Choice Hotels International, Inc. (NYSE:CHH) Stock Holdings Raised by Aurora Investment Managers LLC.

Aurora Investment Managers LLC. raised its stake in Choice Hotels International, Inc. (NYSE:CHH) by 0.9% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 12,465 shares of the company’s stock after purchasing an additional 113 shares during the period. Aurora Investment Managers LLC.’s holdings in Choice Hotels International were worth $1,624,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Bleakley Financial Group LLC bought a new stake in shares of Choice Hotels International in the 3rd quarter worth about $261,000. Heritage Family Offices LLP increased its position in shares of Choice Hotels International by 45.0% in the 3rd quarter. Heritage Family Offices LLP now owns 3,074 shares of the company’s stock worth $401,000 after purchasing an additional 954 shares during the last quarter. Creative Planning increased its position in shares of Choice Hotels International by 28.1% in the 3rd quarter. Creative Planning now owns 2,443 shares of the company’s stock worth $318,000 after purchasing an additional 536 shares during the last quarter. LVW Advisors LLC increased its position in shares of Choice Hotels International by 52.8% in the 3rd quarter. LVW Advisors LLC now owns 6,038 shares of the company’s stock worth $787,000 after purchasing an additional 2,086 shares during the last quarter. Finally, Watts Gwilliam & Co. LLC bought a new stake in shares of Choice Hotels International in the 3rd quarter worth about $405,000. Institutional investors own 65.57% of the company’s stock.

Choice Hotels International Stock Performance

Choice Hotels International stock traded down $0.22 during midday trading on Friday, reaching $133.93. 5,025 shares of the stock traded hands, compared to its average volume of 484,533. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 177.75. The firm has a fifty day moving average price of $127.44 and a two-hundred day moving average price of $122.53. The firm has a market cap of $6.45 billion, a price-to-earnings ratio of 28.64, a PEG ratio of 2.20 and a beta of 1.25. Choice Hotels International, Inc. has a fifty-two week low of $108.91 and a fifty-two week high of $136.00.

Choice Hotels International (NYSE:CHH) last issued its quarterly earnings results on Thursday, August 8th. The company reported $1.84 earnings per share for the quarter, missing analysts’ consensus estimates of $1.86 by ($0.02). The company had revenue of $435.20 million during the quarter, compared to analyst estimates of $438.29 million. Choice Hotels International had a negative return on equity of 3,953.67% and a net margin of 15.42%. The company’s revenue was up 1.8% on a year-over-year basis. During the same period in the prior year, the company posted $1.75 earnings per share. On average, equities research analysts forecast that Choice Hotels International, Inc. will post 6.38 earnings per share for the current year.

Choice Hotels International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 16th. Stockholders of record on Tuesday, October 1st were paid a $0.2875 dividend. This represents a $1.15 dividend on an annualized basis and a dividend yield of 0.86%. The ex-dividend date was Tuesday, October 1st. Choice Hotels International’s dividend payout ratio is currently 24.68%.

Insider Transactions at Choice Hotels International

In other news, EVP Dominic Dragisich sold 9,138 shares of the company’s stock in a transaction that occurred on Friday, October 11th. The shares were sold at an average price of $134.88, for a total value of $1,232,533.44. Following the completion of the sale, the executive vice president now directly owns 68,509 shares of the company’s stock, valued at approximately $9,240,493.92. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, CEO Patrick Pacious sold 10,025 shares of the business’s stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of $120.37, for a total value of $1,206,709.25. Following the sale, the chief executive officer now directly owns 404,666 shares in the company, valued at $48,709,646.42. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Dominic Dragisich sold 9,138 shares of the business’s stock in a transaction that occurred on Friday, October 11th. The stock was sold at an average price of $134.88, for a total transaction of $1,232,533.44. Following the completion of the sale, the executive vice president now owns 68,509 shares in the company, valued at $9,240,493.92. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 37,429 shares of company stock valued at $4,866,493. Company insiders own 24.02% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on CHH. UBS Group decreased their price target on shares of Choice Hotels International from $126.00 to $125.00 and set a “neutral” rating for the company in a report on Friday, August 9th. Truist Financial decreased their price target on shares of Choice Hotels International from $144.00 to $134.00 and set a “hold” rating for the company in a report on Wednesday, September 4th. JPMorgan Chase & Co. lowered shares of Choice Hotels International from a “neutral” rating to an “underweight” rating and set a $120.00 price target for the company. in a report on Friday, July 19th. StockNews.com raised shares of Choice Hotels International from a “sell” rating to a “hold” rating in a report on Thursday, October 3rd. Finally, Susquehanna began coverage on shares of Choice Hotels International in a report on Friday, June 21st. They issued a “neutral” rating and a $125.00 price target for the company. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $125.64.

Choice Hotels International Company 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.