6,190 Shares in Choice Hotels International, Inc. (NYSE:CHH) Purchased by Twelve Points Wealth Management LLC

Twelve Points Wealth Management LLC purchased a new stake in Choice Hotels International, Inc. (NYSE:CHH - Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 6,190 shares of the company's stock, valued at approximately $879,000.

Other institutional investors also recently made changes to their positions in the company. Blue Trust Inc. grew its stake in Choice Hotels International by 81.4% during the third quarter. Blue Trust Inc. now owns 399 shares of the company's stock worth $47,000 after buying an additional 179 shares during the period. Anchor Investment Management LLC purchased a new position in Choice Hotels International in the 3rd quarter worth approximately $55,000. Quarry LP purchased a new stake in Choice Hotels International during the 3rd quarter worth $63,000. Eagle Bay Advisors LLC boosted its position in Choice Hotels International by 12.9% in the 3rd quarter. Eagle Bay Advisors LLC now owns 843 shares of the company's stock valued at $110,000 after buying an additional 96 shares during the last quarter. Finally, SG Americas Securities LLC purchased a new stake in shares of Choice Hotels International during the fourth quarter worth about $125,000. 65.57% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CEO Patrick Pacious sold 26,816 shares of the firm's stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $144.69, for a total transaction of $3,880,007.04. Following the completion of the transaction, the chief executive officer now owns 404,666 shares in the company, valued at approximately $58,551,123.54. This trade represents a 6.21 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 24.02% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on CHH. Robert W. Baird raised their price objective on Choice Hotels International from $138.00 to $145.00 and gave the company an "outperform" rating in a research note on Wednesday, November 6th. Bank of America raised their price target on shares of Choice Hotels International from $160.00 to $165.00 and gave the stock a "buy" rating in a research report on Monday. The Goldman Sachs Group increased their price objective on shares of Choice Hotels International from $118.00 to $138.00 and gave the company a "sell" rating in a research note on Tuesday, December 10th. Susquehanna lifted their price target on Choice Hotels International from $125.00 to $130.00 and gave the stock a "neutral" rating in a research note on Thursday, November 7th. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on Choice Hotels International from $113.00 to $114.00 and gave the company a "hold" rating in a research note on Tuesday, November 5th. Five investment analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $135.92.

Choice Hotels International Trading Down 0.5 %

NYSE:CHH traded down $0.82 during mid-day trading on Wednesday, hitting $147.98. The stock had a trading volume of 214,898 shares, compared to its average volume of 299,365. The company has a 50 day simple moving average of $144.73 and a 200-day simple moving average of $135.74. The stock has a market capitalization of $6.94 billion, a price-to-earnings ratio of 28.36, a P/E/G ratio of 2.22 and a beta of 1.24. Choice Hotels International, Inc. has a 52 week low of $108.91 and a 52 week high of $153.81.

Choice Hotels International (NYSE:CHH - Get Free Report) last issued 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. Choice Hotels International had a negative return on equity of 659.01% and a net margin of 16.27%. The business had revenue of $428.00 million during the quarter, compared to the consensus estimate of $432.62 million. During the same period in the previous year, the firm posted $1.82 earnings per share. The business's revenue was up .6% on a year-over-year basis. As a group, equities research analysts anticipate that Choice Hotels International, Inc. will post 6.84 earnings per share for the current year.

Choice Hotels International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 16th. Shareholders of record on Thursday, January 2nd were paid a dividend of $0.2875 per share. This represents a $1.15 dividend on an annualized basis and a yield of 0.78%. The ex-dividend date was Thursday, January 2nd. Choice Hotels International's payout ratio is currently 22.03%.

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.