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

Analysts at StockNews.com initiated coverage on shares of Wyndham Hotels & Resorts (NYSE:WH) in a research note issued on Sunday. The firm set a “hold” rating on the stock.

Several other equities research analysts have also recently weighed in on WH. Robert W. Baird increased their target price on shares of Wyndham Hotels & Resorts from $86.00 to $88.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. Barclays lifted their price objective on Wyndham Hotels & Resorts from $87.00 to $88.00 and gave the stock an “overweight” rating in a report on Friday, April 26th. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, Wyndham Hotels & Resorts has an average rating of “Moderate Buy” and a consensus target price of $88.17.

Wyndham Hotels & Resorts Price Performance

NYSE WH opened at $74.89 on Friday. The stock has a market capitalization of $6.03 billion, a PE ratio of 26.56, a P/E/G ratio of 2.55 and a beta of 1.33. The stock has a 50-day simple moving average of $74.73 and a 200 day simple moving average of $76.92. The company has a debt-to-equity ratio of 3.27, a quick ratio of 0.70 and a current ratio of 0.70. Wyndham Hotels & Resorts has a twelve month low of $63.69 and a twelve month high of $81.73.

Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly earnings data on Wednesday, April 24th. The company reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.03. The company 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%. Wyndham Hotels & Resorts’s revenue for the quarter was down 2.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.86 earnings per share. Research analysts anticipate that Wyndham Hotels & Resorts will post 4.25 EPS for the current year.

Insider Buying and Selling at Wyndham Hotels & Resorts

In related news, CEO Geoffrey A. Ballotti sold 196,279 shares of the stock in a transaction dated Wednesday, May 1st. The shares were sold at an average price of $73.36, for a total transaction of $14,399,027.44. Following the completion of the sale, the chief executive officer now owns 377,712 shares in the company, valued at approximately $27,708,952.32. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, CEO Geoffrey A. Ballotti sold 196,279 shares of the firm’s stock in a transaction on Wednesday, May 1st. The stock was sold at an average price of $73.36, for a total transaction of $14,399,027.44. Following the completion of the sale, the chief executive officer now directly owns 377,712 shares of the company’s stock, valued at approximately $27,708,952.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Nicola Rossi sold 3,200 shares of the stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $79.00, for a total value of $252,800.00. Following the sale, the chief accounting officer now owns 11,404 shares in the company, valued at approximately $900,916. The disclosure for this sale can be found here. Company insiders own 2.79% of the company’s stock.

Hedge Funds Weigh In On Wyndham Hotels & Resorts

A number of large investors have recently modified their holdings of WH. Allworth Financial LP raised its position in Wyndham Hotels & Resorts by 62.6% in the 4th quarter. Allworth Financial LP now owns 395 shares of the company’s stock worth $32,000 after purchasing an additional 152 shares during the last quarter. Systematic Alpha Investments LLC acquired a new position in shares of Wyndham Hotels & Resorts during the third quarter valued at $37,000. Chilton Capital Management LLC bought a new position in Wyndham Hotels & Resorts in the fourth quarter valued at about $47,000. Covestor Ltd increased its position in Wyndham Hotels & Resorts by 68.3% in the third quarter. Covestor Ltd now owns 813 shares of the company’s stock worth $57,000 after purchasing an additional 330 shares during the period. Finally, TFO Wealth Partners LLC raised its holdings in Wyndham Hotels & Resorts by 41,100.0% during the 4th quarter. TFO Wealth Partners LLC now owns 824 shares of the company’s stock worth $66,000 after purchasing an additional 822 shares during the last quarter. 93.46% of the stock is currently owned by institutional investors and hedge funds.

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.