Choice Hotels International, Inc. (NYSE:CHH) Receives Consensus Recommendation of "Reduce" from Analysts

Shares of Choice Hotels International, Inc. (NYSE:CHH - Get Free Report) have been assigned a consensus recommendation of "Reduce" from the eleven ratings firms that are presently covering the company, MarketBeat.com reports. Four research analysts have rated the stock with a sell recommendation, six have given a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $134.36.

A number of brokerages have weighed in on CHH. Morgan Stanley raised their price objective on Choice Hotels International from $134.00 to $141.00 and gave the company an "equal weight" rating in a report on Wednesday, November 13th. Susquehanna raised their price target on shares of Choice Hotels International from $125.00 to $130.00 and gave the stock a "neutral" rating in a research note on Thursday, November 7th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Choice Hotels International from $113.00 to $114.00 and gave the company a "hold" rating in a research note on Tuesday, November 5th. Truist Financial raised their target price on shares of Choice Hotels International from $134.00 to $136.00 and gave the stock a "hold" rating in a research note on Wednesday, December 4th. Finally, StockNews.com upgraded Choice Hotels International from a "sell" rating to a "hold" rating in a research report on Thursday, October 3rd.

Insider Buying and Selling

In other news, insider Patrick Cimerola sold 1,714 shares of Choice Hotels International stock in a transaction on Monday, October 14th. The stock was sold at an average price of $135.00, for a total value of $231,390.00. Following the completion of the sale, the insider now directly owns 18,084 shares of the company's stock, valued at approximately $2,441,340. The trade was a 8.66 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Robert J. Mcdowell sold 8,712 shares of the stock in a transaction dated Friday, October 11th. The stock was sold at an average price of $134.99, for a total value of $1,176,032.88. Following the transaction, the insider now directly owns 38,502 shares in the company, valued at approximately $5,197,384.98. The trade was a 18.45 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 53,572 shares of company stock valued at $7,562,444. 24.02% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Sanctuary Advisors LLC grew its stake in shares of Choice Hotels International by 33.4% in the third quarter. Sanctuary Advisors LLC now owns 16,834 shares of the company's stock worth $2,193,000 after acquiring an additional 4,219 shares in the last quarter. TD Private Client Wealth LLC grew its stake in Choice Hotels International by 30.1% during the 3rd 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 in the last quarter. Erste Asset Management GmbH purchased a new stake in Choice Hotels International during the 3rd quarter worth about $19,545,000. BNP Paribas Financial Markets raised its position in Choice Hotels International by 256.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 27,719 shares of the company's stock valued at $3,612,000 after purchasing an additional 19,939 shares in the last quarter. Finally, International Assets Investment Management LLC purchased a new position in shares of Choice Hotels International in the 3rd quarter valued at about $42,280,000. Institutional investors and hedge funds own 65.57% of the company's stock.

Choice Hotels International Price Performance

Choice Hotels International stock traded down $0.31 during trading on Thursday, reaching $141.67. The company had a trading volume of 349,425 shares, compared to its average volume of 452,793. The firm has a market capitalization of $6.65 billion, a PE ratio of 27.14, a price-to-earnings-growth ratio of 2.30 and a beta of 1.23. The firm's 50-day simple moving average is $144.64 and its 200 day simple moving average is $132.48. The company has a debt-to-equity ratio of 177.75, a quick ratio of 0.71 and a current ratio of 0.71. Choice Hotels International has a 1-year low of $108.91 and a 1-year high of $153.81.

Choice Hotels International (NYSE:CHH - Get Free Report) last released its earnings results on Monday, November 4th. The company reported $2.23 EPS for the quarter, topping analysts' consensus estimates of $1.92 by $0.31. The business had revenue of $428.00 million during the quarter, compared to analysts' expectations of $432.62 million. Choice Hotels International had a net margin of 16.27% and a negative return on equity of 659.01%. The company's quarterly revenue was up .6% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.82 earnings per share. As a group, equities research analysts anticipate that Choice Hotels International will post 6.84 earnings per share for the current fiscal year.

Choice Hotels International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 16th. Stockholders of record on Thursday, January 2nd will be paid a $0.2875 dividend. This represents a $1.15 annualized dividend and a dividend yield of 0.81%. The ex-dividend date of this dividend is Thursday, January 2nd. Choice Hotels International's dividend payout ratio (DPR) is presently 22.03%.

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.