3,041 Shares in Choice Hotels International, Inc. (NYSE:CHH) Bought by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd acquired a new stake in Choice Hotels International, Inc. (NYSE:CHH - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 3,041 shares of the company's stock, valued at approximately $432,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Sanctuary Advisors LLC boosted its stake in shares of Choice Hotels International by 33.4% during the third quarter. Sanctuary Advisors LLC now owns 16,834 shares of the company's stock valued at $2,193,000 after purchasing an additional 4,219 shares in the last quarter. TD Private Client Wealth LLC lifted its holdings in shares of Choice Hotels International by 30.1% during the third quarter. TD Private Client Wealth LLC now owns 14,889 shares of the company's stock worth $1,940,000 after purchasing an additional 3,446 shares during the period. Charles Schwab Investment Management Inc. grew its stake in shares of Choice Hotels International by 1.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 279,149 shares of the company's stock worth $39,634,000 after purchasing an additional 2,725 shares during the last quarter. Twelve Points Wealth Management LLC bought a new position in Choice Hotels International during the 4th quarter worth $879,000. Finally, OFI Invest Asset Management acquired a new stake in shares of Choice Hotels International in the fourth quarter valued at about $2,258,000. Institutional investors own 65.57% of the company's stock.

Analyst Ratings Changes

Several research firms have recently commented on CHH. Redburn Atlantic upgraded Choice Hotels International from a "sell" rating to a "neutral" rating and set a $132.00 price objective for the company in a report on Monday, March 24th. Susquehanna raised their price target on shares of Choice Hotels International from $130.00 to $155.00 and gave the company a "neutral" rating in a research report on Tuesday, February 25th. Morgan Stanley raised their target price on Choice Hotels International from $131.00 to $139.00 and gave the company an "underweight" rating in a report on Tuesday, March 4th. The Goldman Sachs Group upgraded shares of Choice Hotels International from a "sell" rating to a "buy" rating and lowered their target price for the company from $141.00 to $138.00 in a report on Monday. Finally, Robert W. Baird raised their target price on Choice Hotels International from $145.00 to $160.00 and gave the company an "outperform" rating in a research report on Tuesday, February 25th. Four investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $139.15.

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Choice Hotels International Stock Up 1.7 %

NYSE:CHH traded up $2.07 during midday trading on Monday, hitting $126.94. The company had a trading volume of 70,798 shares, compared to its average volume of 406,859. The stock's fifty day moving average price is $137.95 and its 200-day moving average price is $140.62. Choice Hotels International, Inc. has a 52-week low of $109.22 and a 52-week high of $157.86. The company has a market capitalization of $5.93 billion, a PE ratio of 20.38, a P/E/G ratio of 1.90 and a beta of 1.08.

Choice Hotels International (NYSE:CHH - Get Free Report) last released its earnings results on Thursday, February 20th. The company reported $1.55 earnings per share for the quarter, topping analysts' consensus estimates of $1.45 by $0.10. The company had revenue of $389.77 million during the quarter, compared to the consensus estimate of $374.24 million. Choice Hotels International had a negative return on equity of 472.31% and a net margin of 18.91%. As a group, research analysts forecast that Choice Hotels International, Inc. will post 7.07 earnings per share for the current year.

Choice Hotels International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 16th. Investors of record on Tuesday, April 1st will be given a dividend of $0.2875 per share. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $1.15 annualized dividend and a yield of 0.91%. Choice Hotels International's payout ratio is 18.46%.

Insider Buying and Selling at Choice Hotels International

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

About Choice Hotels International

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.