Brokerages Set Choice Hotels International, Inc. (NYSE:CHH) PT at $126.00

Shares of Choice Hotels International, Inc. (NYSE:CHH - Get Free Report) have earned an average rating of "Reduce" from the eleven analysts that are presently covering the company, Marketbeat.com reports. Three investment analysts have rated the stock with a sell recommendation, six have given a hold recommendation and two have issued a buy recommendation on the company. The average 12-month price target among brokers that have covered the stock in the last year is $126.00.

CHH has been the topic of a number of analyst reports. Barclays dropped their price target on shares of Choice Hotels International from $114.00 to $112.00 and set an "underweight" rating on the stock in a research note on Friday, August 9th. The Goldman Sachs Group started coverage on shares of Choice Hotels International in a research note on Wednesday, September 18th. They set a "sell" rating and a $105.00 target price on the stock. JPMorgan Chase & Co. cut shares of Choice Hotels International from a "neutral" rating to an "underweight" rating and set a $120.00 target price on the stock. in a research note on Friday, July 19th. UBS Group lowered their target price on shares of Choice Hotels International from $126.00 to $125.00 and set a "neutral" rating on the stock in a research note on Friday, August 9th. Finally, Susquehanna started coverage on shares of Choice Hotels International in a research note on Friday, June 21st. They set a "neutral" rating and a $125.00 target price on the stock.

Choice Hotels International Stock Up 0.4 %

Shares of NYSE:CHH traded up $0.60 during midday trading on Friday, reaching $134.75. The company's stock had a trading volume of 192,797 shares, compared to its average volume of 485,470. The firm has a 50 day moving average of $127.71 and a 200-day moving average of $122.63. The firm has a market capitalization of $6.49 billion, a P/E ratio of 28.92, a PEG ratio of 2.20 and a beta of 1.25. 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 12-month low of $108.91 and a 12-month high of $136.28.

Choice Hotels International (NYSE:CHH - Get Free Report) last released its earnings results on Thursday, August 8th. The company reported $1.84 earnings per share for the quarter, missing analysts' consensus estimates of $1.86 by ($0.02). The business had revenue of $435.20 million during the quarter, compared to analysts' expectations of $438.29 million. Choice Hotels International had a negative return on equity of 3,953.67% and a net margin of 15.42%. The firm's quarterly revenue was up 1.8% compared to the same quarter last year. During the same period in the prior year, the company earned $1.75 earnings per share. On average, research analysts anticipate that Choice Hotels International will post 6.38 earnings per share for the current year.

Choice Hotels International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 16th. Shareholders of record on Tuesday, October 1st were issued a dividend of $0.2875 per share. This represents a $1.15 dividend on an annualized basis and a yield of 0.85%. The ex-dividend date was Tuesday, October 1st. Choice Hotels International's dividend payout ratio (DPR) is currently 24.68%.

Insider Buying and Selling at Choice Hotels International

In other Choice Hotels International news, insider Patrick Cimerola sold 1,714 shares of the stock in a transaction that occurred on Monday, October 14th. The shares were sold at an average price of $135.00, for a total transaction of $231,390.00. Following the completion of the sale, the insider now directly owns 18,084 shares of the company's stock, valued at $2,441,340. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other Choice Hotels International news, insider Patrick Cimerola sold 1,714 shares of the stock in a transaction that occurred on Monday, October 14th. The shares were sold at an average price of $135.00, for a total transaction of $231,390.00. Following the completion of the sale, the insider now directly owns 18,084 shares of the company's stock, valued at $2,441,340. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Dominic Dragisich sold 9,138 shares of the stock in a transaction that occurred on Friday, October 11th. The shares were sold at an average price of $134.88, for a total transaction of $1,232,533.44. Following the sale, the executive vice president now directly owns 68,509 shares of the company's stock, valued at approximately $9,240,493.92. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 37,429 shares of company stock valued at $4,866,493 in the last three months. 24.02% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Allspring Global Investments Holdings LLC boosted its position in shares of Choice Hotels International by 144.4% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 198 shares of the company's stock valued at $25,000 after acquiring an additional 117 shares during the last quarter. Blue Trust Inc. lifted its position in Choice Hotels International by 307.4% in the second quarter. Blue Trust Inc. now owns 220 shares of the company's stock worth $28,000 after buying an additional 166 shares during the last quarter. Covestor Ltd lifted its position in Choice Hotels International by 163.2% in the first quarter. Covestor Ltd now owns 229 shares of the company's stock worth $29,000 after buying an additional 142 shares during the last quarter. Tortoise Investment Management LLC lifted its position in Choice Hotels International by 129.4% in the second quarter. Tortoise Investment Management LLC now owns 250 shares of the company's stock worth $30,000 after buying an additional 141 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. lifted its position in Choice Hotels International by 1,146.9% in the second quarter. Whittier Trust Co. of Nevada Inc. now owns 399 shares of the company's stock worth $47,000 after buying an additional 367 shares during the last quarter. 65.57% of the stock is currently owned by institutional investors.

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.