Choice Hotels International Inc (NYSE:CHH) insider Patrick Cimerola sold 5,180 shares of Choice Hotels International stock in a transaction on Thursday, September 20th. The shares were sold at an average price of $83.05, for a total transaction of $430,199.00. Following the completion of the transaction, the insider now owns 26,009 shares in the company, valued at $2,160,047.45. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of Choice Hotels International stock opened at $82.80 on Wednesday. Choice Hotels International Inc has a 52-week low of $62.95 and a 52-week high of $85.35. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of -3.90. The stock has a market cap of $4.71 billion, a PE ratio of 28.75, a PEG ratio of 2.60 and a beta of 1.06.

Choice Hotels International (NYSE:CHH) last issued its earnings results on Wednesday, August 8th. The company reported $1.11 earnings per share for the quarter, topping the consensus estimate of $1.04 by $0.07. Choice Hotels International had a net margin of 14.08% and a negative return on equity of 87.57%. The company had revenue of $295.40 million for the quarter, compared to analyst estimates of $307.89 million. During the same period in the prior year, the business posted $0.79 earnings per share. The firm’s revenue for the quarter was up 13.2% compared to the same quarter last year. equities analysts anticipate that Choice Hotels International Inc will post 3.76 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 17th. Shareholders of record on Tuesday, October 2nd will be given a dividend of $0.215 per share. The ex-dividend date of this dividend is Monday, October 1st. This represents a $0.86 annualized dividend and a yield of 1.04%. Choice Hotels International’s payout ratio is currently 29.86%.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Aperio Group LLC grew its position in Choice Hotels International by 8.9% during the first quarter. Aperio Group LLC now owns 9,112 shares of the company’s stock worth $730,000 after buying an additional 741 shares during the period. Schroder Investment Management Group grew its position in Choice Hotels International by 6.9% during the second quarter. Schroder Investment Management Group now owns 13,774 shares of the company’s stock worth $1,034,000 after buying an additional 885 shares during the period. Amalgamated Bank grew its position in Choice Hotels International by 13.7% during the second quarter. Amalgamated Bank now owns 8,107 shares of the company’s stock worth $613,000 after buying an additional 979 shares during the period. State of Alaska Department of Revenue grew its position in Choice Hotels International by 32.2% during the second quarter. State of Alaska Department of Revenue now owns 4,060 shares of the company’s stock worth $306,000 after buying an additional 990 shares during the period. Finally, Xact Kapitalforvaltning AB grew its position in Choice Hotels International by 23.2% during the second quarter. Xact Kapitalforvaltning AB now owns 5,851 shares of the company’s stock worth $442,000 after buying an additional 1,100 shares during the period. Institutional investors own 54.69% of the company’s stock.

A number of brokerages have recently issued reports on CHH. ValuEngine lowered shares of Choice Hotels International from a “buy” rating to a “hold” rating in a research note on Wednesday, June 20th. Longbow Research began coverage on shares of Choice Hotels International in a research note on Friday, September 7th. They set a “buy” rating and a $95.00 price target on the stock. Jefferies Financial Group began coverage on shares of Choice Hotels International in a research note on Thursday, May 31st. They set a “hold” rating and a $85.00 price target on the stock. Zacks Investment Research lowered shares of Choice Hotels International from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 18th. Finally, Wells Fargo & Co reiterated a “hold” rating on shares of Choice Hotels International in a research note on Thursday, August 9th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the stock. Choice Hotels International currently has a consensus rating of “Hold” and a consensus price target of $83.22.

Choice Hotels International Company Profile

Choice Hotels International, Inc, together with its subsidiaries, operates as a hotel franchisor worldwide. It operates through Hotel Franchising and SkyTouch Technology segments. The company franchises lodging properties under the brand names of 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.

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