Wyndham Hotels & Resorts (NYSE:WH) Receives New Coverage from Analysts at StockNews.com

StockNews.com began coverage on shares of Wyndham Hotels & Resorts (NYSE:WH) in a research note released on Friday. The firm issued a hold rating on the stock.

Wyndham Hotels & Resorts Stock Performance

Wyndham Hotels & Resorts stock opened at $69.96 on Friday. The stock has a market cap of $5.67 billion, a P/E ratio of 20.58, a price-to-earnings-growth ratio of 3.16 and a beta of 1.35. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 2.90. The stock has a 50 day moving average of $76.06 and a 200-day moving average of $76.53. Wyndham Hotels & Resorts has a 52 week low of $63.69 and a 52 week high of $81.73.

Wyndham Hotels & Resorts (NYSE:WH) last released its earnings results on Wednesday, February 14th. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.90 by $0.01. The company had revenue of $321.00 million during the quarter, compared to analysts’ expectations of $321.35 million. Wyndham Hotels & Resorts had a return on equity of 39.91% and a net margin of 20.74%. The business’s revenue was down 3.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.72 EPS. On average, analysts expect that Wyndham Hotels & Resorts will post 4.22 EPS for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 15th were paid a dividend of $0.38 per share. This is a boost from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.35. This represents a $1.52 annualized dividend and a dividend yield of 2.17%. The ex-dividend date of this dividend was Thursday, March 14th. Wyndham Hotels & Resorts’s dividend payout ratio is 44.71%.

Insider Buying and Selling

In related news, CAO Nicola Rossi sold 3,200 shares of the firm’s stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $79.00, for a total transaction of $252,800.00. Following the transaction, the chief accounting officer now directly owns 11,404 shares in the company, valued at $900,916. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 2.79% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

Hedge funds have recently added to or reduced their stakes in the stock. Rockefeller Capital Management L.P. lifted its stake in Wyndham Hotels & Resorts by 139.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 438 shares of the company’s stock valued at $31,000 after buying an additional 255 shares during the last quarter. Allworth Financial LP raised its stake in shares of Wyndham Hotels & Resorts by 62.6% during the fourth quarter. Allworth Financial LP now owns 395 shares of the company’s stock valued at $32,000 after purchasing an additional 152 shares in the last quarter. Money Concepts Capital Corp bought a new stake in shares of Wyndham Hotels & Resorts during the fourth quarter valued at about $33,000. Systematic Alpha Investments LLC bought a new stake in shares of Wyndham Hotels & Resorts during the third quarter valued at about $37,000. Finally, Point72 Hong Kong Ltd bought a new stake in shares of Wyndham Hotels & Resorts during the second quarter valued at about $46,000. 93.46% of the stock is currently owned by institutional investors.

About Wyndham Hotels & Resorts

Wyndham Hotels & Resorts, Inc operates as a hotel franchisor in the United States and internationally. It operates through Hotel Franchising and Hotel Management segments. The Hotel Franchising segment licenses its lodging brands and provides related services to third-party hotel owners and others.