Wyndham Hotels & Resorts (NYSE:WH) Price Target Lowered to $87.00 at Barclays

Wyndham Hotels & Resorts (NYSE:WH) had its price objective cut by Barclays from $90.00 to $87.00 in a research report released on Friday morning, Benzinga reports. They currently have an overweight rating on the stock.

Other equities analysts also recently issued reports about the company. StockNews.com assumed coverage on Wyndham Hotels & Resorts in a report on Friday. They issued a hold rating for the company. Robert W. Baird lowered their price target on Wyndham Hotels & Resorts from $87.00 to $86.00 and set an outperform rating for the company in a report on Friday. One analyst has rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of Moderate Buy and an average price target of $88.00.

Wyndham Hotels & Resorts Stock Performance

Shares of WH opened at $69.96 on Friday. The stock has a 50 day moving average price of $76.06 and a 200 day moving average price of $76.53. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 2.90. The company has a market capitalization of $5.67 billion, a price-to-earnings ratio of 20.58, a price-to-earnings-growth ratio of 3.16 and a beta of 1.35. Wyndham Hotels & Resorts has a 52-week low of $63.69 and a 52-week high of $81.73.

Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings results on Wednesday, February 14th. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.90 by $0.01. The firm had revenue of $321.00 million during the quarter, compared to the consensus estimate of $321.35 million. Wyndham Hotels & Resorts had a return on equity of 39.91% and a net margin of 20.74%. The firm’s quarterly revenue was down 3.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.72 earnings per share. Research analysts predict that Wyndham Hotels & Resorts will post 4.22 EPS for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were paid a $0.38 dividend. The ex-dividend date was Thursday, March 14th. This represents a $1.52 dividend on an annualized basis and a yield of 2.17%. This is a boost from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.35. Wyndham Hotels & Resorts’s payout ratio is currently 44.71%.

Insider Transactions at Wyndham Hotels & Resorts

In other news, CAO Nicola Rossi sold 3,200 shares of the company’s stock in a transaction that occurred on Tuesday, March 12th. The stock was sold at an average price of $79.00, for a total transaction of $252,800.00. Following the completion of the sale, the chief accounting officer now owns 11,404 shares in the company, valued at $900,916. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 2.79% of the company’s stock.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

Large investors have recently modified their holdings of the stock. Allworth Financial LP raised its stake in shares of Wyndham Hotels & Resorts by 62.6% during the fourth quarter. Allworth Financial LP now owns 395 shares of the company’s stock worth $32,000 after purchasing an additional 152 shares during the last quarter. Rockefeller Capital Management L.P. grew its holdings in Wyndham Hotels & Resorts by 139.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 438 shares of the company’s stock worth $31,000 after acquiring an additional 255 shares during the period. Money Concepts Capital Corp acquired a new position in Wyndham Hotels & Resorts during the fourth quarter worth $33,000. Systematic Alpha Investments LLC acquired a new position in Wyndham Hotels & Resorts during the third quarter worth $37,000. Finally, Chilton Capital Management LLC acquired a new position in Wyndham Hotels & Resorts during the fourth quarter worth $47,000. Hedge funds and other institutional investors own 93.46% of the company’s stock.

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.