Barclays PLC Has $1.49 Million Position in Choice Hotels International, Inc. (NYSE:CHH)

Barclays PLC lessened its holdings in shares of Choice Hotels International, Inc. (NYSE:CHH - Free Report) by 62.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,409 shares of the company's stock after selling 19,055 shares during the period. Barclays PLC's holdings in Choice Hotels International were worth $1,486,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. TD Private Client Wealth LLC lifted its position in shares of Choice Hotels International by 30.1% in the 3rd quarter. TD Private Client Wealth LLC now owns 14,889 shares of the company's stock worth $1,940,000 after buying an additional 3,446 shares during the last quarter. Erste Asset Management GmbH purchased a new stake in Choice Hotels International in the 3rd quarter worth approximately $19,545,000. BNP Paribas Financial Markets boosted its position in Choice Hotels International by 256.3% during the third quarter. BNP Paribas Financial Markets now owns 27,719 shares of the company's stock worth $3,612,000 after purchasing an additional 19,939 shares during the period. International Assets Investment Management LLC bought a new stake in Choice Hotels International during the 3rd quarter valued at approximately $42,280,000. Finally, William B. Walkup & Associates Inc. bought a new stake in Choice Hotels International in the 2nd quarter valued at $799,000. Hedge funds and other institutional investors own 65.57% of the company's stock.

Analysts Set New Price Targets

Several research analysts have issued reports on CHH shares. Wells Fargo & Company began coverage on Choice Hotels International in a report on Thursday, December 5th. They set an "underweight" rating and a $133.00 price objective on the stock. Susquehanna boosted their target price on Choice Hotels International from $125.00 to $130.00 and gave the stock a "neutral" rating in a report on Thursday, November 7th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Choice Hotels International from $113.00 to $114.00 and gave the company a "hold" rating in a report on Tuesday, November 5th. Robert W. Baird increased their price target on Choice Hotels International from $138.00 to $145.00 and gave the company an "outperform" rating in a research note on Wednesday, November 6th. Finally, Truist Financial lifted 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. Four research analysts have rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $134.36.

Choice Hotels International Stock Down 0.5 %

CHH stock opened at $140.15 on Monday. Choice Hotels International, Inc. has a 12 month low of $108.91 and a 12 month high of $153.81. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 177.75. The firm has a 50-day moving average of $144.74 and a two-hundred day moving average of $133.66. The company has a market cap of $6.57 billion, a price-to-earnings ratio of 26.85, a PEG ratio of 2.30 and a beta of 1.24.

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

Choice Hotels International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 16th. Investors of record on Thursday, January 2nd will be issued a $0.2875 dividend. The ex-dividend date of this dividend is Thursday, January 2nd. This represents a $1.15 annualized dividend and a yield of 0.82%. Choice Hotels International's payout ratio is 22.03%.

Insider Transactions at Choice Hotels International

In other news, CEO Patrick Pacious sold 26,816 shares of the company's stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $144.69, for a total value of $3,880,007.04. Following the transaction, the chief executive officer now owns 404,666 shares in the company, valued at $58,551,123.54. This represents a 6.21 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 24.02% of the company's stock.

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.