Wyndham Hotels & Resorts (NYSE:WH) Coverage Initiated at StockNews.com

Research analysts at StockNews.com began coverage on shares of Wyndham Hotels & Resorts (NYSE:WH) in a research note issued to investors on Saturday. The firm set a “hold” rating on the stock.

Several other research analysts have also recently weighed in on WH. Robert W. Baird boosted their price target on Wyndham Hotels & Resorts from $86.00 to $88.00 and gave the stock an “outperform” rating in a research note on Friday. Barclays boosted their price target on Wyndham Hotels & Resorts from $87.00 to $88.00 and gave the stock an “overweight” rating in a research note on Friday. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Wyndham Hotels & Resorts currently has an average rating of “Moderate Buy” and an average target price of $88.17.

Wyndham Hotels & Resorts Stock Down 2.1 %

Shares of NYSE:WH opened at $73.79 on Friday. The stock has a fifty day simple moving average of $75.41 and a two-hundred day simple moving average of $76.81. The stock has a market capitalization of $5.98 billion, a price-to-earnings ratio of 26.17, a PEG ratio of 3.06 and a beta of 1.35. Wyndham Hotels & Resorts has a 12-month low of $63.69 and a 12-month high of $81.73. The company has a current ratio of 0.11, a quick ratio of 0.81 and a debt-to-equity ratio of 2.90.

Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings data on Wednesday, April 24th. The company reported $0.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.75 by $0.03. The business had revenue of $305.00 million during the quarter, compared to analysts’ expectations of $308.24 million. Wyndham Hotels & Resorts had a return on equity of 41.83% and a net margin of 17.19%. The firm’s quarterly revenue was down 2.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.86 earnings per share. On average, research analysts anticipate that Wyndham Hotels & Resorts will post 4.23 earnings per share for the current fiscal year.

Insider Transactions at Wyndham Hotels & Resorts

In other news, CAO Nicola Rossi sold 3,200 shares of the company’s stock in a transaction dated Tuesday, March 12th. The stock was sold at an average price of $79.00, for a total value of $252,800.00. Following the completion of the transaction, the chief accounting officer now owns 11,404 shares of the company’s stock, valued at $900,916. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 2.79% of the company’s stock.

Hedge Funds Weigh In On Wyndham Hotels & Resorts

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. WINTON GROUP Ltd boosted its stake in Wyndham Hotels & Resorts by 2.3% during the third quarter. WINTON GROUP Ltd now owns 6,517 shares of the company’s stock valued at $453,000 after buying an additional 144 shares during the last quarter. Janney Capital Management LLC boosted its stake in Wyndham Hotels & Resorts by 3.1% during the fourth quarter. Janney Capital Management LLC now owns 4,887 shares of the company’s stock valued at $393,000 after buying an additional 145 shares during the last quarter. Tributary Capital Management LLC boosted its stake in Wyndham Hotels & Resorts by 1.9% during the fourth quarter. Tributary Capital Management LLC now owns 7,700 shares of the company’s stock valued at $619,000 after buying an additional 146 shares during the last quarter. Patriot Financial Group Insurance Agency LLC lifted its stake in shares of Wyndham Hotels & Resorts by 4.1% in the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 3,739 shares of the company’s stock valued at $260,000 after purchasing an additional 147 shares during the last quarter. Finally, Allworth Financial LP lifted its stake in shares of Wyndham Hotels & Resorts by 62.6% in the 4th quarter. Allworth Financial LP now owns 395 shares of the company’s stock valued at $32,000 after purchasing an additional 152 shares during the last quarter. 93.46% of the stock is 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.