Choice Hotels International, Inc. (NYSE:CHH) Given Consensus Rating of "Reduce" by Analysts

Shares of Choice Hotels International, Inc. (NYSE:CHH - Get Free Report) have been given an average rating of "Reduce" by the ten research firms that are covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a sell recommendation, six have given a hold recommendation and one has issued a buy recommendation on the company. The average 12-month price objective among brokers that have covered the stock in the last year is $130.00.

A number of research firms recently weighed in on CHH. The Goldman Sachs Group increased their price objective on shares of Choice Hotels International from $105.00 to $118.00 and gave the stock a "sell" rating in a research report on Tuesday, November 5th. Morgan Stanley raised their price target on Choice Hotels International from $134.00 to $141.00 and gave the stock an "equal weight" rating in a research note on Wednesday. JPMorgan Chase & Co. downgraded Choice Hotels International from a "neutral" rating to an "underweight" rating and set a $120.00 price objective on the stock. in a research report on Friday, July 19th. Robert W. Baird lifted their target price on Choice Hotels International from $138.00 to $145.00 and gave the stock an "outperform" rating in a research report on Wednesday, November 6th. Finally, UBS Group lowered their target price on shares of Choice Hotels International from $126.00 to $125.00 and set a "neutral" rating for the company in a research note on Friday, August 9th.

Choice Hotels International Price Performance

Shares of Choice Hotels International stock traded up $1.55 during trading hours on Wednesday, reaching $145.89. The company's stock had a trading volume of 141,406 shares, compared to its average volume of 479,836. The firm has a 50 day moving average price of $133.15 and a 200-day moving average price of $125.08. The company has a debt-to-equity ratio of 177.75, a current ratio of 0.71 and a quick ratio of 0.71. The stock has a market cap of $6.84 billion, a P/E ratio of 27.91, a P/E/G ratio of 2.28 and a beta of 1.24. Choice Hotels International has a one year low of $108.91 and a one year high of $149.75.

Choice Hotels International (NYSE:CHH - Get Free Report) last issued its quarterly earnings data on Monday, November 4th. The company reported $2.23 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.92 by $0.31. The business had revenue of $428.00 million for the quarter, compared to the consensus estimate of $432.62 million. Choice Hotels International had a negative return on equity of 659.01% and a net margin of 16.27%. The company's quarterly revenue was up .6% compared to the same quarter last year. During the same period in the prior year, the business posted $1.82 earnings per share. On average, analysts predict that Choice Hotels International will post 6.82 EPS for the current year.

Choice Hotels International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 16th. Stockholders of record on Tuesday, October 1st were paid a dividend of $0.2875 per share. The ex-dividend date was Tuesday, October 1st. This represents a $1.15 dividend on an annualized basis and a dividend yield of 0.79%. Choice Hotels International's dividend payout ratio is presently 22.03%.

Insider Buying and Selling

In other Choice Hotels International news, CEO Patrick Pacious sold 10,025 shares of Choice Hotels International stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $120.37, for a total value of $1,206,709.25. Following the transaction, the chief executive officer now owns 404,666 shares in the company, valued at $48,709,646.42. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In related news, insider Patrick Cimerola sold 1,714 shares of the company's stock in a transaction dated Monday, October 14th. The stock was sold at an average price of $135.00, for a total transaction of $231,390.00. Following the transaction, the insider now directly owns 18,084 shares of the company's stock, valued at $2,441,340. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Patrick Pacious sold 10,025 shares of the stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $120.37, for a total value of $1,206,709.25. Following the completion of the sale, the chief executive officer now owns 404,666 shares of the company's stock, valued at approximately $48,709,646.42. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 71,437 shares of company stock valued at $9,788,980 over the last 90 days. Corporate insiders own 24.02% of the company's stock.

Hedge Funds Weigh In On Choice Hotels International

Hedge funds and other institutional investors have recently modified their holdings of the stock. Allspring Global Investments Holdings LLC raised its stake in shares of Choice Hotels International by 144.4% in the first quarter. Allspring Global Investments Holdings LLC now owns 198 shares of the company's stock worth $25,000 after purchasing an additional 117 shares during the last quarter. Blue Trust Inc. boosted its holdings in shares of Choice Hotels International by 307.4% in the 2nd quarter. Blue Trust Inc. now owns 220 shares of the company's stock valued at $28,000 after acquiring an additional 166 shares during the last quarter. Covestor Ltd increased its stake in shares of Choice Hotels International by 163.2% in the first quarter. Covestor Ltd now owns 229 shares of the company's stock worth $29,000 after acquiring an additional 142 shares during the period. Tortoise Investment Management LLC raised its holdings in shares of Choice Hotels International by 129.4% during the second quarter. Tortoise Investment Management LLC now owns 250 shares of the company's stock worth $30,000 after purchasing an additional 141 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. lifted its position in Choice Hotels International by 1,146.9% during the second quarter. Whittier Trust Co. of Nevada Inc. now owns 399 shares of the company's stock valued at $47,000 after purchasing an additional 367 shares during the period. 65.57% of the stock is owned by hedge funds and other institutional investors.

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.