Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) have earned a consensus recommendation of “Buy” from the nine research firms that are currently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation and six have assigned a buy recommendation to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $89.40.
WH has been the subject of a number of research reports. Berenberg Bank raised Wyndham Hotels & Resorts from a “hold” rating to a “buy” rating in a research report on Thursday, January 6th. Zacks Investment Research lowered Wyndham Hotels & Resorts from a “hold” rating to a “sell” rating in a report on Wednesday, February 2nd. Truist Financial raised their target price on Wyndham Hotels & Resorts from $83.00 to $91.00 and gave the company a “buy” rating in a report on Friday, October 29th. JPMorgan Chase & Co. raised their target price on Wyndham Hotels & Resorts from $83.00 to $86.00 and gave the company an “overweight” rating in a report on Monday, October 18th. Finally, Robert W. Baird restated a “buy” rating on shares of Wyndham Hotels & Resorts in a report on Thursday, December 9th.
WH opened at $87.10 on Friday. The stock has a market cap of $8.12 billion, a price-to-earnings ratio of 43.55 and a beta of 1.70. Wyndham Hotels & Resorts has a 1 year low of $58.44 and a 1 year high of $91.41. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 1.84. The stock has a fifty day moving average price of $84.98 and a 200 day moving average price of $80.28.
This is the American crisis almost nobody sees coming.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 29th. Stockholders of record on Wednesday, December 15th were paid a $0.32 dividend. The ex-dividend date was Tuesday, December 14th. This is a positive change from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.24. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.47%. Wyndham Hotels & Resorts’s payout ratio is currently 64.00%.
In related news, CAO Nicola Rossi sold 16,873 shares of the business’s stock in a transaction dated Wednesday, December 29th. The stock was sold at an average price of $89.65, for a total transaction of $1,512,664.45. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, General Counsel Paul F. Cash sold 1,232 shares of the business’s stock in a transaction dated Monday, December 6th. The shares were sold at an average price of $81.24, for a total value of $100,087.68. The disclosure for this sale can be found here. Insiders sold 46,194 shares of company stock worth $4,062,394 over the last quarter. 2.06% of the stock is currently owned by corporate insiders.
A number of institutional investors and hedge funds have recently modified their holdings of WH. Alberta Investment Management Corp acquired a new stake in Wyndham Hotels & Resorts during the fourth quarter valued at approximately $864,000. Geode Capital Management LLC boosted its holdings in Wyndham Hotels & Resorts by 2.7% during the fourth quarter. Geode Capital Management LLC now owns 1,143,121 shares of the company’s stock valued at $102,480,000 after purchasing an additional 30,542 shares in the last quarter. PFS Investments Inc. boosted its holdings in Wyndham Hotels & Resorts by 28.3% during the fourth quarter. PFS Investments Inc. now owns 69,800 shares of the company’s stock valued at $6,258,000 after purchasing an additional 15,402 shares in the last quarter. Renaissance Technologies LLC boosted its holdings in Wyndham Hotels & Resorts by 108.9% during the fourth quarter. Renaissance Technologies LLC now owns 227,739 shares of the company’s stock valued at $20,417,000 after purchasing an additional 118,739 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Wyndham Hotels & Resorts by 1.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 615,105 shares of the company’s stock valued at $55,145,000 after purchasing an additional 11,009 shares in the last quarter. Hedge funds and other institutional investors own 92.87% of the company’s stock.
About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts, Inc engages in the franchise and operation of hotels under the Wyndham brand. It operates through the following segments: Hotel Franchising and Hotel Management. The Hotel Franchising segment offers licenses of brand names and associated trademarks to hotel owners under long-term franchise agreements.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]
Before you consider Wyndham Hotels & Resorts, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Wyndham Hotels & Resorts wasn’t on the list.
While Wyndham Hotels & Resorts currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.