Choice Hotels International, Inc. (NYSE:CHH) Shares Sold by US Bancorp DE

US Bancorp DE trimmed its holdings in Choice Hotels International, Inc. (NYSE:CHHFree Report) by 55.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,361 shares of the company’s stock after selling 9,231 shares during the quarter. US Bancorp DE’s holdings in Choice Hotels International were worth $834,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Morgan Stanley lifted its holdings in Choice Hotels International by 7.0% in the 3rd quarter. Morgan Stanley now owns 3,177,681 shares of the company’s stock valued at $389,298,000 after acquiring an additional 207,019 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC lifted its holdings in Choice Hotels International by 4.4% in the 3rd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,162,038 shares of the company’s stock valued at $264,871,000 after acquiring an additional 91,351 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Choice Hotels International by 11.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 621,332 shares of the company’s stock valued at $70,396,000 after acquiring an additional 62,174 shares during the last quarter. Invesco Ltd. lifted its holdings in Choice Hotels International by 0.9% in the 3rd quarter. Invesco Ltd. now owns 328,556 shares of the company’s stock valued at $40,251,000 after acquiring an additional 2,940 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Choice Hotels International by 2.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 265,929 shares of the company’s stock valued at $30,130,000 after acquiring an additional 6,658 shares during the last quarter. 65.57% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Choice Hotels International

In other Choice Hotels International news, insider Robert J. Mcdowell sold 1,243 shares of the stock in a transaction that occurred on Thursday, May 23rd. The stock was sold at an average price of $117.58, for a total transaction of $146,151.94. Following the transaction, the insider now owns 38,502 shares in the company, valued at $4,527,065.16. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 24.02% of the company’s stock.

Choice Hotels International Trading Down 1.3 %

NYSE:CHH opened at $112.45 on Wednesday. The stock’s 50 day moving average price is $118.90 and its 200 day moving average price is $117.69. Choice Hotels International, Inc. has a 52 week low of $108.91 and a 52 week high of $136.02. The company has a market capitalization of $5.42 billion, a P/E ratio of 24.13, a P/E/G ratio of 1.94 and a beta of 1.22. The company has a debt-to-equity ratio of 177.75, a quick ratio of 0.37 and a current ratio of 0.37.

Choice Hotels International (NYSE:CHHGet Free Report) last released its quarterly earnings data on Wednesday, May 8th. The company reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.15 by $0.13. Choice Hotels International had a return on equity of 748.46% and a net margin of 15.34%. The firm had revenue of $331.90 million for the quarter, compared to the consensus estimate of $343.04 million. During the same quarter in the prior year, the company posted $1.12 earnings per share. The firm’s revenue was down .6% on a year-over-year basis. On average, research analysts forecast that Choice Hotels International, Inc. will post 6.44 EPS for the current fiscal year.

Choice Hotels International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 16th. Shareholders of record on Monday, July 1st will be issued a dividend of $0.2875 per share. The ex-dividend date of this dividend is Monday, July 1st. This represents a $1.15 annualized dividend and a yield of 1.02%. Choice Hotels International’s dividend payout ratio (DPR) is presently 24.68%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. Jefferies Financial Group raised shares of Choice Hotels International from an “underperform” rating to a “buy” rating and upped their price target for the company from $96.00 to $156.00 in a report on Monday, March 11th. StockNews.com lowered shares of Choice Hotels International from a “hold” rating to a “sell” rating in a research note on Wednesday, February 21st. Robert W. Baird reduced their price objective on shares of Choice Hotels International from $140.00 to $137.00 and set an “outperform” rating for the company in a research note on Wednesday, April 24th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Choice Hotels International from $128.00 to $112.00 and set a “hold” rating for the company in a research note on Thursday, May 9th. Finally, Barclays reduced their price objective on shares of Choice Hotels International from $122.00 to $114.00 and set an “underweight” rating for the company in a research note on Friday, April 19th. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, Choice Hotels International currently has a consensus rating of “Hold” and an average target price of $129.50.

Check Out Our Latest Stock Analysis on Choice Hotels International

About Choice Hotels International

(Free Report)

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.

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Institutional Ownership by Quarter for Choice Hotels International (NYSE:CHH)

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