Wyndham Hotels & Resorts (NYSE:WH) Upgraded by Wall Street Zen to “Hold” Rating

Wall Street Zen upgraded shares of Wyndham Hotels & Resorts (NYSE:WH) from a sell rating to a hold rating in a research note published on Sunday morning.

A number of other equities analysts have also commented on WH. Barclays cut their price objective on shares of Wyndham Hotels & Resorts from $99.00 to $95.00 and set an “overweight” rating on the stock in a report on Friday, October 24th. Susquehanna dropped their target price on Wyndham Hotels & Resorts from $95.00 to $80.00 and set a “neutral” rating on the stock in a research report on Monday, October 27th. Truist Financial set a $98.00 price target on Wyndham Hotels & Resorts in a report on Friday, October 24th. Zacks Research lowered Wyndham Hotels & Resorts from a “hold” rating to a “strong sell” rating in a research note on Thursday, November 6th. Finally, Mizuho began coverage on Wyndham Hotels & Resorts in a research report on Wednesday. They issued a “neutral” rating and a $71.00 target price on the stock. Nine research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $94.63.

Wyndham Hotels & Resorts Stock Down 0.3%

Shares of NYSE WH opened at $72.12 on Friday. The stock has a fifty day moving average price of $75.18 and a 200 day moving average price of $81.53. The company has a market cap of $5.45 billion, a P/E ratio of 16.58, a P/E/G ratio of 1.89 and a beta of 0.77. Wyndham Hotels & Resorts has a 12-month low of $69.21 and a 12-month high of $113.07. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 4.43.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings results on Wednesday, October 22nd. The company reported $1.46 earnings per share for the quarter, topping analysts’ consensus estimates of $1.42 by $0.04. The firm had revenue of $382.00 million during the quarter, compared to analysts’ expectations of $406.29 million. Wyndham Hotels & Resorts had a return on equity of 61.12% and a net margin of 23.54%.Wyndham Hotels & Resorts’s quarterly revenue was down 3.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.39 EPS. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.480-4.62 EPS. Research analysts anticipate that Wyndham Hotels & Resorts will post 4.79 EPS for the current fiscal year.

Wyndham Hotels & Resorts Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 30th. Investors of record on Monday, December 15th will be given a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Monday, December 15th. Wyndham Hotels & Resorts’s dividend payout ratio is currently 37.70%.

Insider Transactions at Wyndham Hotels & Resorts

In other Wyndham Hotels & Resorts news, General Counsel Paul F. Cash sold 36,379 shares of Wyndham Hotels & Resorts stock in a transaction on Friday, November 14th. The shares were sold at an average price of $71.66, for a total value of $2,606,919.14. Following the completion of the transaction, the general counsel owned 39,123 shares of the company’s stock, valued at $2,803,554.18. The trade was a 48.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. 2.46% of the stock is owned by company insiders.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

Several large investors have recently added to or reduced their stakes in WH. EverSource Wealth Advisors LLC boosted its holdings in shares of Wyndham Hotels & Resorts by 73.5% during the second quarter. EverSource Wealth Advisors LLC now owns 314 shares of the company’s stock valued at $25,000 after acquiring an additional 133 shares during the period. Elequin Capital LP bought a new stake in Wyndham Hotels & Resorts in the 1st quarter valued at about $29,000. Hantz Financial Services Inc. boosted its stake in Wyndham Hotels & Resorts by 5,950.0% during the 2nd quarter. Hantz Financial Services Inc. now owns 363 shares of the company’s stock valued at $29,000 after purchasing an additional 357 shares during the period. Geneos Wealth Management Inc. boosted its stake in Wyndham Hotels & Resorts by 49.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 376 shares of the company’s stock valued at $34,000 after purchasing an additional 124 shares during the period. Finally, Cornerstone Planning Group LLC bought a new position in Wyndham Hotels & Resorts in the 3rd quarter worth about $36,000. 93.46% of the stock is owned by institutional investors and hedge funds.

About Wyndham Hotels & Resorts

Wyndham Hotels & Resorts, Inc engages in the franchise and operation of hotels under the Wyndham brand. It operates through the Hotel Franchising and Hotel Management segments. The Hotel Franchising segment focuses on licensing the company’s lodging brands and providing related services to third-party hotel owners and others.