Choice Hotels International, Inc. (NYSE:CHH) Receives Average Rating of “Hold” from Brokerages

Choice Hotels International, Inc. (NYSE:CHHGet Rating) has been assigned a consensus rating of “Hold” from the ten brokerages that are presently covering the stock, MarketBeat.com reports. Four equities research analysts have rated the stock with a sell rating and five have assigned a hold rating to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $124.22.

Several research firms have issued reports on CHH. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Choice Hotels International from $117.00 to $112.00 in a report on Tuesday, November 8th. UBS Group cut shares of Choice Hotels International from a “buy” rating to a “neutral” rating and dropped their price target for the company from $167.00 to $124.00 in a research report on Tuesday, August 2nd. Wells Fargo & Company cut shares of Choice Hotels International from an “equal weight” rating to an “underweight” rating and dropped their price objective for the company from $130.00 to $123.00 in a report on Monday, August 29th. Barclays dropped their price objective on shares of Choice Hotels International from $108.00 to $107.00 and set an “underweight” rating for the company in a report on Tuesday, November 8th. Finally, StockNews.com began coverage on shares of Choice Hotels International in a report on Wednesday, October 12th. They issued a “hold” rating for the company.

Insider Transactions at Choice Hotels International

In other news, SVP Simone Wu sold 6,342 shares of the company’s stock in a transaction on Monday, November 14th. The shares were sold at an average price of $120.82, for a total transaction of $766,240.44. Following the transaction, the senior vice president now directly owns 39,147 shares of the company’s stock, valued at approximately $4,729,740.54. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In related news, Director Brian Bainum sold 30,000 shares of the stock in a transaction dated Friday, November 11th. The shares were sold at an average price of $122.44, for a total value of $3,673,200.00. Following the sale, the director now directly owns 14,196 shares of the company’s stock, valued at approximately $1,738,158.24. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, SVP Simone Wu sold 6,342 shares of the stock in a transaction dated Monday, November 14th. The shares were sold at an average price of $120.82, for a total transaction of $766,240.44. Following the completion of the sale, the senior vice president now directly owns 39,147 shares in the company, valued at $4,729,740.54. The disclosure for this sale can be found here. Insiders have sold a total of 49,788 shares of company stock valued at $6,067,739 in the last ninety days. 20.84% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CHH. Swiss National Bank increased its position in Choice Hotels International by 7.3% during the 1st quarter. Swiss National Bank now owns 85,467 shares of the company’s stock worth $12,116,000 after purchasing an additional 5,800 shares in the last quarter. WINTON GROUP Ltd lifted its stake in Choice Hotels International by 80.6% during the first quarter. WINTON GROUP Ltd now owns 12,896 shares of the company’s stock worth $1,828,000 after purchasing an additional 5,756 shares during the last quarter. SG Americas Securities LLC lifted its stake in Choice Hotels International by 38.3% in the second quarter. SG Americas Securities LLC now owns 14,314 shares of the company’s stock valued at $1,598,000 after buying an additional 3,963 shares during the last quarter. Lazard Asset Management LLC lifted its stake in Choice Hotels International by 1,388.7% in the second quarter. Lazard Asset Management LLC now owns 27,809 shares of the company’s stock valued at $3,103,000 after buying an additional 25,941 shares during the last quarter. Finally, Securian Asset Management Inc. raised its stake in shares of Choice Hotels International by 3.4% during the second quarter. Securian Asset Management Inc. now owns 3,043 shares of the company’s stock valued at $340,000 after purchasing an additional 100 shares in the last quarter. 61.37% of the stock is currently owned by hedge funds and other institutional investors.

Choice Hotels International Price Performance

Shares of CHH stock opened at $122.46 on Friday. The company has a debt-to-equity ratio of 4.06, a current ratio of 1.08 and a quick ratio of 1.08. The company has a market capitalization of $6.53 billion, a P/E ratio of 20.14, a P/E/G ratio of 2.08 and a beta of 1.30. The company’s 50-day simple moving average is $118.21 and its two-hundred day simple moving average is $119.07. Choice Hotels International has a one year low of $104.15 and a one year high of $157.46.

Choice Hotels International (NYSE:CHHGet Rating) last announced its quarterly earnings results on Monday, November 7th. The company reported $1.56 earnings per share for the quarter, missing the consensus estimate of $1.69 by ($0.13). Choice Hotels International had a return on equity of 87.75% and a net margin of 25.72%. The business had revenue of $414.30 million during the quarter, compared to analysts’ expectations of $374.90 million. During the same period in the previous year, the company posted $1.51 EPS. Choice Hotels International’s revenue for the quarter was up 28.1% on a year-over-year basis. As a group, equities analysts anticipate that Choice Hotels International will post 5.17 EPS for the current year.

Choice Hotels International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 14th. Stockholders of record on Monday, October 3rd were paid a dividend of $0.2375 per share. The ex-dividend date of this dividend was Friday, September 30th. This represents a $0.95 dividend on an annualized basis and a dividend yield of 0.78%. Choice Hotels International’s dividend payout ratio (DPR) is presently 15.63%.

About Choice Hotels International

(Get Rating)

Choice Hotels International, Inc, together with its subsidiaries, operates as a hotel franchisor worldwide. The company operates in Hotel Franchising and Corporate & Other segments. It franchises lodging properties under the brand names of Comfort Inn, Comfort Suites, Quality, Clarion, Clarion Pointe, Sleep Inn, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Extended Stay Hotel, WoodSpring Suites, Everhome Suites, Cambria Hotels, and Ascend Hotel Collection.

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Analyst Recommendations for Choice Hotels International (NYSE:CHH)

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