Choice Hotels International, Inc. (NYSE:CHH) Receives $139.15 Average Price Target from Analysts

Choice Hotels International, Inc. (NYSE:CHH) has earned a consensus rating of “Reduce” from the thirteen brokerages that are presently covering the firm, MarketBeat.com reports. Four equities research analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $139.15.

A number of analysts recently commented on the stock. Robert W. Baird upped their price target on shares of Choice Hotels International from $145.00 to $160.00 and gave the company an “outperform” rating in a research note on Tuesday, February 25th. Wells Fargo & Company cut their price target on Choice Hotels International from $138.00 to $137.00 and set an “underweight” rating for the company in a report on Tuesday, March 4th. Susquehanna boosted their price objective on Choice Hotels International from $130.00 to $155.00 and gave the company a “neutral” rating in a research note on Tuesday, February 25th. StockNews.com downgraded Choice Hotels International from a “buy” rating to a “hold” rating in a research note on Saturday, March 15th. Finally, Jefferies Financial Group reduced their target price on Choice Hotels International from $154.00 to $133.00 and set a “hold” rating for the company in a report on Wednesday, April 9th.

Insider Transactions at Choice Hotels International

In related news, EVP Dominic Dragisich sold 3,500 shares of the company’s stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $148.30, for a total value of $519,050.00. Following the completion of the transaction, the executive vice president now directly owns 68,913 shares in the company, valued at approximately $10,219,797.90. The trade was a 4.83 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Scott E. Oaksmith sold 1,780 shares of the firm’s stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $144.40, for a total value of $257,032.00. Following the sale, the chief financial officer now owns 32,014 shares in the company, valued at $4,622,821.60. The trade was a 5.27 % decrease in their position. The disclosure for this sale can be found here. Insiders own 24.02% of the company’s stock.

Institutional Trading of Choice Hotels International

Several hedge funds and other institutional investors have recently bought and sold shares of CHH. UMB Bank n.a. raised its stake in shares of Choice Hotels International by 66.2% during the first quarter. UMB Bank n.a. now owns 256 shares of the company’s stock worth $34,000 after acquiring an additional 102 shares in the last quarter. CIBC Private Wealth Group LLC raised its position in Choice Hotels International by 30.3% in the 4th quarter. CIBC Private Wealth Group LLC now owns 370 shares of the company’s stock worth $52,000 after purchasing an additional 86 shares during the period. Anchor Investment Management LLC bought a new stake in Choice Hotels International in the third quarter worth $55,000. Tortoise Investment Management LLC boosted its position in Choice Hotels International by 55.8% during the fourth quarter. Tortoise Investment Management LLC now owns 430 shares of the company’s stock valued at $61,000 after buying an additional 154 shares during the period. Finally, Skandinaviska Enskilda Banken AB publ grew its stake in shares of Choice Hotels International by 836.2% during the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 440 shares of the company’s stock valued at $62,000 after buying an additional 393 shares during the last quarter. Hedge funds and other institutional investors own 65.57% of the company’s stock.

Choice Hotels International Trading Up 0.4 %

Shares of NYSE CHH opened at $123.96 on Friday. The stock has a fifty day simple moving average of $135.15 and a two-hundred day simple moving average of $140.28. Choice Hotels International has a 1-year low of $109.22 and a 1-year high of $157.86. The firm has a market cap of $5.79 billion, a price-to-earnings ratio of 19.90, a price-to-earnings-growth ratio of 1.90 and a beta of 1.08.

Choice Hotels International (NYSE:CHH) last announced its quarterly earnings data on Thursday, February 20th. The company reported $1.55 earnings per share for the quarter, topping the consensus estimate of $1.45 by $0.10. The company had revenue of $389.77 million during the quarter, compared to analyst estimates of $374.24 million. Choice Hotels International had a negative return on equity of 472.31% and a net margin of 18.91%. Analysts forecast that Choice Hotels International will post 7.07 EPS for the current year.

Choice Hotels International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 16th. Shareholders of record on Tuesday, April 1st were given a dividend of $0.2875 per share. The ex-dividend date was Tuesday, April 1st. This represents a $1.15 annualized dividend and a yield of 0.93%. Choice Hotels International’s payout ratio is presently 18.46%.

Choice Hotels International Company 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.