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

Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) hit a new 52-week high during trading on Tuesday . The stock traded as high as $105.22 and last traded at $105.04, with a volume of 77143 shares changing hands. The stock had previously closed at $103.25.

Wall Street Analyst Weigh In

WH has been the subject of several recent research reports. Wells Fargo & Company raised shares of Wyndham Hotels & Resorts from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $103.00 to $114.00 in a research report on Friday, January 10th. Stifel Nicolaus raised their price target on shares of Wyndham Hotels & Resorts from $92.00 to $107.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. Barclays raised their price target on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the company an “overweight” rating in a research report on Friday, December 13th. The Goldman Sachs Group lifted their price objective on shares of Wyndham Hotels & Resorts from $100.00 to $115.00 and gave the stock a “buy” rating in a research report on Tuesday, December 10th. Finally, Oppenheimer lifted their price objective on shares of Wyndham Hotels & Resorts from $90.00 to $115.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 12th. Two research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $108.10.

Wyndham Hotels & Resorts Price Performance

The company’s 50 day moving average is $100.54 and its 200 day moving average is $86.94. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 4.19. The stock has a market capitalization of $8.20 billion, a price-to-earnings ratio of 33.48, a price-to-earnings-growth ratio of 2.21 and a beta of 1.30.

Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings results on Wednesday, October 23rd. The company reported $1.39 EPS for the quarter, topping the consensus estimate of $1.38 by $0.01. The firm had revenue of $396.00 million for the quarter, compared to analyst estimates of $408.32 million. Wyndham Hotels & Resorts had a net margin of 18.29% and a return on equity of 51.79%. Wyndham Hotels & Resorts’s revenue for the quarter was down 1.5% compared to the same quarter last year. During the same period last year, the business earned $1.31 EPS. Research analysts anticipate that Wyndham Hotels & Resorts, Inc. will post 4.29 EPS for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Friday, December 13th were paid a $0.38 dividend. The ex-dividend date was Friday, December 13th. This represents a $1.52 dividend on an annualized basis and a yield of 1.44%. Wyndham Hotels & Resorts’s dividend payout ratio is presently 48.25%.

Insider Buying and Selling at Wyndham Hotels & Resorts

In other news, Director Stephen P. Holmes sold 80,000 shares of the business’s stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $91.01, for a total transaction of $7,280,800.00. Following the transaction, the director now directly owns 366,371 shares in the company, valued at $33,343,424.71. The trade was a 17.92 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Scott R. Strickland sold 2,850 shares of the business’s stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $88.14, for a total transaction of $251,199.00. Following the transaction, the insider now owns 26,062 shares in the company, valued at approximately $2,297,104.68. This trade represents a 9.86 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 97,850 shares of company stock worth $8,881,849. 2.79% of the stock is owned by company insiders.

Institutional Trading of Wyndham Hotels & Resorts

A number of institutional investors have recently added to or reduced their stakes in the stock. KBC Group NV lifted its holdings in shares of Wyndham Hotels & Resorts by 16.6% in the fourth quarter. KBC Group NV now owns 6,990 shares of the company’s stock valued at $705,000 after purchasing an additional 994 shares in the last quarter. Blue Trust Inc. lifted its holdings in shares of 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 in the last quarter. Tributary Capital Management LLC lifted its holdings in shares of Wyndham Hotels & Resorts by 46.6% in the fourth quarter. Tributary Capital Management LLC now owns 10,336 shares of the company’s stock valued at $1,042,000 after purchasing an additional 3,284 shares in the last quarter. MassMutual Private Wealth & Trust FSB lifted its holdings in shares of Wyndham Hotels & Resorts by 372.5% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 671 shares of the company’s stock valued at $68,000 after purchasing an additional 529 shares in the last quarter. Finally, 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 valued at $40,000 after purchasing an additional 168 shares in the last quarter. 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 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.