Wyndham Hotels & Resorts, Inc. (NYSE:WH) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) have been given a consensus rating of “Moderate Buy” by the twelve brokerages that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation and eleven have given 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 $109.81.

A number of equities research analysts have recently commented on the company. Susquehanna increased their target price on Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 25th. The Goldman Sachs Group cut their price objective on shares of Wyndham Hotels & Resorts from $124.00 to $108.00 and set a “buy” rating on the stock in a research report on Monday, April 14th. Stifel Nicolaus decreased their target price on shares of Wyndham Hotels & Resorts from $121.00 to $102.75 and set a “buy” rating for the company in a report on Thursday, May 1st. Jefferies Financial Group cut their price target on shares of Wyndham Hotels & Resorts from $125.00 to $110.00 and set a “buy” rating on the stock in a report on Wednesday, April 9th. Finally, Morgan Stanley decreased their price objective on shares of Wyndham Hotels & Resorts from $102.00 to $94.00 and set an “overweight” rating for the company in a report on Tuesday, April 22nd.

Wyndham Hotels & Resorts Stock Performance

Shares of WH stock opened at $84.15 on Thursday. The company’s fifty day moving average price is $89.12 and its 200-day moving average price is $96.41. The stock has a market cap of $6.52 billion, a PE ratio of 23.18, a price-to-earnings-growth ratio of 1.87 and a beta of 1.08. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 3.72. Wyndham Hotels & Resorts has a 12 month low of $67.67 and a 12 month high of $113.07.

Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings data on Wednesday, April 30th. The company reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.82 by $0.04. Wyndham Hotels & Resorts had a net margin of 20.51% and a return on equity of 54.86%. The business had revenue of $316.00 million for the quarter, compared to analysts’ expectations of $320.10 million. During the same quarter in the prior year, the company earned $0.78 earnings per share. The business’s revenue was up 3.6% compared to the same quarter last year. On average, equities analysts expect that Wyndham Hotels & Resorts will post 4.79 EPS for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were given a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 1.95%. This is a boost from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.38. The ex-dividend date was Monday, March 17th. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is presently 38.86%.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Mutual of America Capital Management LLC grew its position in Wyndham Hotels & Resorts by 17.3% during the fourth quarter. Mutual of America Capital Management LLC now owns 173,952 shares of the company’s stock valued at $17,533,000 after buying an additional 25,702 shares during the period. CIBC Asset Management Inc bought a new stake in shares of Wyndham Hotels & Resorts during the 4th quarter valued at $248,000. Bessemer Group Inc. increased its stake in shares of Wyndham Hotels & Resorts by 24,953.8% in the 4th quarter. Bessemer Group Inc. now owns 1,333,615 shares of the company’s stock worth $134,414,000 after purchasing an additional 1,328,292 shares in the last quarter. Proficio Capital Partners LLC purchased a new position in Wyndham Hotels & Resorts during the fourth quarter valued at $28,000. Finally, Bank of New York Mellon Corp grew its holdings in Wyndham Hotels & Resorts by 1.0% during the fourth quarter. Bank of New York Mellon Corp now owns 851,974 shares of the company’s stock valued at $85,870,000 after purchasing an additional 8,129 shares during the period. Hedge funds and other institutional investors own 93.46% 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 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.