Insider Selling: Choice Hotels International (NYSE:CHH) CFO Sells $60,042.00 in Stock

Choice Hotels International, Inc. (NYSE:CHHGet Free Report) CFO Scott Oaksmith sold 600 shares of Choice Hotels International stock in a transaction on Tuesday, March 17th. The stock was sold at an average price of $100.07, for a total value of $60,042.00. Following the completion of the sale, the chief financial officer directly owned 38,775 shares of the company’s stock, valued at $3,880,214.25. The trade was a 1.52% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Choice Hotels International Stock Down 1.7%

Choice Hotels International stock opened at $97.85 on Friday. Choice Hotels International, Inc. has a one year low of $84.04 and a one year high of $136.45. The stock has a fifty day moving average of $104.83 and a 200 day moving average of $101.16. The company has a debt-to-equity ratio of 10.52, a quick ratio of 0.87 and a current ratio of 0.87. The stock has a market cap of $4.50 billion, a PE ratio of 12.35, a price-to-earnings-growth ratio of 4.34 and a beta of 0.75.

Choice Hotels International (NYSE:CHHGet Free Report) last announced its earnings results on Thursday, February 19th. The company reported $1.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.56 by $0.04. The business had revenue of $390.15 million for the quarter, compared to analysts’ expectations of $369.26 million. Choice Hotels International had a return on equity of 541.07% and a net margin of 23.17%.The business’s revenue for the quarter was up .0% on a year-over-year basis. During the same period last year, the firm posted $1.55 earnings per share. Choice Hotels International has set its FY 2026 guidance at 6.920-7.140 EPS. As a group, sell-side analysts predict that Choice Hotels International, Inc. will post 7.07 EPS for the current year.

Choice Hotels International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Wednesday, April 1st will be issued a $0.2875 dividend. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a $1.15 dividend on an annualized basis and a dividend yield of 1.2%. Choice Hotels International’s dividend payout ratio (DPR) is presently 14.52%.

Hedge Funds Weigh In On Choice Hotels International

Several large investors have recently added to or reduced their stakes in the company. Bamco Inc. NY boosted its position in shares of Choice Hotels International by 37.8% in the fourth quarter. Bamco Inc. NY now owns 7,386,575 shares of the company’s stock worth $703,645,000 after purchasing an additional 2,026,679 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of Choice Hotels International by 151.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 512,628 shares of the company’s stock worth $48,833,000 after purchasing an additional 308,771 shares in the last quarter. Norges Bank bought a new stake in shares of Choice Hotels International during the 4th quarter valued at $28,910,000. Rock Creek Group LP raised its position in shares of Choice Hotels International by 52.3% during the 2nd quarter. Rock Creek Group LP now owns 811,579 shares of the company’s stock valued at $102,973,000 after purchasing an additional 278,715 shares during the period. Finally, Wellington Management Group LLP lifted its stake in shares of Choice Hotels International by 55.1% during the 4th quarter. Wellington Management Group LLP now owns 574,630 shares of the company’s stock valued at $54,739,000 after buying an additional 204,146 shares in the last quarter. Hedge funds and other institutional investors own 65.57% of the company’s stock.

Analyst Ratings Changes

A number of analysts have commented on the stock. JPMorgan Chase & Co. upped their target price on shares of Choice Hotels International from $95.00 to $102.00 and gave the company a “neutral” rating in a report on Tuesday, February 3rd. Barclays lifted their price target on shares of Choice Hotels International from $98.00 to $101.00 and gave the stock an “underweight” rating in a research note on Friday, February 20th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $119.00 price objective on shares of Choice Hotels International in a research note on Friday, February 20th. Morgan Stanley decreased their target price on Choice Hotels International from $91.00 to $83.00 and set an “underweight” rating on the stock in a report on Tuesday, March 10th. Finally, Truist Financial set a $126.00 target price on Choice Hotels International and gave the company a “buy” rating in a research report on Friday, January 9th. Two research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Choice Hotels International presently has a consensus rating of “Reduce” and an average price target of $111.36.

View Our Latest Report on Choice Hotels International

Choice Hotels International Company Profile

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Choice Hotels International, Inc is a hospitality franchisor specializing in the development and support of lodging brands across the economy, midscale and upscale segments. Through a network of franchisees, Choice Hotels supplies proprietary reservation and distribution systems, comprehensive marketing programs, and operational support services. The company’s core activities include brand management, franchise development, and technology-driven revenue optimization tools designed to enhance guest acquisition and retention for its partners.

Founded in 1939 as Quality Courts United, the company rebranded to Choice Hotels International in 1982 to reflect its expanding brand portfolio and global ambitions.

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

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