Oppenheimer set a $69.00 price objective on Wyndham Hotels & Resorts (NYSE:WH) in a research report report published on Friday morning. The firm currently has a buy rating on the stock. Oppenheimer also issued estimates for Wyndham Hotels & Resorts’ FY2019 earnings at $3.23 EPS.

Several other equities analysts have also weighed in on the stock. Wolfe Research upgraded shares of Wyndham Hotels & Resorts from an underperform rating to a peer perform rating in a report on Wednesday, October 10th. Zacks Investment Research upgraded shares of Wyndham Hotels & Resorts from a sell rating to a hold rating in a report on Saturday, October 6th. Longbow Research initiated coverage on shares of Wyndham Hotels & Resorts in a report on Friday, September 7th. They issued a buy rating and a $77.00 price objective on the stock. Finally, Goldman Sachs Group lowered shares of Wyndham Hotels & Resorts from a conviction-buy rating to a buy rating in a report on Tuesday, November 27th. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. The company has an average rating of Buy and an average target price of $73.29.

Shares of NYSE:WH traded down $0.90 during midday trading on Friday, hitting $49.58. 910,276 shares of the company’s stock traded hands, compared to its average volume of 722,020. The company has a debt-to-equity ratio of 1.47, a quick ratio of 1.21 and a current ratio of 1.21. Wyndham Hotels & Resorts has a twelve month low of $43.54 and a twelve month high of $66.95.

Wyndham Hotels & Resorts (NYSE:WH) last posted its earnings results on Tuesday, October 30th. The company reported $0.85 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.84 by $0.01. The business had revenue of $604.00 million for the quarter, compared to analyst estimates of $561.42 million. Wyndham Hotels & Resorts had a net margin of 12.90% and a return on equity of 22.08%. The business’s revenue was up 74.1% compared to the same quarter last year. Sell-side analysts anticipate that Wyndham Hotels & Resorts will post 2.66 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 28th. Shareholders of record on Friday, December 14th will be issued a $0.25 dividend. The ex-dividend date is Thursday, December 13th. This represents a $1.00 dividend on an annualized basis and a yield of 2.02%.

In other Wyndham Hotels & Resorts news, insider Stephen P. Holmes sold 20,000 shares of the business’s stock in a transaction on Wednesday, November 14th. The shares were sold at an average price of $46.85, for a total value of $937,000.00. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Stephen P. Holmes sold 50,000 shares of the business’s stock in a transaction on Monday, November 12th. The stock was sold at an average price of $47.25, for a total transaction of $2,362,500.00. The disclosure for this sale can be found here. Insiders sold a total of 100,000 shares of company stock worth $4,692,700 in the last quarter.

Several institutional investors have recently modified their holdings of WH. BlackRock Inc. acquired a new stake in shares of Wyndham Hotels & Resorts in the 2nd quarter valued at about $527,234,000. FMR LLC acquired a new stake in shares of Wyndham Hotels & Resorts in the 2nd quarter valued at about $464,103,000. Boston Partners acquired a new stake in shares of Wyndham Hotels & Resorts in the 2nd quarter valued at about $304,426,000. LSV Asset Management acquired a new stake in shares of Wyndham Hotels & Resorts in the 2nd quarter valued at about $147,755,000. Finally, Investec Asset Management LTD acquired a new stake in shares of Wyndham Hotels & Resorts in the 2nd quarter valued at about $121,232,000. Institutional investors and hedge funds own 87.55% of the company’s stock.

About Wyndham Hotels & Resorts

Wyndham Hotels & Resorts, Inc operates as a hotel franchisor worldwide. The company licenses its hotel brands, including Super 8, Days Inn, Ramada, Microtel Inn & Suites, La Quinta, Wingate, AmericInn, Hawthorn Suites, The Trademark Collection, and Wyndham to hotel owners in approximately 80 countries.

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Analyst Recommendations for Wyndham Hotels & Resorts (NYSE:WH)

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