Choice Hotels International, Inc. (NYSE:CHH) Shares Sold by Natixis Advisors LLC

Natixis Advisors LLC trimmed its position in shares of Choice Hotels International, Inc. (NYSE:CHH - Free Report) by 1.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 154,910 shares of the company's stock after selling 3,059 shares during the period. Natixis Advisors LLC owned about 0.33% of Choice Hotels International worth $21,994,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in CHH. Anchor Investment Management LLC acquired a new position in Choice Hotels International during the 3rd quarter worth approximately $55,000. Tortoise Investment Management LLC grew its stake in shares of 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 in the last quarter. Skandinaviska Enskilda Banken AB publ increased its holdings in Choice Hotels International by 836.2% in the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 440 shares of the company's stock valued at $62,000 after buying an additional 393 shares during the last quarter. Quarry LP acquired a new stake in shares of Choice Hotels International during the 3rd quarter worth about $63,000. Finally, Jones Financial Companies Lllp raised its holdings in Choice Hotels International by 165.5% during the fourth quarter. Jones Financial Companies Lllp now owns 600 shares of the company's stock worth $85,000 after purchasing an additional 374 shares in the last quarter. 65.57% of the stock is currently owned by hedge funds and other institutional investors.

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Insiders Place Their Bets

In other Choice Hotels International news, EVP Dominic Dragisich sold 3,500 shares of the stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $148.30, for a total value of $519,050.00. Following the completion of the transaction, the executive vice president now directly owns 68,913 shares of the company's stock, valued at approximately $10,219,797.90. This trade represents a 4.83 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Scott E. Oaksmith sold 1,780 shares of the business's stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $144.40, for a total value of $257,032.00. Following the sale, the chief financial officer now directly owns 32,014 shares in the company, valued at $4,622,821.60. This trade represents a 5.27 % decrease in their position. The disclosure for this sale can be found here. 24.02% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research firms have issued reports on CHH. StockNews.com downgraded shares of Choice Hotels International from a "buy" rating to a "hold" rating in a research note on Saturday, March 15th. Barclays boosted their target price on Choice Hotels International from $129.00 to $132.00 and gave the company an "underweight" rating in a report on Friday, February 21st. Morgan Stanley raised their price target on Choice Hotels International from $131.00 to $139.00 and gave the stock an "underweight" rating in a research note on Tuesday, March 4th. Bank of America boosted their price objective on Choice Hotels International from $160.00 to $165.00 and gave the company a "buy" rating in a research note on Monday, January 27th. Finally, Truist Financial raised their target price on shares of Choice Hotels International from $136.00 to $144.00 and gave the stock a "hold" rating in a research report on Friday. Five research analysts have rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $141.33.

Choice Hotels International Price Performance

Shares of CHH stock traded down $0.38 during mid-day trading on Friday, hitting $129.65. The stock had a trading volume of 583,744 shares, compared to its average volume of 409,351. The firm has a market cap of $6.06 billion, a PE ratio of 20.81, a PEG ratio of 1.90 and a beta of 1.25. The company's 50-day simple moving average is $144.15 and its 200-day simple moving average is $140.37. Choice Hotels International, Inc. has a fifty-two week low of $109.22 and a fifty-two week high of $157.86.

Choice Hotels International (NYSE:CHH - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The company reported $1.55 EPS for the quarter, beating analysts' consensus estimates 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 firm had revenue of $389.77 million during the quarter, compared to the consensus estimate of $374.24 million. On average, analysts expect that Choice Hotels International, Inc. will post 7.07 EPS for the current year.

Choice Hotels International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 16th. Investors of record on Tuesday, April 1st will be issued a dividend of $0.2875 per share. This represents a $1.15 dividend on an annualized basis and a yield of 0.89%. The ex-dividend date of this dividend is Tuesday, April 1st. Choice Hotels International's dividend payout ratio is presently 18.46%.

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.