Equities research analysts at StockNews.com initiated coverage on shares of Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) in a research note issued on Tuesday. The firm set a “hold” rating on the stock.
WH has been the subject of several other research reports. Robert W. Baird increased their target price on Wyndham Hotels & Resorts from $86.00 to $88.00 and gave the stock an “outperform” rating in a research report on Friday, April 26th. Barclays increased 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 analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $88.17.
Get Our Latest Stock Report on Wyndham Hotels & Resorts
Wyndham Hotels & Resorts Stock Down 0.2 %
WH stock opened at $70.86 on Tuesday. The company’s 50 day moving average is $73.80 and its 200 day moving average is $76.85. The stock has a market cap of $5.71 billion, a price-to-earnings ratio of 25.13, a price-to-earnings-growth ratio of 2.47 and a beta of 1.33. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 3.27. Wyndham Hotels & Resorts has a 1-year low of $63.69 and a 1-year high of $81.73.
Wyndham Hotels & Resorts (NYSE:WH – Get Free Report) last issued its earnings results 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. Wyndham Hotels & Resorts had a return on equity of 41.83% and a net margin of 17.19%. The business had revenue of $305.00 million during the quarter, compared to analyst estimates of $308.24 million. During the same quarter in the prior year, the firm earned $0.86 earnings per share. Wyndham Hotels & Resorts’s revenue for the quarter was down 2.6% on a year-over-year basis. Sell-side analysts predict that Wyndham Hotels & Resorts will post 4.25 EPS for the current fiscal year.
Insider Buying and Selling at Wyndham Hotels & Resorts
In other news, CAO Nicola Rossi sold 3,200 shares of the business’s stock in a transaction on Tuesday, March 12th. The shares were sold at an average price of $79.00, for a total value of $252,800.00. Following the transaction, the chief accounting officer now owns 11,404 shares of the company’s stock, valued at $900,916. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other Wyndham Hotels & Resorts news, CAO Nicola Rossi sold 3,200 shares of Wyndham Hotels & Resorts stock in a transaction on Tuesday, March 12th. The shares were sold at an average price of $79.00, for a total value of $252,800.00. Following the completion of the transaction, the chief accounting officer now directly owns 11,404 shares of the company’s stock, valued at approximately $900,916. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Geoffrey A. Ballotti sold 196,279 shares of Wyndham Hotels & Resorts stock in a transaction dated 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 completion of the transaction, the chief executive officer now owns 377,712 shares of the company’s stock, valued at approximately $27,708,952.32. The disclosure for this sale can be found here. Insiders own 2.79% of the company’s stock.
Hedge Funds Weigh In On Wyndham Hotels & Resorts
Large investors have recently added to or reduced their stakes in the company. Allworth Financial LP grew its position in shares of Wyndham Hotels & Resorts by 62.6% during the 4th quarter. Allworth Financial LP now owns 395 shares of the company’s stock valued at $32,000 after acquiring an additional 152 shares during the period. Systematic Alpha Investments LLC purchased a new position in Wyndham Hotels & Resorts during the third quarter worth about $37,000. Chilton Capital Management LLC purchased a new stake in shares of Wyndham Hotels & Resorts during the 4th quarter valued at approximately $47,000. Covestor Ltd lifted its stake in shares of Wyndham Hotels & Resorts by 68.3% in the 3rd quarter. Covestor Ltd now owns 813 shares of the company’s stock valued at $57,000 after purchasing an additional 330 shares during the last quarter. Finally, TFO Wealth Partners LLC lifted its position in Wyndham Hotels & Resorts by 41,100.0% in the fourth 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. 93.46% of the stock is currently owned by institutional investors.
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.
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