Research analysts at Bank of America began coverage on shares of Wyndham Hotels & Resorts (NYSE:WH) in a research report issued to clients and investors on Wednesday, The Fly reports. The brokerage set a “buy” rating on the stock.

A number of other research firms also recently weighed in on WH. Zacks Investment Research raised shares of Wyndham Hotels & Resorts from a “hold” rating to a “buy” rating and set a $60.00 target price for the company in a research report on Saturday, April 27th. Oppenheimer set a $69.00 price objective on shares of Wyndham Hotels & Resorts and gave the stock a “buy” rating in a report on Thursday, February 14th. Finally, Jefferies Financial Group set a $72.00 price objective on shares of Wyndham Hotels & Resorts and gave the stock a “buy” rating in a report on Tuesday, March 5th. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $68.50.

Wyndham Hotels & Resorts stock opened at $56.13 on Wednesday. Wyndham Hotels & Resorts has a twelve month low of $43.03 and a twelve month high of $63.95. The company has a market cap of $5.48 billion and a PE ratio of 20.71. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 1.55.

Wyndham Hotels & Resorts (NYSE:WH) last released its earnings results on Tuesday, April 30th. The company reported $0.52 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.46 by $0.06. Wyndham Hotels & Resorts had a net margin of 7.03% and a return on equity of 18.80%. The firm had revenue of $468.00 million during the quarter, compared to the consensus estimate of $448.71 million. During the same period in the prior year, the firm earned $0.55 EPS. The company’s revenue was up 55.0% compared to the same quarter last year. On average, equities analysts expect that Wyndham Hotels & Resorts will post 3.18 EPS for the current fiscal year.

In other Wyndham Hotels & Resorts news, Director Pauline Richards sold 10,000 shares of the firm’s stock in a transaction on Friday, May 17th. The shares were sold at an average price of $55.72, for a total value of $557,200.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Nicola Rossi sold 2,000 shares of the firm’s stock in a transaction on Tuesday, April 30th. The shares were sold at an average price of $56.20, for a total transaction of $112,400.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 94,975 shares of company stock valued at $5,323,927. 1.90% of the stock is owned by insiders.

A number of large investors have recently made changes to their positions in the business. BlackRock Inc. boosted its holdings in Wyndham Hotels & Resorts by 2.6% in the 4th quarter. BlackRock Inc. now owns 9,125,815 shares of the company’s stock valued at $414,039,000 after purchasing an additional 233,290 shares during the period. Boston Partners boosted its holdings in Wyndham Hotels & Resorts by 2.9% in the 1st quarter. Boston Partners now owns 5,715,052 shares of the company’s stock valued at $285,695,000 after purchasing an additional 163,327 shares during the period. JPMorgan Chase & Co. boosted its holdings in Wyndham Hotels & Resorts by 3.1% in the 1st quarter. JPMorgan Chase & Co. now owns 2,296,377 shares of the company’s stock valued at $114,794,000 after purchasing an additional 68,061 shares during the period. Jackson Square Partners LLC boosted its holdings in Wyndham Hotels & Resorts by 7.2% in the 1st quarter. Jackson Square Partners LLC now owns 2,066,437 shares of the company’s stock valued at $103,301,000 after purchasing an additional 139,472 shares during the period. Finally, Oregon Public Employees Retirement Fund boosted its holdings in Wyndham Hotels & Resorts by 4,437.0% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 1,794,202 shares of the company’s stock valued at $40,000 after purchasing an additional 1,754,656 shares during the period. 91.43% of the stock is owned by hedge funds and other institutional investors.

Wyndham Hotels & Resorts Company Profile

Wyndham Hotels & Resorts, Inc operates as a hotel franchisor worldwide. The company licenses its hotel brands, including Super 8, Days Inn, Ramada, Microtel Inn & Suites, La Quinta, Wingate, AmericInn, Hawthorn Suites, The Trademark Collection, and Wyndham to hotel owners in approximately 80 countries.

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The Fly

Analyst Recommendations for Wyndham Hotels & Resorts (NYSE:WH)

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