Wyndham Hotels & Resorts (NYSE:WH) Hits New 52-Week High – What’s Next?

Wyndham Hotels & Resorts, Inc. (NYSE:WH) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $83.38 and last traded at $83.38, with a volume of 23137 shares traded. The stock had previously closed at $82.69.

Wall Street Analysts Forecast Growth

WH has been the topic of a number of research analyst reports. StockNews.com raised Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a report on Tuesday. Truist Financial dropped their price objective on shares of Wyndham Hotels & Resorts from $104.00 to $103.00 and set a “buy” rating for the company in a report on Monday, October 14th. Barclays lifted their target price on Wyndham Hotels & Resorts from $88.00 to $90.00 and gave the stock an “overweight” rating in a report on Friday, July 26th. Robert W. Baird set a $92.00 price target on Wyndham Hotels & Resorts in a report on Thursday, October 17th. Finally, The Goldman Sachs Group began coverage on Wyndham Hotels & Resorts in a report on Wednesday, September 18th. They set a “buy” rating and a $96.00 price objective on the stock. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, Wyndham Hotels & Resorts has a consensus rating of “Moderate Buy” and a consensus price target of $90.63.

Wyndham Hotels & Resorts Stock Down 2.3 %

The business has a fifty day moving average of $78.53 and a 200-day moving average of $74.71. The stock has a market cap of $6.57 billion, a PE ratio of 29.56, a price-to-earnings-growth ratio of 2.87 and a beta of 1.33. The company has a debt-to-equity ratio of 3.83, a current ratio of 0.90 and a quick ratio of 0.90.

Wyndham Hotels & Resorts (NYSE:WH) last posted its earnings results on Wednesday, July 24th. The company reported $1.13 EPS for the quarter, beating analysts’ consensus estimates of $1.03 by $0.10. Wyndham Hotels & Resorts had a net margin of 18.28% and a return on equity of 47.05%. The business had revenue of $367.00 million for the quarter, compared to the consensus estimate of $370.58 million. During the same quarter last year, the firm posted $0.93 EPS. The company’s revenue for the quarter was up 1.4% on a year-over-year basis. Equities research analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.26 earnings per share for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 13th were paid a $0.38 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $1.52 annualized dividend and a yield of 1.87%. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is presently 53.90%.

Insider Transactions at Wyndham Hotels & Resorts

In other news, CAO Nicola Rossi sold 7,297 shares of the firm’s stock in a transaction on Friday, July 26th. The stock was 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 $315,006.90. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other Wyndham Hotels & Resorts news, CAO Nicola Rossi sold 7,297 shares of the firm’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 transaction, 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Monica Melancon sold 5,040 shares of the business’s stock in a transaction 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 sale, the insider now directly owns 10,606 shares in the company, valued at $823,661.96. 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 a total of 12,640 shares of company stock valued at $974,351 in the last 90 days. Insiders own 2.79% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its stake in shares of Wyndham Hotels & Resorts by 7.5% in the 1st quarter. Vanguard Group Inc. now owns 8,311,078 shares of the company’s stock valued at $637,875,000 after purchasing an additional 581,909 shares during the period. Capital Research Global Investors raised its holdings in Wyndham Hotels & Resorts by 0.3% in the 1st quarter. Capital Research Global Investors now owns 7,192,076 shares of the company’s stock worth $551,992,000 after purchasing an additional 23,549 shares during the period. Boston Partners grew its holdings in Wyndham Hotels & Resorts by 15.4% in the first quarter. Boston Partners now owns 3,227,106 shares of the company’s stock valued at $247,646,000 after purchasing an additional 430,053 shares during the period. Burgundy Asset Management Ltd. grew its holdings in Wyndham Hotels & Resorts by 70.9% in the second quarter. Burgundy Asset Management Ltd. now owns 2,210,658 shares of the company’s stock valued at $163,589,000 after purchasing an additional 916,742 shares during the period. Finally, Thrivent Financial for Lutherans increased its position in shares of Wyndham Hotels & Resorts by 377.5% in the second quarter. Thrivent Financial for Lutherans now owns 1,240,702 shares of the company’s stock valued at $91,812,000 after buying an additional 980,848 shares in the last quarter. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Wyndham Hotels & Resorts Company Profile

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.