Choice Hotels International, Inc. (NYSE:CHH) Shares Bought by Boston Trust Walden Corp

Boston Trust Walden Corp grew its holdings in shares of Choice Hotels International, Inc. (NYSE:CHH) by 1.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 949,586 shares of the company’s stock after buying an additional 9,490 shares during the period. Choice Hotels International accounts for about 0.9% of Boston Trust Walden Corp’s investment portfolio, making the stock its 18th biggest holding. Boston Trust Walden Corp owned 2.02% of Choice Hotels International worth $134,822,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Bank of Montreal Can raised its stake in Choice Hotels International by 5.9% during the 2nd quarter. Bank of Montreal Can now owns 6,586 shares of the company’s stock valued at $791,000 after acquiring an additional 365 shares in the last quarter. Algert Global LLC bought a new stake in shares of Choice Hotels International during the second quarter valued at about $387,000. Sanctuary Advisors LLC bought a new stake in shares of Choice Hotels International during the second quarter valued at about $1,502,000. Handelsbanken Fonder AB grew its position in Choice Hotels International by 47.3% in the 3rd quarter. Handelsbanken Fonder AB now owns 9,651 shares of the company’s stock valued at $1,258,000 after buying an additional 3,100 shares in the last quarter. Finally, Everpar Advisors LLC grew its position in Choice Hotels International by 29.0% in the 3rd quarter. Everpar Advisors LLC now owns 2,751 shares of the company’s stock valued at $358,000 after buying an additional 618 shares in the last quarter. 65.57% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CHH has been the subject of several research analyst reports. Robert W. Baird upped their price objective on Choice Hotels International from $138.00 to $145.00 and gave the company an “outperform” rating in a report on Wednesday, November 6th. Morgan Stanley reissued an “underweight” rating and issued a $129.00 price target (down from $145.00) on shares of Choice Hotels International in a report on Tuesday, January 14th. The Goldman Sachs Group lifted their price objective on shares of Choice Hotels International from $118.00 to $138.00 and gave the stock a “sell” rating in a research note on Tuesday, December 10th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Choice Hotels International from $113.00 to $114.00 and gave the company a “hold” rating in a research note on Tuesday, November 5th. Finally, Bank of America lifted their price target on shares of Choice Hotels International from $160.00 to $165.00 and gave the stock a “buy” rating in a research report on Monday, January 27th. Five research analysts have rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $135.92.

Choice Hotels International Stock Down 0.3 %

CHH stock opened at $147.19 on Monday. The company has a market capitalization of $6.90 billion, a price-to-earnings ratio of 28.20, a P/E/G ratio of 1.84 and a beta of 1.23. The firm has a 50 day moving average of $144.66 and a two-hundred day moving average of $136.10. Choice Hotels International, Inc. has a 12 month low of $108.91 and a 12 month high of $153.81.

Choice Hotels International (NYSE:CHH) last posted its earnings results on Monday, November 4th. The company reported $2.23 EPS for the quarter, topping the consensus estimate of $1.92 by $0.31. Choice Hotels International had a net margin of 16.27% and a negative return on equity of 659.01%. The firm had revenue of $428.00 million for the quarter, compared to the consensus estimate of $432.62 million. During the same period in the prior year, the business posted $1.82 earnings per share. The business’s quarterly revenue was up .6% on a year-over-year basis. On average, research analysts expect that Choice Hotels International, Inc. will post 6.84 EPS for the current fiscal year.

Choice Hotels International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 16th. Stockholders of record on Thursday, January 2nd were issued a dividend of $0.2875 per share. This represents a $1.15 dividend on an annualized basis and a dividend yield of 0.78%. The ex-dividend date of this dividend was Thursday, January 2nd. Choice Hotels International’s dividend payout ratio is 22.03%.

Insider Activity at Choice Hotels International

In other Choice Hotels International news, CEO Patrick Pacious sold 7,192 shares of the company’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $144.95, for a total transaction of $1,042,480.40. Following the completion of the sale, the chief executive officer now directly owns 404,666 shares in the company, valued at $58,656,336.70. This represents a 1.75 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 24.02% of the stock is owned by company insiders.

Choice Hotels International Profile

Choice Hotels International, Inc, together with its subsidiaries, operates as a hotel franchisor in the United States and internationally. It operates through Hotel Franchising & Management and Corporate & Other segments. The company franchises lodging properties under the brand names of Comfort Inn, Comfort Suites, Quality, Clarion, Clarion Pointe, Sleep Inn, Ascend Hotel Collection, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Studios, WoodSpring Suites, Everhome Suites, Cambria Hotels, Radisson Blu, Radisson RED, Radisson, Park Plaza, Country Inn & Suites by Radisson, Radisson Inn & Suites, Park Inn by Radisson, Radisson Individuals, and Radisson Collection.