Wyndham Hotels & Resorts (NYSE:WH) Given New $93.00 Price Target at Morgan Stanley

Wyndham Hotels & Resorts (NYSE:WH) had its price target boosted by Morgan Stanley from $89.00 to $93.00 in a report released on Friday,Benzinga reports. The brokerage currently has an overweight rating on the stock.

A number of other brokerages have also recently weighed in on WH. Stifel Nicolaus set a $98.00 target price on shares of Wyndham Hotels & Resorts in a report on Thursday, April 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of Wyndham Hotels & Resorts in a report on Wednesday, July 8th. Wall Street Zen upgraded Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a report on Saturday, April 25th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $105.00 price objective on shares of Wyndham Hotels & Resorts in a research report on Friday, May 1st. Finally, Wells Fargo & Company upped their price target on Wyndham Hotels & Resorts from $96.00 to $98.00 and gave the stock an “equal weight” rating in a research note on Thursday. Eight investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, Wyndham Hotels & Resorts has an average rating of “Moderate Buy” and an average price target of $98.09.

Wyndham Hotels & Resorts Trading Down 3.0%

WH opened at $76.64 on Friday. The firm’s fifty day moving average price is $81.09 and its 200 day moving average price is $80.43. The stock has a market capitalization of $5.74 billion, a PE ratio of 30.78, a P/E/G ratio of 2.13 and a beta of 0.62. Wyndham Hotels & Resorts has a 12-month low of $69.21 and a 12-month high of $92.68. The company has a debt-to-equity ratio of 5.88, a current ratio of 0.98 and a quick ratio of 0.98.

Wyndham Hotels & Resorts (NYSE:WH) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.11. Wyndham Hotels & Resorts had a return on equity of 69.44% and a net margin of 13.40%.The firm had revenue of $327.00 million for the quarter, compared to analysts’ expectations of $321.97 million. During the same quarter in the prior year, the firm posted $0.86 earnings per share. Wyndham Hotels & Resorts’s revenue for the quarter was up 3.5% compared to the same quarter last year. Wyndham Hotels & Resorts has set its FY 2026 guidance at 4.620-4.800 EPS. As a group, research analysts expect that Wyndham Hotels & Resorts will post 4.83 EPS for the current fiscal year.

Wyndham Hotels & Resorts Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were issued a dividend of $0.43 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.2%. Wyndham Hotels & Resorts’s payout ratio is 69.08%.

Insider Transactions at Wyndham Hotels & Resorts

In related news, CEO Geoffrey A. Ballotti sold 18,516 shares of the stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $80.79, for a total value of $1,495,907.64. Following the completion of the transaction, the chief executive officer owned 548,308 shares of the company’s stock, valued at $44,297,803.32. This represents a 3.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.33% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Wyndham Hotels & Resorts

Several large investors have recently modified their holdings of the business. EverSource Wealth Advisors LLC raised its stake in Wyndham Hotels & Resorts by 73.5% during the second quarter. EverSource Wealth Advisors LLC now owns 314 shares of the company’s stock worth $25,000 after buying an additional 133 shares during the last quarter. Los Angeles Capital Management LLC bought a new position in Wyndham Hotels & Resorts in the 4th quarter valued at $27,000. Geneos Wealth Management Inc. grew its position in shares of Wyndham Hotels & Resorts by 49.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 376 shares of the company’s stock valued at $34,000 after acquiring an additional 124 shares during the period. Caitong International Asset Management Co. Ltd grew its stake in shares of Wyndham Hotels & Resorts by 3,478.9% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 680 shares of the company’s stock worth $54,000 after acquiring an additional 661 shares during the period. Finally, Clearstead Advisors LLC boosted its holdings in Wyndham Hotels & Resorts by 205.5% in the 4th quarter. Clearstead Advisors LLC now owns 727 shares of the company’s stock worth $55,000 after buying an additional 489 shares during the period. Institutional investors own 93.46% of the company’s stock.

About Wyndham Hotels & Resorts

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.