Choice Hotels International, Inc. (NYSE:CHH) Insider Sells $845,770.64 in Stock

Choice Hotels International, Inc. (NYSE:CHH) insider Elizabeth A. Redmond sold 6,721 shares of the firm’s stock in a transaction dated Thursday, September 23rd. The shares were sold at an average price of $125.84, for a total value of $845,770.64. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Elizabeth A. Redmond also recently made the following trade(s):

  • On Friday, August 27th, Elizabeth A. Redmond sold 3,350 shares of Choice Hotels International stock. The shares were sold at an average price of $120.28, for a total value of $402,938.00.

NYSE CHH traded up $0.94 during trading on Friday, hitting $127.39. The stock had a trading volume of 162,164 shares, compared to its average volume of 226,494. The company has a debt-to-equity ratio of 10.10, a quick ratio of 1.92 and a current ratio of 1.92. The stock has a market capitalization of $7.09 billion, a price-to-earnings ratio of 54.27, a P/E/G ratio of 0.90 and a beta of 1.49. Choice Hotels International, Inc. has a one year low of $82.59 and a one year high of $128.21. The stock has a 50 day simple moving average of $118.75 and a 200 day simple moving average of $116.36.

Choice Hotels International (NYSE:CHH) last announced its quarterly earnings data on Thursday, August 5th. The company reported $1.22 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.91 by $0.31. The business had revenue of $278.34 million during the quarter, compared to the consensus estimate of $298.86 million. Choice Hotels International had a net margin of 15.09% and a return on equity of 683.02%. On average, sell-side analysts predict that Choice Hotels International, Inc. will post 3.81 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 15th. Shareholders of record on Friday, October 1st will be paid a $0.225 dividend. This represents a $0.90 annualized dividend and a yield of 0.71%. The ex-dividend date of this dividend is Thursday, September 30th. Choice Hotels International’s payout ratio is currently 40.54%.

A number of research analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft increased their price target on shares of Choice Hotels International from $105.00 to $113.00 and gave the company a “hold” rating in a report on Friday, August 6th. They noted that the move was a valuation call. TheStreet raised shares of Choice Hotels International from a “c” rating to a “b” rating in a report on Thursday, August 5th. Finally, Zacks Investment Research raised shares of Choice Hotels International from a “hold” rating to a “buy” rating and set a $118.00 price target for the company in a report on Tuesday, July 20th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, Choice Hotels International presently has an average rating of “Hold” and an average price target of $104.00.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Envestnet Asset Management Inc. lifted its stake in Choice Hotels International by 13.0% in the second quarter. Envestnet Asset Management Inc. now owns 17,991 shares of the company’s stock worth $2,138,000 after purchasing an additional 2,065 shares during the last quarter. Principal Financial Group Inc. increased its position in shares of Choice Hotels International by 2.4% during the first quarter. Principal Financial Group Inc. now owns 1,227,318 shares of the company’s stock worth $131,679,000 after acquiring an additional 28,455 shares during the period. Thrivent Financial for Lutherans increased its position in shares of Choice Hotels International by 555.8% during the first quarter. Thrivent Financial for Lutherans now owns 162,530 shares of the company’s stock worth $17,438,000 after acquiring an additional 137,745 shares during the period. Holocene Advisors LP purchased a new position in shares of Choice Hotels International during the first quarter worth approximately $1,950,000. Finally, Capital Analysts LLC increased its position in shares of Choice Hotels International by 11.3% during the first quarter. Capital Analysts LLC now owns 909 shares of the company’s stock worth $98,000 after acquiring an additional 92 shares during the period. 58.40% of the stock is owned by institutional investors and hedge funds.

Choice Hotels International Company Profile

Choice Hotels International, Inc engages in the franchising and operations of hotels. It operates through Hotel Franchising, and Corporate and Other segments. The Hotel Franchising segment refers to the hotel franchising operations consisting of the company’s several hotel brands. The Corporate and Other segment deals with hotel revenues and rental income related to office building owned by the company.

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Insider Buying and Selling by Quarter for Choice Hotels International (NYSE:CHH)

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