Wall Street Zen Downgrades Wyndham Hotels & Resorts (NYSE:WH) to Sell

Wyndham Hotels & Resorts (NYSE:WH) was downgraded by Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Saturday.

A number of other research firms also recently issued reports on WH. Truist Financial lifted their price target on shares of Wyndham Hotels & Resorts from $98.00 to $99.00 and gave the company a “buy” rating in a research report on Tuesday. Stifel Nicolaus reduced their price objective on Wyndham Hotels & Resorts from $95.50 to $93.00 and set a “buy” rating for the company in a report on Wednesday, January 28th. The Goldman Sachs Group reiterated a “neutral” rating and set a $76.00 target price (down from $88.00) on shares of Wyndham Hotels & Resorts in a research report on Monday, December 15th. Wells Fargo & Company started coverage on Wyndham Hotels & Resorts in a research report on Tuesday, November 18th. They issued an “equal weight” rating and a $82.00 price target for the company. Finally, Mizuho set a $97.00 price target on Wyndham Hotels & Resorts and gave the stock an “outperform” rating in a research note on Tuesday, January 13th. Nine research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Wyndham Hotels & Resorts has an average rating of “Moderate Buy” and a consensus target price of $92.83.

Wyndham Hotels & Resorts Stock Performance

NYSE:WH opened at $77.32 on Friday. The firm’s fifty day simple moving average is $76.47 and its 200-day simple moving average is $79.47. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 4.43. The stock has a market cap of $5.84 billion, a PE ratio of 17.77, a price-to-earnings-growth ratio of 2.09 and a beta of 0.76. Wyndham Hotels & Resorts has a fifty-two week low of $69.21 and a fifty-two week high of $113.07.

Insiders Place Their Bets

In related news, General Counsel Paul F. Cash sold 36,379 shares of the firm’s stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $71.66, for a total transaction of $2,606,919.14. Following the sale, the general counsel owned 39,123 shares in the company, valued at approximately $2,803,554.18. This trade represents a 48.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Geoffrey A. Ballotti sold 55,124 shares of Wyndham Hotels & Resorts stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $79.27, for a total value of $4,369,679.48. Following the completion of the sale, the chief executive officer directly owned 490,028 shares of the company’s stock, valued at approximately $38,844,519.56. This represents a 10.11% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 120,606 shares of company stock valued at $9,047,218 in the last ninety days. Insiders own 2.46% of the company’s stock.

Hedge Funds Weigh In On Wyndham Hotels & Resorts

Institutional investors and hedge funds have recently bought and sold shares of the stock. Compass Wealth Management LLC acquired a new position in shares of Wyndham Hotels & Resorts in the 3rd quarter worth approximately $18,137,000. Savoir Faire Capital Management L.P. lifted its stake in Wyndham Hotels & Resorts by 89.9% during the third quarter. Savoir Faire Capital Management L.P. now owns 69,885 shares of the company’s stock worth $5,584,000 after purchasing an additional 33,081 shares during the last quarter. Thrivent Financial for Lutherans boosted its holdings in 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 during the period. Mutual of America Capital Management LLC increased its stake in Wyndham Hotels & Resorts by 11.8% during the third quarter. Mutual of America Capital Management LLC now owns 187,871 shares of the company’s stock valued at $15,011,000 after purchasing an additional 19,762 shares during the last quarter. Finally, Modera Wealth Management LLC bought a new stake in Wyndham Hotels & Resorts during the second quarter valued at $347,000. Institutional investors and hedge funds own 93.46% of the company’s stock.

Wyndham Hotels & Resorts Company Profile

Wyndham Hotels & Resorts, Inc (NYSE: WH) is a leading global hospitality company specializing in hotel franchising and management. Established in 2018 through the spin-off of Wyndham Hotel Group from Wyndham Worldwide, the company focuses on the development, marketing and distribution of hotel brands designed to meet the needs of business and leisure travelers. Its core business model centers on franchising agreements, enabling third-party hotel owners to operate under the Wyndham portfolio while accessing the company’s centralized services and support.

The company’s brand portfolio spans economy, midscale and upper-midscale segments, featuring well-known names such as Wyndham, Ramada, Days Inn, Super 8, Microtel Inn & Suites, and La Quinta by Wyndham.