Impact Capital Partners LLC Purchases New Shares in Choice Hotels International, Inc. (NYSE:CHH)

Impact Capital Partners LLC bought a new position in shares of Choice Hotels International, Inc. (NYSE:CHH - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 3,633 shares of the company's stock, valued at approximately $516,000.

A number of other institutional investors also recently bought and sold shares of the company. Skandinaviska Enskilda Banken AB publ raised its stake in Choice Hotels International by 836.2% during the fourth 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. Vestcor Inc purchased a new position in Choice Hotels International during the fourth quarter worth about $488,000. Tortoise Investment Management LLC raised its stake in Choice Hotels International by 55.8% during the fourth quarter. Tortoise Investment Management LLC now owns 430 shares of the company's stock worth $61,000 after purchasing an additional 154 shares during the period. AlphaQuest LLC purchased a new position in Choice Hotels International during the fourth quarter worth about $535,000. Finally, OFI Invest Asset Management purchased a new position in Choice Hotels International during the fourth quarter worth about $2,258,000. 65.57% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

CHH has been the topic of a number of analyst reports. Susquehanna lifted their target price on shares of Choice Hotels International from $130.00 to $155.00 and gave the stock a "neutral" rating in a research note on Tuesday, February 25th. JPMorgan Chase & Co. lifted their price target on shares of Choice Hotels International from $122.00 to $135.00 and gave the company an "underweight" rating in a research report on Friday, December 13th. Jefferies Financial Group lifted their price target on shares of Choice Hotels International from $150.00 to $152.00 and gave the company a "hold" rating in a research report on Thursday, January 2nd. StockNews.com cut shares of Choice Hotels International from a "buy" rating to a "hold" rating in a research report on Saturday. Finally, Bank of America lifted their price target on shares of Choice Hotels International from $160.00 to $165.00 and gave the company a "buy" rating in a research report on Monday, January 27th. Five equities research analysts have rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, Choice Hotels International presently has an average rating of "Hold" and an average target price of $140.67.

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Choice Hotels International Stock Down 1.3 %

NYSE CHH traded down $1.75 on Tuesday, hitting $130.63. 269,801 shares of the stock were exchanged, compared to its average volume of 403,276. Choice Hotels International, Inc. has a fifty-two week low of $109.22 and a fifty-two week high of $157.86. The company has a market cap of $6.10 billion, a PE ratio of 20.97, a PEG ratio of 1.90 and a beta of 1.25. The company has a 50-day moving average price of $144.72 and a 200-day moving average price of $140.48.

Choice Hotels International (NYSE:CHH - Get Free Report) last posted its quarterly 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 analysts' expectations of $374.24 million. As a group, equities research analysts predict that Choice Hotels International, Inc. will post 7.07 EPS for the current fiscal year.

Choice Hotels International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 16th. Stockholders of record on Tuesday, April 1st will be given a dividend of $0.2875 per share. The ex-dividend date is Tuesday, April 1st. This represents a $1.15 annualized dividend and a dividend yield of 0.88%. Choice Hotels International's dividend payout ratio is presently 18.46%.

Insider Transactions at Choice Hotels International

In other news, CFO Scott E. Oaksmith sold 1,780 shares of the business's 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 completion of the sale, the chief financial officer now owns 32,014 shares in the company, valued at approximately $4,622,821.60. The trade was a 5.27 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Dominic Dragisich sold 3,500 shares of the business's stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $148.30, for a total transaction 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 represents a 4.83 % decrease in their position. The disclosure for this sale can be found here. Insiders own 24.02% 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.