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

Equities researchers at StockNews.com started coverage on shares of Wyndham Hotels & Resorts (NYSE:WH) in a note issued to investors on Thursday. The firm set a “hold” rating on the stock.

WH has been the subject of several other reports. Robert W. Baird boosted their target price on Wyndham Hotels & Resorts from $86.00 to $88.00 and gave the company an “outperform” rating in a report on Friday, April 26th. Barclays boosted their target price on Wyndham Hotels & Resorts from $87.00 to $88.00 and gave the company an “overweight” rating in a report on Friday, April 26th. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $88.17.

Wyndham Hotels & Resorts Trading Up 1.2 %

NYSE:WH opened at $71.14 on Thursday. The stock has a 50-day simple moving average of $71.87 and a 200-day simple moving average of $76.26. The stock has a market cap of $5.73 billion, a P/E ratio of 25.23, a P/E/G ratio of 2.41 and a beta of 1.33. Wyndham Hotels & Resorts has a 1 year low of $65.54 and a 1 year high of $81.73. 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 (NYSE:WH) last released its quarterly earnings data on Wednesday, April 24th. The company reported $0.78 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business’s quarterly revenue was down 2.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.86 EPS. As a group, analysts anticipate that Wyndham Hotels & Resorts will post 4.25 earnings per share for the current fiscal year.

Insider Buying and Selling at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, CEO Geoffrey A. Ballotti sold 196,279 shares of the company’s stock in a transaction that occurred 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 document filed with the SEC, which can be accessed through this hyperlink. In other news, insider Scott R. Strickland sold 4,076 shares of the stock in a transaction that occurred on Thursday, May 30th. The stock was sold at an average price of $67.81, for a total transaction of $276,393.56. Following the completion of the transaction, the insider now directly owns 28,912 shares of the company’s stock, valued at approximately $1,960,522.72. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Geoffrey A. Ballotti sold 196,279 shares of the stock in a transaction that occurred on Wednesday, May 1st. The stock was sold at an average price of $73.36, for a total value of $14,399,027.44. Following the transaction, the chief executive officer now directly owns 377,712 shares of the company’s stock, valued at $27,708,952.32. The disclosure for this sale can be found here. Insiders sold a total of 210,133 shares of company stock valued at $15,383,027 in the last ninety days. Insiders own 2.79% of the company’s stock.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

A number of institutional investors and hedge funds have recently modified their holdings of WH. Allworth Financial LP grew its holdings 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 worth $32,000 after acquiring an additional 152 shares during the period. Systematic Alpha Investments LLC acquired a new stake in Wyndham Hotels & Resorts during the 3rd quarter valued at $37,000. Chilton Capital Management LLC acquired a new stake in Wyndham Hotels & Resorts during the 4th quarter valued at $47,000. Covestor Ltd grew its holdings in Wyndham Hotels & Resorts by 68.3% during the 3rd quarter. Covestor Ltd now owns 813 shares of the company’s stock valued at $57,000 after buying an additional 330 shares during the last quarter. Finally, TFO Wealth Partners LLC grew 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 valued at $66,000 after buying an additional 822 shares during the last quarter. Institutional investors and hedge funds own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Company Profile

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.