Choice Hotels International, Inc.’s stock price for UBS Group AG. (NYSE:CHH – Get Ratings ) by 30.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 22,078 shares of the company’s stock after purchasing an additional 5,111 shares during the quarter. UBS Group AG’s holdings in Choice Hotels International were worth $2,487,000 as of its most recent SEC filing.
Several other hedge funds also recently modified their holdings of CHH. Opinions of the company Bessemer Group Inc. raised its stake in Choice Hotels International by 131.7% in the third quarter. Opinions of the company Bessemer Group Inc. now owns 438 shares of the company’s stock valued at $48,000 after purchasing an additional 249 shares during the last quarter. Captrust Financial Advisors raised its stake in shares of Choice Hotels International by 28.0% in the second quarter. Captrust Financial Advisors now owns 599 shares of the company’s stock valued at $67,000 after purchasing an additional 131 shares during the period. Neo Ivy Capital Management acquired a new stake in Choice Hotels International during the third quarter valued at approximately $73,000. Homestead Advisers Corp boosted its stake in Choice Hotels International by 31.2% in the fourth quarter. Homestead Advisers Corp now owns 925 shares of the company’s stock valued at $104,000 after acquiring an additional 220 shares during the period. Finally, Covestor Ltd raised its holdings in Choice Hotels International by 1,855.8% in the first quarter. Covestor Ltd now owns 1,017 shares of the company’s stock valued at $144,000 after acquiring an additional 965 shares in the last quarter. 58.03% of the stock is owned by investors.
Insider Activity at Choice Hotels International
In other Choice Hotels International news, Director William L. Jews sold 2,214 shares of the company’s stock in a transaction dated Friday, March 10th. The shares traded at an average price of $119.46, for a total sale of $264,484.44. Following the sale, the director now owns 23,389 shares in the company, valued at approximately $2,794,049.94. The transaction was disclosed in a filing with the SEC, which is available through the SEC’s website. In other news, Director William L. Jews sold 2,214 shares of the stock in a transaction on Friday, March 10th. The stock was sold at a price of $119.46, for a price of $264,484.44. Following the transaction, the director now owns 23,389 shares of the company’s stock, valued at approximately $2,794,049.94. The transaction was disclosed in a document issued by the SEC, which is available through the SEC website. Also, SVP Scott E. Oaksmith sold 1,680 shares of Choice Hotels International stock in a transaction on Monday, March 6. The stock was sold at a price of $126.05, worth $211,764.00. Following the sale, the vice president now owns 33,394 shares of the company’s stock, valued at $4,209,313.70. Disclosure of this sale can be found here. Investors have sold 4,642 shares of company stock worth $570,459 in the last 90 days. Insiders own 23.07% of the company’s stock.
Choice Hotels International Stock Performance
The lowest price of shares of Choice Hotels International was 115.63 $. The stock has a 50-day moving average of $121.28 and a 200-day moving average of $119.97. The stock has a market cap of $5.90 billion, a price-to-earnings ratio of 19.94, a P/E/G ratio of 1.43 and a beta of 1.28. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt ratio of 29.25. Opinions of the company Choice Hotels International, Inc. it has a 12-month low of $104.15 and a 12-month high of $133.13.
Choice Hotels International (NYSE:CHH – Get Rating ) last announced its earnings results on Tuesday, May 9. The company reported $1.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.08 by $0.04. The company had revenue of $333.80 million for the quarter, compared to estimates of $320.43 million. Choice Hotels International had a margin of 21.50% and a return of 129.67%. Choice Hotels International’s net income increased by 29.5% annually. During the same period last year, the business earned $1.03 per share. On average, analysts expect that Choice Hotels International, Inc. will pay 6 per share in the current fiscal year.
Choice Hotels International Dividend announcement
The company also announced a quarterly dividend, which will be paid on Wednesday, July 19th. Stockholders of record on Wednesday, July 5th will receive a dividend of $0.287 per share. The company paid $1.15 per share last time and the annual yield was 0.99%. The due date is Monday, July 3rd. The company Choice Hotels International Limited contributed 19.83 %.
Researchers Set New Price Targets
A number of analysts have recently weighed in on the company. Truist Financial upped their price target on Choice Hotels International from $120.00 to $132.00 and gave the stock a “hold” rating in a report on Friday, March 24. Morgan Stanley upped their price objective on shares of Choice Hotels International from $130.00 to $134.00 in a research note on Friday, May 12. TheStreet lowered shares of Choice Hotels International from a “b” rating to a “c+” rating in a research report on Tuesday, May 9. Wells Fargo & Company dropped their price target on shares of Choice Hotels International from $122.00 to $113.00 and set an “underperform” rating on the stock in a research note on Thursday. , March 30. Finally, StockNews.com started coverage on shares of Choice Hotels International in a research note on Thursday, May 18th. He gives the company a “hold” rating. Four equities research analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, Choice Hotels International has a consensus rating of “Hold” and an average target price of $122.38.
Company Profile for Choice Hotels International
Choice Hotels International, Inc. specializes in hotel sales and franchising. It operates through Hotel Franchising, and Corporate and Other segments. Hotel Franchising refers to the sale of hotels owned by a company with several hotels. The Corporate and Other segment includes hotel income and rental income related to the company’s office buildings.
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