Shares of Choice Hotels International Inc (NYSE:CHH) have been given a consensus rating of “Hold” by the ten research firms that are covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating, one has given a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $69.13.

A number of analysts recently commented on CHH shares. TheStreet raised Choice Hotels International from a “c+” rating to a “b” rating in a research report on Wednesday, October 18th. Zacks Investment Research raised Choice Hotels International from a “hold” rating to a “buy” rating and set a $90.00 target price for the company in a research report on Tuesday, January 9th. SunTrust Banks reaffirmed a “hold” rating and issued a $71.00 target price on shares of Choice Hotels International in a research report on Friday, November 10th. JPMorgan Chase & Co. lowered Choice Hotels International from a “neutral” rating to an “underweight” rating and set a $72.00 price objective for the company. in a report on Wednesday, December 13th. Finally, Barclays boosted their price objective on Choice Hotels International from $60.00 to $67.00 and gave the stock an “underweight” rating in a report on Tuesday, November 7th.

In other Choice Hotels International news, CEO Patrick Pacious sold 11,149 shares of the business’s stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $75.78, for a total transaction of $844,871.22. Following the completion of the sale, the chief executive officer now directly owns 124,073 shares of the company’s stock, valued at approximately $9,402,251.94. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Bruce Bainum sold 250,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 14th. The stock was sold at an average price of $74.05, for a total value of $18,512,500.00. The disclosure for this sale can be found here. Insiders own 22.01% of the company’s stock.

Institutional investors and hedge funds have recently modified their holdings of the business. The Manufacturers Life Insurance Company increased its holdings in Choice Hotels International by 6.9% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,651 shares of the company’s stock worth $106,000 after purchasing an additional 106 shares in the last quarter. Quantbot Technologies LP purchased a new position in shares of Choice Hotels International in the 2nd quarter worth approximately $108,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Choice Hotels International by 43.5% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,311 shares of the company’s stock worth $179,000 after buying an additional 700 shares during the last quarter. State of Alaska Department of Revenue purchased a new position in shares of Choice Hotels International in the 4th quarter worth approximately $186,000. Finally, New York State Teachers Retirement System purchased a new position in shares of Choice Hotels International in the 3rd quarter worth approximately $192,000. 50.84% of the stock is owned by hedge funds and other institutional investors.

Shares of Choice Hotels International (CHH) traded down $2.00 during trading on Friday, reaching $79.60. The company had a trading volume of 82,083 shares, compared to its average volume of 190,404. Choice Hotels International has a twelve month low of $55.10 and a twelve month high of $82.85. The company has a market cap of $4,618.06, a price-to-earnings ratio of 29.48, a price-to-earnings-growth ratio of 1.96 and a beta of 1.16. The company has a debt-to-equity ratio of -3.99, a current ratio of 1.67 and a quick ratio of 1.67.

Choice Hotels International (NYSE:CHH) last issued its earnings results on Monday, November 6th. The company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.92 by $0.03. Choice Hotels International had a negative return on equity of 60.41% and a net margin of 15.66%. The business had revenue of $295.09 million during the quarter, compared to analyst estimates of $288.50 million. During the same period in the previous year, the company posted $0.84 EPS. The firm’s revenue was up 10.3% compared to the same quarter last year. sell-side analysts predict that Choice Hotels International will post 2.89 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 17th. Shareholders of record on Tuesday, January 2nd were issued a dividend of $0.215 per share. This represents a $0.86 dividend on an annualized basis and a yield of 1.08%. The ex-dividend date was Friday, December 29th. Choice Hotels International’s dividend payout ratio is currently 31.85%.

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About Choice Hotels International

Choice Hotels International, Inc is a hotel franchisor. The Company’s segments include Hotel Franchising, SkyTouch Technology and Corporate & Other. It franchises lodging properties under brand names, including Comfort Inn, Comfort Suites, Quality, Clarion, Sleep Inn, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Extended Stay Hotel, Cambria hotels & suites, and Ascend Hotel Collection.

Analyst Recommendations for Choice Hotels International (NYSE:CHH)

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