Wyndham Hotels & Resorts (NYSE:WH) Upgraded by Wells Fargo & Company to Hold Rating

Wyndham Hotels & Resorts (NYSE:WH) was upgraded by Wells Fargo & Company to a “hold” rating in a research note issued to investors on Monday,Zacks.com reports.

A number of other equities analysts also recently issued reports on WH. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Wyndham Hotels & Resorts in a report on Wednesday, October 8th. Barclays dropped their price target on shares of Wyndham Hotels & Resorts from $99.00 to $95.00 and set an “overweight” rating on the stock in a research report on Friday, October 24th. Truist Financial set a $98.00 price objective on shares of Wyndham Hotels & Resorts in a research report on Friday, October 24th. Stifel Nicolaus decreased their price objective on shares of Wyndham Hotels & Resorts from $103.50 to $95.50 and set a “buy” rating for the company in a research note on Thursday, October 23rd. Finally, Robert W. Baird cut their target price on Wyndham Hotels & Resorts from $93.00 to $89.00 and set an “outperform” rating on the stock in a research note on Tuesday, October 28th. Nine research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $96.77.

Wyndham Hotels & Resorts Stock Performance

Shares of WH opened at $70.68 on Monday. The firm has a market capitalization of $5.34 billion, a P/E ratio of 16.25, a P/E/G ratio of 1.87 and a beta of 0.89. Wyndham Hotels & Resorts has a 52 week low of $69.64 and a 52 week high of $113.07. The stock has a 50 day moving average price of $77.77 and a two-hundred day moving average price of $82.67. The company has a debt-to-equity ratio of 4.43, a quick ratio of 1.16 and a current ratio of 1.16.

Wyndham Hotels & Resorts (NYSE:WH) last posted its earnings results on Wednesday, October 22nd. The company reported $1.46 earnings per share for the quarter, beating analysts’ consensus estimates of $1.42 by $0.04. Wyndham Hotels & Resorts had a return on equity of 61.12% and a net margin of 23.54%.The company had revenue of $764.00 million for the quarter, compared to analyst estimates of $406.29 million. During the same quarter last year, the company earned $1.39 earnings per share. The company’s revenue for the quarter was down 3.5% on a year-over-year basis. Wyndham Hotels & Resorts has set its FY 2025 guidance at 4.480-4.62 EPS. Equities analysts forecast that Wyndham Hotels & Resorts will post 4.79 earnings per share for the current fiscal year.

Insider Activity at Wyndham Hotels & Resorts

In related news, General Counsel Paul F. Cash sold 36,379 shares of Wyndham Hotels & Resorts stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $71.66, for a total value of $2,606,919.14. Following the sale, the general counsel owned 39,123 shares of the company’s stock, valued at approximately $2,803,554.18. The trade was a 48.18% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 2.46% of the company’s stock.

Institutional Trading of Wyndham Hotels & Resorts

A number of large investors have recently bought and sold shares of the company. Boston Partners lifted its position in shares of Wyndham Hotels & Resorts by 9.1% during the 2nd quarter. Boston Partners now owns 3,130,373 shares of the company’s stock valued at $254,449,000 after buying an additional 261,530 shares during the last quarter. Burgundy Asset Management Ltd. raised its stake in Wyndham Hotels & Resorts by 4.1% in the 2nd quarter. Burgundy Asset Management Ltd. now owns 2,465,968 shares of the company’s stock valued at $200,261,000 after acquiring an additional 96,507 shares during the period. Champlain Investment Partners LLC lifted its holdings in Wyndham Hotels & Resorts by 352.8% during the third quarter. Champlain Investment Partners LLC now owns 2,212,717 shares of the company’s stock valued at $176,796,000 after purchasing an additional 1,724,091 shares during the last quarter. Capital International Investors boosted its position in Wyndham Hotels & Resorts by 77.1% during the third quarter. Capital International Investors now owns 1,755,465 shares of the company’s stock worth $140,262,000 after purchasing an additional 764,312 shares during the period. Finally, Thrivent Financial for Lutherans increased its stake in shares of Wyndham Hotels & Resorts by 9.3% in the third quarter. Thrivent Financial for Lutherans now owns 1,657,402 shares of the company’s stock worth $132,427,000 after purchasing an additional 140,978 shares in the last quarter. 93.46% of the stock is owned by hedge funds and other institutional investors.

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.