Choice Hotels International, Inc. (NYSE:CHH) Shares Purchased by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. raised its holdings in Choice Hotels International, Inc. (NYSE:CHH) by 20.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,288 shares of the company’s stock after purchasing an additional 385 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Choice Hotels International were worth $298,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC boosted its stake in shares of Choice Hotels International by 144.4% in the first quarter. Allspring Global Investments Holdings LLC now owns 198 shares of the company’s stock valued at $25,000 after buying an additional 117 shares in the last quarter. Blue Trust Inc. lifted its holdings in Choice Hotels International by 307.4% in the second quarter. Blue Trust Inc. now owns 220 shares of the company’s stock valued at $28,000 after acquiring an additional 166 shares during the period. Covestor Ltd boosted its position in shares of Choice Hotels International by 163.2% during the 1st quarter. Covestor Ltd now owns 229 shares of the company’s stock worth $29,000 after purchasing an additional 142 shares in the last quarter. Tortoise Investment Management LLC grew its stake in shares of Choice Hotels International by 129.4% during the 2nd quarter. Tortoise Investment Management LLC now owns 250 shares of the company’s stock worth $30,000 after purchasing an additional 141 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. increased its holdings in shares of Choice Hotels International by 1,146.9% in the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 399 shares of the company’s stock valued at $47,000 after purchasing an additional 367 shares in the last quarter. Institutional investors and hedge funds own 65.57% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on CHH. Barclays upped their target price on shares of Choice Hotels International from $112.00 to $123.00 and gave the stock an “underweight” rating in a research report on Tuesday, November 5th. The Goldman Sachs Group raised their price objective on Choice Hotels International from $105.00 to $118.00 and gave the company a “sell” rating in a research note on Tuesday, November 5th. Robert W. Baird lifted their price objective on Choice Hotels International from $138.00 to $145.00 and gave the stock an “outperform” rating in a report on Wednesday, November 6th. Deutsche Bank Aktiengesellschaft upped their target price on Choice Hotels International from $113.00 to $114.00 and gave the company a “hold” rating in a report on Tuesday, November 5th. Finally, Susquehanna lifted their price target on Choice Hotels International from $125.00 to $130.00 and gave the stock a “neutral” rating in a research note on Thursday, November 7th. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, Choice Hotels International presently has a consensus rating of “Hold” and a consensus price target of $130.00.

Insider Buying and Selling at Choice Hotels International

In related news, CEO Patrick Pacious sold 10,025 shares of Choice Hotels International stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $120.37, for a total value of $1,206,709.25. Following the transaction, the chief executive officer now owns 404,666 shares in the company, valued at approximately $48,709,646.42. This trade represents a 2.42 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Simone Wu sold 7,840 shares of the firm’s stock in a transaction dated Thursday, September 19th. The stock was sold at an average price of $130.08, for a total value of $1,019,827.20. Following the completion of the transaction, the senior vice president now owns 45,669 shares in the company, valued at approximately $5,940,623.52. This trade represents a 14.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 71,437 shares of company stock worth $9,788,980 in the last 90 days. 24.02% of the stock is owned by company insiders.

Choice Hotels International Stock Performance

Shares of NYSE CHH opened at $146.23 on Monday. The company has a debt-to-equity ratio of 177.75, a current ratio of 0.71 and a quick ratio of 0.71. The company has a market cap of $6.86 billion, a PE ratio of 28.01, a price-to-earnings-growth ratio of 2.31 and a beta of 1.24. The company has a 50-day simple moving average of $134.40 and a 200-day simple moving average of $125.63. Choice Hotels International, Inc. has a 12 month low of $108.91 and a 12 month high of $149.75.

Choice Hotels International (NYSE:CHH) last released its earnings results on Monday, November 4th. The company reported $2.23 EPS for the quarter, topping the consensus estimate of $1.92 by $0.31. Choice Hotels International had a net margin of 16.27% and a negative return on equity of 659.01%. The firm had revenue of $428.00 million during the quarter, compared to analysts’ expectations of $432.62 million. During the same period in the previous year, the company earned $1.82 EPS. Choice Hotels International’s revenue for the quarter was up .6% on a year-over-year basis. On average, equities analysts anticipate that Choice Hotels International, Inc. will post 6.83 earnings per share for the current year.

Choice Hotels International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 16th. Shareholders of record on Tuesday, October 1st were paid a $0.2875 dividend. This represents a $1.15 dividend on an annualized basis and a yield of 0.79%. The ex-dividend date was Tuesday, October 1st. Choice Hotels International’s payout ratio is 22.03%.

Choice Hotels International Profile

Choice Hotels International, Inc, together with its subsidiaries, operates as a hotel franchisor in the United States and internationally. It operates through Hotel Franchising & Management and Corporate & Other segments. The company franchises lodging properties under the brand names of Comfort Inn, Comfort Suites, Quality, Clarion, Clarion Pointe, Sleep Inn, Ascend Hotel Collection, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Studios, WoodSpring Suites, Everhome Suites, Cambria Hotels, Radisson Blu, Radisson RED, Radisson, Park Plaza, Country Inn & Suites by Radisson, Radisson Inn & Suites, Park Inn by Radisson, Radisson Individuals, and Radisson Collection.