Choice Hotels International Inc (NYSE:CHH) SVP Simone Wu sold 24,773 shares of Choice Hotels International stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $83.67, for a total value of $2,072,756.91. Following the transaction, the senior vice president now owns 53,255 shares in the company, valued at approximately $4,455,845.85. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

NYSE CHH opened at $84.07 on Monday. Choice Hotels International Inc has a 52 week low of $66.71 and a 52 week high of $87.25. The firm has a market cap of $4.68 billion, a PE ratio of 21.61, a P/E/G ratio of 2.03 and a beta of 1.10.

Choice Hotels International (NYSE:CHH) last posted its quarterly earnings results on Thursday, May 9th. The company reported $0.84 EPS for the quarter, topping the consensus estimate of $0.75 by $0.09. The business had revenue of $218.30 million for the quarter, compared to analyst estimates of $221.84 million. Choice Hotels International had a negative return on equity of 124.30% and a net margin of 21.08%. The company’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.67 EPS. As a group, research analysts expect that Choice Hotels International Inc will post 4.18 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 17th. Investors of record on Tuesday, July 2nd will be given a dividend of $0.215 per share. This represents a $0.86 dividend on an annualized basis and a dividend yield of 1.02%. The ex-dividend date is Monday, July 1st. Choice Hotels International’s payout ratio is 22.11%.

Several large investors have recently modified their holdings of the stock. Bank of New York Mellon Corp grew its holdings in shares of Choice Hotels International by 0.9% during the 3rd quarter. Bank of New York Mellon Corp now owns 212,175 shares of the company’s stock valued at $17,675,000 after purchasing an additional 1,925 shares during the last quarter. Morgan Stanley grew its holdings in shares of Choice Hotels International by 692.0% during the 3rd quarter. Morgan Stanley now owns 307,370 shares of the company’s stock valued at $25,604,000 after purchasing an additional 268,559 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Choice Hotels International by 1.8% during the 3rd quarter. Vanguard Group Inc. now owns 2,924,825 shares of the company’s stock valued at $243,638,000 after purchasing an additional 50,729 shares during the last quarter. Federated Investors Inc. PA grew its holdings in shares of Choice Hotels International by 18.8% during the 3rd quarter. Federated Investors Inc. PA now owns 93,272 shares of the company’s stock valued at $7,770,000 after purchasing an additional 14,730 shares during the last quarter. Finally, Legal & General Group Plc grew its holdings in shares of Choice Hotels International by 2.3% during the 3rd quarter. Legal & General Group Plc now owns 16,523 shares of the company’s stock valued at $1,376,000 after purchasing an additional 366 shares during the last quarter. 59.24% of the stock is owned by hedge funds and other institutional investors.

CHH has been the topic of several analyst reports. Deutsche Bank reiterated a “hold” rating and set a $76.00 price target on shares of Choice Hotels International in a report on Sunday, February 17th. SunTrust Banks lifted their price target on Choice Hotels International from $80.00 to $87.00 and gave the stock a “hold” rating in a report on Tuesday, February 19th. Finally, Zacks Investment Research lowered Choice Hotels International from a “buy” rating to a “hold” rating in a report on Friday, April 26th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $82.88.

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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 Corporate & Other segments. The company 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, Cambria Hotels, V8 Hotel Köln @Motorworld, Quality Hotel Ostrava, Hotel Aquarius Venice, and Ascend Hotel Collection.

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

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