Brokerages Set Wyndham Hotels & Resorts, Inc. (NYSE:WH) Price Target at $108.10

Wyndham Hotels & Resorts, Inc. (NYSE:WH) has earned an average rating of “Moderate Buy” from the ten ratings firms that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $108.10.

WH has been the subject of a number of research reports. Robert W. Baird boosted their price objective on Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the company an “outperform” rating in a report on Friday, October 25th. Stifel Nicolaus boosted their price target on shares of Wyndham Hotels & Resorts from $92.00 to $107.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. The Goldman Sachs Group raised their price objective on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company a “buy” rating in a research note on Tuesday, December 10th. Wells Fargo & Company raised shares of Wyndham Hotels & Resorts from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $103.00 to $114.00 in a research note on Friday, January 10th. Finally, StockNews.com raised shares of Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research report on Friday, November 1st.

Insiders Place Their Bets

In related news, insider Scott R. Strickland sold 2,850 shares of the stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $88.14, for a total value of $251,199.00. Following the transaction, the insider now directly owns 26,062 shares of the company’s stock, valued at $2,297,104.68. This trade represents a 9.86 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 2.79% of the stock is owned by company insiders.

Hedge Funds Weigh In On Wyndham Hotels & Resorts

Large investors have recently bought and sold shares of the stock. Sargent Investment Group LLC acquired a new stake in shares of Wyndham Hotels & Resorts in the fourth quarter valued at approximately $204,000. Trust Point Inc. purchased a new stake in Wyndham Hotels & Resorts in the 4th quarter valued at $673,000. Copeland Capital Management LLC boosted its stake in Wyndham Hotels & Resorts by 2.5% during the 4th quarter. Copeland Capital Management LLC now owns 419,494 shares of the company’s stock worth $42,281,000 after purchasing an additional 10,170 shares during the period. KBC Group NV grew its position in Wyndham Hotels & Resorts by 16.6% during the 4th quarter. KBC Group NV now owns 6,990 shares of the company’s stock worth $705,000 after purchasing an additional 994 shares during the last quarter. Finally, Blue Trust Inc. increased its stake in Wyndham Hotels & Resorts by 62.3% in the fourth quarter. Blue Trust Inc. now owns 1,086 shares of the company’s stock valued at $109,000 after purchasing an additional 417 shares during the period. Institutional investors and hedge funds own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Stock Down 0.4 %

Wyndham Hotels & Resorts stock opened at $104.45 on Tuesday. The company has a debt-to-equity ratio of 4.19, a quick ratio of 0.97 and a current ratio of 0.97. The firm has a 50 day moving average price of $100.88 and a 200 day moving average price of $87.59. Wyndham Hotels & Resorts has a fifty-two week low of $67.67 and a fifty-two week high of $106.16. The company has a market capitalization of $8.13 billion, a PE ratio of 33.16, a price-to-earnings-growth ratio of 2.22 and a beta of 1.30.

Wyndham Hotels & Resorts Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Friday, December 13th were paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 1.46%. The ex-dividend date of this dividend was Friday, December 13th. Wyndham Hotels & Resorts’s dividend payout ratio is presently 48.25%.

About Wyndham Hotels & Resorts

Wyndham Hotels & Resorts, Inc engages in the franchise and operation of hotels under the Wyndham brand. It operates through the following segments: Hotel Franchising, Hotel Management, and Corporate and Other. The Hotel Franchising segment focuses on licensing the company’s lodging brands and providing related services to third-party hotel owners and others.