5,194 Shares in Choice Hotels International, Inc. (NYSE:CHH) Acquired by XTX Topco Ltd

XTX Topco Ltd bought a new position in shares of Choice Hotels International, Inc. (NYSE:CHH - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 5,194 shares of the company's stock, valued at approximately $737,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. CIBC Private Wealth Group LLC boosted its position in shares of 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 in the last quarter. Anchor Investment Management LLC bought a new stake in shares of Choice Hotels International in the 3rd quarter worth approximately $55,000. Tortoise Investment Management LLC boosted its position in shares of Choice Hotels International by 55.8% in the 4th quarter. Tortoise Investment Management LLC now owns 430 shares of the company's stock worth $61,000 after purchasing an additional 154 shares in the last quarter. Skandinaviska Enskilda Banken AB publ boosted its position in shares of Choice Hotels International by 836.2% in the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 440 shares of the company's stock worth $62,000 after purchasing an additional 393 shares in the last quarter. Finally, Harvest Fund Management Co. Ltd bought a new stake in shares of Choice Hotels International in the 4th quarter worth approximately $62,000. Hedge funds and other institutional investors own 65.57% of the company's stock.

Insider Activity

In other news, CFO Scott E. Oaksmith sold 1,780 shares of Choice Hotels International stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $144.40, for a total transaction of $257,032.00. Following the transaction, the chief financial officer now directly owns 32,014 shares of the company's stock, valued at $4,622,821.60. The trade was a 5.27 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Dominic Dragisich sold 3,500 shares of Choice Hotels International stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $148.30, for a total value of $519,050.00. Following 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 disclosure for this sale can be found here. Insiders own 24.02% of the company's stock.

Choice Hotels International Stock Up 3.2 %

NYSE:CHH traded up $3.94 on Wednesday, hitting $126.40. The stock had a trading volume of 119,450 shares, compared to its average volume of 404,325. The stock has a market cap of $5.91 billion, a price-to-earnings ratio of 20.29, a price-to-earnings-growth ratio of 1.90 and a beta of 1.08. The business's 50-day simple moving average is $134.03 and its two-hundred day simple moving average is $140.21. Choice Hotels International, Inc. has a 52-week low of $109.22 and a 52-week high of $157.86.

Choice Hotels International (NYSE:CHH - Get Free Report) last announced its earnings results on Thursday, February 20th. The company reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.45 by $0.10. The business had revenue of $389.77 million for the quarter, compared to analysts' expectations 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, equities research analysts anticipate that Choice Hotels International, Inc. will post 7.07 EPS for the current year.

Choice Hotels International Announces Dividend

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

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Wells Fargo & Company dropped their price target on Choice Hotels International from $138.00 to $137.00 and set an "underweight" rating on the stock in a research report on Tuesday, March 4th. The Goldman Sachs Group raised Choice Hotels International from a "sell" rating to a "buy" rating and dropped their price target for the stock from $141.00 to $138.00 in a research report on Monday, April 14th. Jefferies Financial Group lowered their price objective on Choice Hotels International from $154.00 to $133.00 and set a "hold" rating on the stock in a research report on Wednesday, April 9th. Redburn Atlantic raised Choice Hotels International from a "sell" rating to a "neutral" rating and set a $132.00 price objective on the stock in a research report on Monday, March 24th. Finally, Bank of America upped their price objective on Choice Hotels International from $160.00 to $165.00 and gave the company a "buy" rating in a research report on Monday, January 27th. Four research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $135.69.

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.