Morgan Stanley Cuts Wyndham Hotels & Resorts (NYSE:WH) Price Target to $85.00

Wyndham Hotels & Resorts (NYSE:WH) had its price objective cut by Morgan Stanley from $89.00 to $85.00 in a research note released on Tuesday,Benzinga reports. They currently have an overweight rating on the stock.

A number of other analysts also recently weighed in on WH. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $100.00 price target on shares of Wyndham Hotels & Resorts in a report on Friday, February 20th. Mizuho upped their target price on Wyndham Hotels & Resorts from $97.00 to $108.00 and gave the stock an “outperform” rating in a research note on Friday, February 20th. Barclays reaffirmed an “overweight” rating and issued a $98.00 target price on shares of Wyndham Hotels & Resorts in a report on Friday, February 20th. JPMorgan Chase & Co. lowered their price target on Wyndham Hotels & Resorts from $95.00 to $91.00 and set an “overweight” rating for the company in a report on Tuesday, February 3rd. Finally, Stifel Nicolaus dropped their price objective on Wyndham Hotels & Resorts from $95.50 to $93.00 and set a “buy” rating for the company in a research report on Wednesday, January 28th. Ten research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $95.15.

Wyndham Hotels & Resorts Price Performance

Shares of NYSE WH opened at $73.58 on Tuesday. The business has a fifty day moving average price of $78.44 and a two-hundred day moving average price of $78.23. The stock has a market capitalization of $5.53 billion, a PE ratio of 29.79, a P/E/G ratio of 1.93 and a beta of 0.72. The company has a debt-to-equity ratio of 5.37, a current ratio of 0.86 and a quick ratio of 0.86. Wyndham Hotels & Resorts has a fifty-two week low of $69.21 and a fifty-two week high of $93.58.

Wyndham Hotels & Resorts (NYSE:WH) last issued its quarterly earnings results on Wednesday, February 18th. The company reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.04. Wyndham Hotels & Resorts had a return on equity of 64.18% and a net margin of 13.51%.The company had revenue of $334.00 million for the quarter, compared to analysts’ expectations of $337.63 million. During the same quarter last year, the business earned $1.04 earnings per share. Wyndham Hotels & Resorts’s revenue was down 2.1% on a year-over-year basis. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.620-4.800 EPS. As a group, equities analysts predict that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Friday, March 20th will be issued a $0.43 dividend. This is a boost from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.41. The ex-dividend date is Friday, March 20th. This represents a $1.72 dividend on an annualized basis and a yield of 2.3%. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is 66.40%.

Insider Buying and Selling

In related news, insider Scott R. Strickland sold 6,500 shares of the business’s stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $80.36, for a total value of $522,340.00. Following the sale, the insider owned 43,639 shares of the company’s stock, valued at $3,506,830.04. The trade was a 12.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Geoffrey A. Ballotti sold 55,124 shares of Wyndham Hotels & Resorts stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $79.27, for a total value of $4,369,679.48. Following the completion of the transaction, the chief executive officer directly owned 490,028 shares in the company, valued at approximately $38,844,519.56. This represents a 10.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 81,424 shares of company stock worth $6,398,601 in the last ninety days. Company insiders own 2.46% of the company’s stock.

Institutional Trading of Wyndham Hotels & Resorts

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in Wyndham Hotels & Resorts during the 4th quarter worth about $219,462,000. Bank of Montreal Can increased its holdings in Wyndham Hotels & Resorts by 14,200.0% in the fourth quarter. Bank of Montreal Can now owns 2,562,843 shares of the company’s stock worth $193,648,000 after purchasing an additional 2,544,921 shares in the last quarter. Champlain Investment Partners LLC boosted its holdings in shares of Wyndham Hotels & Resorts by 352.8% during the 3rd quarter. Champlain Investment Partners LLC now owns 2,212,717 shares of the company’s stock worth $176,796,000 after buying an additional 1,724,091 shares in the last quarter. Alyeska Investment Group L.P. grew its position in shares of Wyndham Hotels & Resorts by 191.9% during the 4th quarter. Alyeska Investment Group L.P. now owns 2,109,034 shares of the company’s stock worth $159,359,000 after buying an additional 1,386,569 shares during the period. Finally, Long Pond Capital LP lifted its position in shares of Wyndham Hotels & Resorts by 545.8% during the 2nd quarter. Long Pond Capital LP now owns 1,505,781 shares of the company’s stock valued at $122,284,000 after acquiring an additional 1,272,628 shares during the period. Institutional investors and hedge funds own 93.46% of the company’s stock.

About Wyndham Hotels & Resorts

Wyndham Hotels & Resorts, Inc (NYSE: WH) is a leading global hospitality company specializing in hotel franchising and management. Established in 2018 through the spin-off of Wyndham Hotel Group from Wyndham Worldwide, the company focuses on the development, marketing and distribution of hotel brands designed to meet the needs of business and leisure travelers. Its core business model centers on franchising agreements, enabling third-party hotel owners to operate under the Wyndham portfolio while accessing the company’s centralized services and support.

The company’s brand portfolio spans economy, midscale and upper-midscale segments, featuring well-known names such as Wyndham, Ramada, Days Inn, Super 8, Microtel Inn & Suites, and La Quinta by Wyndham.