Choice Hotels International, Inc. (NYSE:CHH) CFO Scott E. Oaksmith Sells 1,780 Shares

Choice Hotels International, Inc. (NYSE:CHH - Get Free Report) CFO Scott E. Oaksmith sold 1,780 shares of the firm's stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $144.40, for a total transaction 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. This trade represents a 5.27 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Choice Hotels International Price Performance

CHH stock traded up $2.81 during midday trading on Friday, reaching $145.04. 541,766 shares of the company were exchanged, compared to its average volume of 425,043. The business has a 50-day moving average price of $145.78 and a two-hundred day moving average price of $140.20. Choice Hotels International, Inc. has a one year low of $109.22 and a one year high of $157.86. The firm has a market capitalization of $6.78 billion, a price-to-earnings ratio of 23.28, a price-to-earnings-growth ratio of 1.90 and a beta of 1.25.

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

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Choice Hotels International Dividend Announcement

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 given a $0.2875 dividend. The ex-dividend date is Tuesday, April 1st. This represents a $1.15 dividend on an annualized basis and a dividend yield of 0.79%. Choice Hotels International's payout ratio is presently 18.46%.

Institutional Investors Weigh In On Choice Hotels International

Institutional investors have recently modified their holdings of the business. Pictet Asset Management Holding SA raised its stake in Choice Hotels International by 2.1% in the fourth quarter. Pictet Asset Management Holding SA now owns 3,562 shares of the company's stock valued at $506,000 after purchasing an additional 74 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in shares of Choice Hotels International by 0.6% in the fourth quarter. Commonwealth Equity Services LLC now owns 12,944 shares of the company's stock valued at $1,838,000 after buying an additional 76 shares during the period. CIBC Private Wealth Group LLC increased its stake in shares of Choice Hotels International by 30.3% in the fourth quarter. CIBC Private Wealth Group LLC now owns 370 shares of the company's stock valued at $52,000 after buying an additional 86 shares during the period. Captrust Financial Advisors increased its stake in shares of Choice Hotels International by 4.5% in the fourth quarter. Captrust Financial Advisors now owns 2,069 shares of the company's stock valued at $294,000 after buying an additional 90 shares during the period. Finally, Occudo Quantitative Strategies LP boosted its holdings in Choice Hotels International by 3.2% in the fourth quarter. Occudo Quantitative Strategies LP now owns 3,062 shares of the company's stock valued at $435,000 after acquiring an additional 95 shares during the last quarter. Institutional investors own 65.57% of the company's stock.

Analysts Set New Price Targets

CHH has been the topic of a number of recent research reports. The Goldman Sachs Group lifted their price objective on shares of Choice Hotels International from $118.00 to $138.00 and gave the company a "sell" rating in a report on Tuesday, December 10th. StockNews.com downgraded shares of Choice Hotels International from a "buy" rating to a "hold" rating in a report on Friday. Morgan Stanley lifted their price objective on shares of Choice Hotels International from $131.00 to $139.00 and gave the company an "underweight" rating in a report on Tuesday, March 4th. Barclays lifted their price objective on shares of Choice Hotels International from $129.00 to $132.00 and gave the company an "underweight" rating in a report on Friday, February 21st. Finally, Bank of America lifted their price objective on shares of Choice Hotels International from $160.00 to $165.00 and gave the company a "buy" rating in a report on Monday, January 27th. Five research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company. According to MarketBeat, Choice Hotels International presently has an average rating of "Hold" and a consensus target price of $140.67.

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.