Choice Hotels International (NYSE:CHH) Stock Rating Lowered by Jefferies Financial Group

Choice Hotels International (NYSE:CHH - Get Free Report) was downgraded by equities research analysts at Jefferies Financial Group from a "buy" rating to a "hold" rating in a note issued to investors on Wednesday, MarketBeat.com reports. They presently have a $150.00 price target on the stock. Jefferies Financial Group's price objective indicates a potential upside of 3.83% from the stock's current price.

A number of other equities research analysts also recently weighed in on CHH. Robert W. Baird set a $138.00 price objective on Choice Hotels International in a research report on Thursday, October 17th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Choice Hotels International from $113.00 to $114.00 and gave the stock a "hold" rating in a research note on Tuesday. Truist Financial decreased their price target on shares of Choice Hotels International from $144.00 to $134.00 and set a "hold" rating on the stock in a research note on Wednesday, September 4th. The Goldman Sachs Group raised their price target on shares of Choice Hotels International from $105.00 to $118.00 and gave the stock a "sell" rating in a research note on Tuesday. Finally, StockNews.com upgraded Choice Hotels International from a "sell" rating to a "hold" rating in a report on Thursday, October 3rd. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $128.20.

Choice Hotels International Trading Up 3.6 %

CHH traded up $5.01 during trading on Wednesday, reaching $144.47. The company had a trading volume of 696,278 shares, compared to its average volume of 482,502. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 177.75. Choice Hotels International has a 52 week low of $108.91 and a 52 week high of $149.75. The stock has a market cap of $6.82 billion, a P/E ratio of 27.61, a PEG ratio of 2.27 and a beta of 1.24. The business has a 50 day simple moving average of $131.42 and a 200-day simple moving average of $124.15.

Choice Hotels International (NYSE:CHH - Get Free Report) last announced its quarterly earnings data on Monday, November 4th. The company reported $2.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.92 by $0.31. The business had revenue of $428.00 million during the quarter, compared to the consensus estimate of $432.62 million. Choice Hotels International had a net margin of 15.42% and a negative return on equity of 3,953.67%. The firm's quarterly revenue was up .6% compared to the same quarter last year. During the same quarter last year, the firm earned $1.82 earnings per share. On average, equities analysts anticipate that Choice Hotels International will post 6.35 EPS for the current fiscal year.

Insider Transactions at Choice Hotels International

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 transaction of $1,206,709.25. Following the completion of the sale, the chief executive officer now directly owns 404,666 shares of the company's stock, valued at $48,709,646.42. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other Choice Hotels International news, insider Patrick Cimerola sold 1,714 shares of Choice Hotels International stock in a transaction on Monday, October 14th. The shares were sold at an average price of $135.00, for a total value of $231,390.00. Following the transaction, the insider now directly owns 18,084 shares in the company, valued at approximately $2,441,340. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Patrick Pacious sold 10,025 shares of the stock in a transaction that occurred on 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 sale, the chief executive officer now directly owns 404,666 shares of the company's stock, valued at $48,709,646.42. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 37,429 shares of company stock valued at $4,866,493. 24.02% of the stock is currently owned by corporate insiders.

Institutional Trading of Choice Hotels International

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

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.