Choice Hotels International (NYSE:CHH) Price Target Cut to $111.00 by Analysts at Barclays

Choice Hotels International (NYSE:CHH - Get Free Report) had its price objective lowered by equities research analysts at Barclays from $132.00 to $111.00 in a report released on Tuesday,Benzinga reports. The firm presently has an "underweight" rating on the stock. Barclays's price target indicates a potential downside of 11.46% from the stock's current price.

Other research analysts have also recently issued research reports about the company. Robert W. Baird lifted their target price on Choice Hotels International from $145.00 to $160.00 and gave the company an "outperform" rating in a research report on Tuesday, February 25th. Morgan Stanley cut their price objective on shares of Choice Hotels International from $124.00 to $115.00 and set an "underweight" rating on the stock in a report on Tuesday. Redburn Atlantic upgraded shares of Choice Hotels International from a "sell" rating to a "neutral" rating and set a $132.00 target price for the company in a research note on Monday, March 24th. Jefferies Financial Group dropped their price target on shares of Choice Hotels International from $154.00 to $133.00 and set a "hold" rating on the stock in a research report on Wednesday, April 9th. Finally, StockNews.com lowered shares of Choice Hotels International from a "buy" rating to a "hold" rating in a research note on Saturday, March 15th. Four investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $135.69.

Choice Hotels International Stock Down 0.7 %

CHH stock traded down $0.83 during midday trading on Tuesday, reaching $125.36. 230,179 shares of the company's stock traded hands, compared to its average volume of 401,900. Choice Hotels International has a 52 week low of $109.22 and a 52 week high of $157.86. The company has a market cap of $5.86 billion, a price-to-earnings ratio of 20.12, a P/E/G ratio of 1.90 and a beta of 1.08. The firm's fifty day moving average price is $132.72 and its 200-day moving average price is $140.10.

Choice Hotels International (NYSE:CHH - Get Free Report) last posted its earnings results on Thursday, February 20th. The company reported $1.55 EPS for the quarter, topping the consensus estimate of $1.45 by $0.10. Choice Hotels International had a net margin of 18.91% and a negative return on equity of 472.31%. The company had revenue of $389.77 million during the quarter, compared to the consensus estimate of $374.24 million. Analysts forecast that Choice Hotels International will post 7.07 earnings per share for the current year.

Insider Activity at Choice Hotels International

In other Choice Hotels International news, EVP Dominic Dragisich sold 3,500 shares of the firm's stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $148.30, for a total value of $519,050.00. Following the sale, the executive vice president now owns 68,913 shares of the company's stock, valued at $10,219,797.90. This trade represents a 4.83 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Scott E. Oaksmith sold 1,780 shares of Choice Hotels International stock in a transaction that occurred on Tuesday, March 4th. The shares were 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 of the company's stock, valued at approximately $4,622,821.60. The trade was a 5.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 24.02% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Choice Hotels International

Hedge funds have recently added to or reduced their stakes in the company. UMB Bank n.a. lifted its position in Choice Hotels International by 66.2% in the 1st quarter. UMB Bank n.a. now owns 256 shares of the company's stock worth $34,000 after buying an additional 102 shares during the last quarter. CIBC Private Wealth Group LLC lifted its holdings in shares of Choice Hotels International by 30.3% in the 4th quarter. CIBC Private Wealth Group LLC now owns 370 shares of the company's stock worth $52,000 after acquiring an additional 86 shares during the last quarter. Anchor Investment Management LLC purchased a new stake in shares of Choice Hotels International in the 3rd quarter valued at $55,000. Tortoise Investment Management LLC boosted its stake in shares of Choice Hotels International by 55.8% in the 4th quarter. Tortoise Investment Management LLC now owns 430 shares of the company's stock valued at $61,000 after purchasing an additional 154 shares in the last quarter. Finally, Skandinaviska Enskilda Banken AB publ raised its position in Choice Hotels International by 836.2% in the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 440 shares of the company's stock worth $62,000 after purchasing an additional 393 shares during the period. 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.