Wyndham Hotels & Resorts (NYSE:WH) Stock Rating Lowered by StockNews.com

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

A number of other research analysts also recently commented on the company. Stifel Nicolaus lowered their price objective on Wyndham Hotels & Resorts from $91.50 to $89.00 and set a “buy” rating for the company in a research note on Thursday, July 25th. Susquehanna assumed coverage on Wyndham Hotels & Resorts in a research note on Friday, June 21st. They set a “neutral” rating and a $80.00 price objective for the company. Truist Financial lowered their price objective on Wyndham Hotels & Resorts from $104.00 to $103.00 and set a “buy” rating for the company in a research note on Monday. The Goldman Sachs Group assumed coverage on Wyndham Hotels & Resorts in a research note on Wednesday, September 18th. They set a “buy” rating and a $96.00 price objective for the company. Finally, Barclays upped their price objective 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. One research analyst has rated the stock with a sell rating, one has given a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $90.13.

Wyndham Hotels & Resorts Stock Performance

WH stock opened at $82.72 on Monday. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 3.83. The firm has a market cap of $6.53 billion, a P/E ratio of 26.94, a P/E/G ratio of 2.82 and a beta of 1.33. Wyndham Hotels & Resorts has a 12-month low of $67.67 and a 12-month high of $82.77. The stock’s 50 day simple moving average is $77.96 and its 200 day simple moving average is $74.50.

Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly earnings results on Wednesday, July 24th. The company reported $1.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.10. The business had revenue of $367.00 million for the quarter, compared to analyst estimates of $370.58 million. Wyndham Hotels & Resorts had a return on equity of 47.05% and a net margin of 18.28%. The business’s revenue was up 1.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.93 EPS. As a group, equities research analysts predict that Wyndham Hotels & Resorts will post 4.27 EPS for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 13th were paid a $0.38 dividend. The ex-dividend date was Friday, September 13th. This represents a $1.52 annualized dividend and a dividend yield of 1.84%. Wyndham Hotels & Resorts’s payout ratio is 49.51%.

Insider Transactions at Wyndham Hotels & Resorts

In other news, insider Monica Melancon sold 5,040 shares of the company’s stock in a transaction on Friday, September 6th. The stock was sold at an average price of $77.66, for a total value of $391,406.40. Following the completion of the sale, the insider now owns 10,606 shares in the company, valued at $823,661.96. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. In other news, insider Monica Melancon sold 5,040 shares of the company’s stock in a transaction on Friday, September 6th. The stock was sold at an average price of $77.66, for a total value of $391,406.40. Following the completion of the sale, the insider now owns 10,606 shares in the company, valued at $823,661.96. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CAO Nicola Rossi sold 7,297 shares of the company’s stock in a transaction on Friday, July 26th. The shares were sold at an average price of $76.70, for a total value of $559,679.90. Following the completion of the sale, the chief accounting officer now owns 4,107 shares of the company’s stock, valued at approximately $315,006.90. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 12,640 shares of company stock valued at $974,351. 2.79% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

Hedge funds have recently modified their holdings of the stock. Retirement Systems of Alabama lifted its holdings in shares of Wyndham Hotels & Resorts by 40.1% during the first quarter. Retirement Systems of Alabama now owns 231,671 shares of the company’s stock valued at $17,781,000 after purchasing an additional 66,266 shares during the last quarter. TimesSquare Capital Management LLC purchased a new stake in shares of Wyndham Hotels & Resorts during the first quarter valued at $1,382,000. Van ECK Associates Corp purchased a new stake in shares of Wyndham Hotels & Resorts during the first quarter valued at $2,292,000. Hsbc Holdings PLC purchased a new stake in shares of Wyndham Hotels & Resorts during the second quarter valued at $1,425,000. Finally, Goldman Sachs Group Inc. lifted its stake in Wyndham Hotels & Resorts by 41.1% in the 4th quarter. Goldman Sachs Group Inc. now owns 899,282 shares of the company’s stock worth $72,311,000 after acquiring an additional 262,031 shares in the last quarter. 93.46% of the stock is owned by hedge funds and other institutional investors.

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.