Wyndham Hotels & Resorts (NYSE:WH) Rating Lowered to Sell at StockNews.com

StockNews.com lowered shares of Wyndham Hotels & Resorts (NYSE:WH) from a hold rating to a sell rating in a research note released on Monday.

WH has been the subject of several other research reports. Barclays upped their price target on Wyndham Hotels & Resorts from $88.00 to $90.00 and gave the stock an “overweight” rating in a research note on Friday, July 26th. Susquehanna initiated coverage on shares of Wyndham Hotels & Resorts in a research report on Friday, June 21st. They issued a “neutral” rating and a $80.00 price objective for the company. Stifel Nicolaus dropped their target price on Wyndham Hotels & Resorts from $91.50 to $89.00 and set a “buy” rating on the stock in a research report on Thursday, July 25th. The Goldman Sachs Group started coverage on Wyndham Hotels & Resorts in a research note on Wednesday, September 18th. They issued a “buy” rating and a $96.00 price target on the stock. Finally, Truist Financial reduced their target price on Wyndham Hotels & Resorts from $104.00 to $103.00 and set a “buy” rating for the company in a report on Monday. One research analyst has rated the stock with a sell rating, one has given a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, Wyndham Hotels & Resorts presently has an average rating of “Moderate Buy” and a consensus price target of $90.13.

Wyndham Hotels & Resorts Stock Up 0.8 %

WH opened at $81.95 on Monday. The stock has a market capitalization of $6.47 billion, a P/E ratio of 26.69, a price-to-earnings-growth ratio of 2.82 and a beta of 1.33. The company has a debt-to-equity ratio of 3.83, a quick ratio of 0.90 and a current ratio of 0.90. Wyndham Hotels & Resorts has a one year low of $67.67 and a one year high of $82.71. The business’s 50-day simple moving average is $77.80 and its 200-day simple moving average is $74.45.

Wyndham Hotels & Resorts (NYSE:WH) last issued its quarterly earnings data on Wednesday, July 24th. The company reported $1.13 earnings per share for the quarter, beating analysts’ consensus estimates of $1.03 by $0.10. The company had revenue of $367.00 million during the quarter, compared to analysts’ expectations of $370.58 million. Wyndham Hotels & Resorts had a return on equity of 47.05% and a net margin of 18.28%. The firm’s revenue for the quarter was up 1.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.93 earnings per share. Analysts anticipate that Wyndham Hotels & Resorts will post 4.27 EPS for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 13th were issued a dividend of $0.38 per share. The ex-dividend date of this dividend was Friday, September 13th. This represents a $1.52 annualized dividend and a yield of 1.85%. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is currently 49.51%.

Insider Buying and Selling at Wyndham Hotels & Resorts

In other news, insider Monica Melancon sold 5,040 shares of the firm’s stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of $77.66, for a total transaction of $391,406.40. Following the completion of the transaction, the insider now directly owns 10,606 shares of the company’s stock, valued at $823,661.96. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, insider Monica Melancon sold 5,040 shares of Wyndham Hotels & Resorts stock in a transaction dated Friday, September 6th. The stock was sold at an average price of $77.66, for a total transaction of $391,406.40. Following the completion of the sale, the insider now owns 10,606 shares in the company, valued at approximately $823,661.96. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Nicola Rossi sold 7,297 shares of the company’s stock in a transaction dated Friday, July 26th. The shares were sold at an average price of $76.70, for a total transaction of $559,679.90. Following the completion of the transaction, the chief accounting officer now owns 4,107 shares in the company, valued at approximately $315,006.90. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 12,640 shares of company stock valued at $974,351 over the last quarter. Corporate insiders own 2.79% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Virtu Financial LLC increased its position in Wyndham Hotels & Resorts by 62.8% during the fourth quarter. Virtu Financial LLC now owns 5,071 shares of the company’s stock worth $408,000 after purchasing an additional 1,956 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in Wyndham Hotels & Resorts by 41.1% in the fourth quarter. Goldman Sachs Group Inc. now owns 899,282 shares of the company’s stock valued at $72,311,000 after acquiring an additional 262,031 shares during the last quarter. Wellington Management Group LLP grew its position in Wyndham Hotels & Resorts by 10.9% during the fourth quarter. Wellington Management Group LLP now owns 5,545,099 shares of the company’s stock valued at $445,881,000 after acquiring an additional 543,488 shares during the period. Quadrature Capital Ltd acquired a new stake in Wyndham Hotels & Resorts during the fourth quarter worth about $314,000. Finally, Nomura Holdings Inc. purchased a new position in shares of Wyndham Hotels & Resorts in the 4th quarter worth about $329,000. 93.46% of the stock is currently owned by institutional investors and hedge funds.

About Wyndham Hotels & Resorts

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.