Advisor OS LLC Trims Position in Choice Hotels International, Inc. (NYSE:CHH)

Advisor OS LLC reduced its position in shares of Choice Hotels International, Inc. (NYSE:CHH - Free Report) by 46.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,379 shares of the company's stock after selling 2,060 shares during the period. Advisor OS LLC's holdings in Choice Hotels International were worth $338,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Erste Asset Management GmbH purchased a new stake in Choice Hotels International in the third quarter valued at approximately $19,545,000. JPMorgan Chase & Co. increased its holdings in shares of Choice Hotels International by 38.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 402,293 shares of the company's stock worth $52,419,000 after buying an additional 111,903 shares during the last quarter. Stifel Financial Corp raised its position in shares of Choice Hotels International by 31.4% during the 3rd quarter. Stifel Financial Corp now owns 143,783 shares of the company's stock valued at $18,735,000 after buying an additional 34,396 shares in the last quarter. Oddo BHF Asset Management Sas bought a new stake in shares of Choice Hotels International during the 3rd quarter worth $2,691,000. Finally, KBC Group NV grew its position in Choice Hotels International by 3,087.2% in the fourth quarter. KBC Group NV now owns 21,195 shares of the company's stock worth $3,009,000 after acquiring an additional 20,530 shares in the last quarter. Institutional investors own 65.57% of the company's stock.

Choice Hotels International Stock Up 0.4 %

Shares of CHH traded up $0.64 during trading hours on Monday, reaching $143.93. 398,383 shares of the company traded hands, compared to its average volume of 433,972. Choice Hotels International, Inc. has a 12 month low of $108.91 and a 12 month high of $157.86. The company has a market capitalization of $6.73 billion, a price-to-earnings ratio of 23.10, a price-to-earnings-growth ratio of 1.90 and a beta of 1.23. The company's fifty day moving average price is $145.45 and its two-hundred day moving average price is $139.49.

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Choice Hotels International (NYSE:CHH - Get Free Report) last posted 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 firm had revenue of $389.77 million for 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%. On average, analysts expect that Choice Hotels International, Inc. will post 7.07 EPS for the current year.

Choice Hotels International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 16th. Stockholders of record on Tuesday, April 1st will be issued a dividend of $0.2875 per share. This represents a $1.15 dividend on an annualized basis and a dividend yield of 0.80%. The ex-dividend date of this dividend is Tuesday, April 1st. Choice Hotels International's dividend payout ratio (DPR) is presently 18.46%.

Insider Transactions at Choice Hotels International

In related news, EVP Dominic Dragisich sold 3,500 shares of the business's stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $148.30, for a total transaction of $519,050.00. Following the sale, the executive vice president now owns 68,913 shares of the company's stock, valued at $10,219,797.90. The trade was a 4.83 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 24.02% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on CHH shares. Morgan Stanley restated an "underweight" rating and set a $129.00 price target (down previously from $145.00) on shares of Choice Hotels International in a research report on Tuesday, January 14th. The Goldman Sachs Group boosted their target price on Choice Hotels International from $118.00 to $138.00 and gave the stock a "sell" rating in a research report on Tuesday, December 10th. Jefferies Financial Group increased their price target on shares of Choice Hotels International from $150.00 to $152.00 and gave the company a "hold" rating in a research report on Thursday, January 2nd. Robert W. Baird upped their price objective 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. Finally, Truist Financial raised their price objective on Choice Hotels International from $134.00 to $136.00 and gave the company a "hold" rating in a research note on Wednesday, December 4th. Five equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company. According to MarketBeat, Choice Hotels International currently has an average rating of "Hold" and an average target price of $139.92.

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.