Wyndham Hotels & Resorts (NYSE:WH) Given New $102.75 Price Target at Stifel Nicolaus

Wyndham Hotels & Resorts (NYSE:WH) had its price objective decreased by Stifel Nicolaus from $121.00 to $102.75 in a research note published on Thursday morning,Benzinga reports. Stifel Nicolaus currently has a buy rating on the stock.

WH has been the topic of several other research reports. Truist Financial cut their price objective on Wyndham Hotels & Resorts from $122.00 to $119.00 and set a “buy” rating on the stock in a research report on Friday, March 21st. Robert W. Baird boosted their price target on shares of Wyndham Hotels & Resorts from $108.00 to $115.00 and gave the stock an “outperform” rating in a report on Tuesday, February 18th. Redburn Atlantic upgraded shares of Wyndham Hotels & Resorts from a “neutral” rating to a “buy” rating and set a $115.00 price objective for the company in a report on Monday, March 24th. Susquehanna boosted their target price on shares of Wyndham Hotels & Resorts from $80.00 to $110.00 and gave the company a “neutral” rating in a research note on Tuesday, February 25th. Finally, Barclays decreased their price target on shares of Wyndham Hotels & Resorts from $121.00 to $100.00 and set an “overweight” rating for the company in a research note on Tuesday, April 22nd. Two analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $109.81.

Wyndham Hotels & Resorts Stock Performance

Shares of WH stock opened at $84.93 on Thursday. The company has a debt-to-equity ratio of 3.72, a current ratio of 1.00 and a quick ratio of 1.00. The firm has a 50-day moving average of $89.97 and a 200-day moving average of $96.16. Wyndham Hotels & Resorts has a one year low of $67.67 and a one year high of $113.07. The company has a market cap of $6.58 billion, a P/E ratio of 23.40, a P/E/G ratio of 1.87 and a beta of 1.11.

Wyndham Hotels & Resorts (NYSE:WH) last posted its quarterly earnings data on Wednesday, April 30th. The company reported $0.86 EPS for the quarter, beating the consensus estimate 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 firm had revenue of $316.00 million during the quarter, compared to analyst estimates of $320.10 million. During the same quarter last year, the business posted $0.78 EPS. The company’s revenue for the quarter was up 3.6% on a year-over-year basis. Equities research analysts forecast that Wyndham Hotels & Resorts will post 4.79 EPS for the current fiscal year.

Wyndham Hotels & Resorts Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were paid a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 1.93%. This is a positive change from Wyndham Hotels & Resorts’s previous quarterly dividend of $0.38. The ex-dividend date of this dividend was Monday, March 17th. Wyndham Hotels & Resorts’s payout ratio is currently 45.18%.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

Institutional investors have recently made changes to their positions in the stock. Trust Co. of Vermont raised its stake in shares of Wyndham Hotels & Resorts by 434.8% during the 4th quarter. Trust Co. of Vermont now owns 246 shares of the company’s stock valued at $25,000 after purchasing an additional 200 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in shares of Wyndham Hotels & Resorts by 508.7% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 280 shares of the company’s stock valued at $28,000 after buying an additional 234 shares during the period. Smartleaf Asset Management LLC lifted its holdings in shares of Wyndham Hotels & Resorts by 46.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 343 shares of the company’s stock worth $35,000 after buying an additional 108 shares in the last quarter. UMB Bank n.a. lifted its holdings in shares of Wyndham Hotels & Resorts by 72.7% in the fourth quarter. UMB Bank n.a. now owns 399 shares of the company’s stock worth $40,000 after buying an additional 168 shares in the last quarter. Finally, Quarry LP bought a new position in shares of Wyndham Hotels & Resorts in the fourth quarter valued at approximately $41,000. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Company Profile

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.