Yousif Capital Management LLC reduced its stake in Choice Hotels International, Inc. (NYSE:CHH – Free Report) by 0.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,160 shares of the company’s stock after selling 130 shares during the period. Yousif Capital Management LLC’s holdings in Choice Hotels International were worth $1,659,000 at the end of the most recent reporting period.
A number of other hedge funds have also added to or reduced their stakes in the stock. Vanguard Personalized Indexing Management LLC boosted its stake in shares of Choice Hotels International by 2.8% during the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 3,043 shares of the company’s stock valued at $343,000 after purchasing an additional 82 shares in the last quarter. Neuberger Berman Group LLC boosted its stake in shares of Choice Hotels International by 4.1% during the fourth quarter. Neuberger Berman Group LLC now owns 2,796 shares of the company’s stock valued at $315,000 after purchasing an additional 109 shares in the last quarter. US Bancorp DE boosted its stake in shares of Choice Hotels International by 4.3% during the first quarter. US Bancorp DE now owns 2,716 shares of the company’s stock valued at $385,000 after purchasing an additional 112 shares in the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of Choice Hotels International by 0.9% during the third quarter. Commonwealth Equity Services LLC now owns 13,319 shares of the company’s stock valued at $1,458,000 after purchasing an additional 124 shares in the last quarter. Finally, Captrust Financial Advisors boosted its stake in shares of Choice Hotels International by 28.0% during the second quarter. Captrust Financial Advisors now owns 599 shares of the company’s stock valued at $67,000 after purchasing an additional 131 shares in the last quarter. 60.62% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
A number of equities analysts have recently issued reports on the stock. StockNews.com initiated coverage on shares of Choice Hotels International in a research note on Thursday, May 18th. They set a “hold” rating on the stock. Robert W. Baird raised their target price on shares of Choice Hotels International from $134.00 to $135.00 in a research note on Friday, May 12th. 888 restated a “maintains” rating on shares of Choice Hotels International in a research note on Tuesday, June 27th. Wells Fargo & Company lowered their target price on shares of Choice Hotels International from $122.00 to $113.00 and set an “underweight” rating for the company in a research note on Friday, July 21st. Finally, TheStreet downgraded shares of Choice Hotels International from a “b” rating to a “c+” rating in a research note on Tuesday, May 9th. Four analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $121.88.
Insider Transactions at Choice Hotels International
Choice Hotels International Stock Up 1.5 %
CHH opened at $130.73 on Tuesday. Choice Hotels International, Inc. has a fifty-two week low of $104.15 and a fifty-two week high of $131.64. The stock has a market capitalization of $6.67 billion, a price-to-earnings ratio of 22.54, a PEG ratio of 1.72 and a beta of 1.26. The company has a debt-to-equity ratio of 29.25, a quick ratio of 0.92 and a current ratio of 0.92. The company has a fifty day moving average of $117.85 and a two-hundred day moving average of $120.45.
Choice Hotels International (NYSE:CHH – Get Free Report) last posted its quarterly earnings results on Tuesday, May 9th. The company reported $1.12 earnings per share for the quarter, beating the consensus estimate of $1.08 by $0.04. Choice Hotels International had a net margin of 21.50% and a return on equity of 129.67%. The business had revenue of $333.80 million during the quarter, compared to analysts’ expectations of $320.43 million. During the same quarter in the prior year, the company posted $1.03 EPS. The business’s revenue for the quarter was up 29.5% on a year-over-year basis. On average, research analysts expect that Choice Hotels International, Inc. will post 5.93 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, July 19th. Stockholders of record on Wednesday, July 5th were issued a $0.287 dividend. The ex-dividend date was Monday, July 3rd. This represents a $1.15 annualized dividend and a dividend yield of 0.88%. Choice Hotels International’s dividend payout ratio is currently 19.83%.
About Choice Hotels International
Choice Hotels International, Inc together with its subsidiaries, operates as a hotel franchisor. The company operates through Hotel Franchising & Management and 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, Ascend Hotel Collection, Radisson Blu, Radisson RED, Radisson, Park Plaza, Country Inn & Suites, Radisson Inn & Suites , Park Inn by Radisson, Radisson Individuals, and Radisson Collection.
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