Scott Oaksmith Sells 2,000 Shares of Choice Hotels International (NYSE:CHH) Stock

Choice Hotels International, Inc. (NYSE:CHHGet Free Report) CFO Scott Oaksmith sold 2,000 shares of the stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $110.00, for a total value of $220,000.00. Following the sale, the chief financial officer directly owned 35,172 shares of the company’s stock, valued at $3,868,920. The trade was a 5.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Choice Hotels International Stock Up 3.7%

Choice Hotels International stock opened at $116.17 on Wednesday. Choice Hotels International, Inc. has a twelve month low of $84.04 and a twelve month high of $136.45. The stock has a 50 day moving average of $111.21 and a two-hundred day moving average of $104.44. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 14.58. The stock has a market capitalization of $5.28 billion, a price-to-earnings ratio of 15.66, a PEG ratio of 5.36 and a beta of 0.67.

Choice Hotels International (NYSE:CHHGet Free Report) last posted its quarterly earnings data on Thursday, April 30th. The company reported $1.07 earnings per share for the quarter, missing analysts’ consensus estimates of $1.35 by ($0.28). Choice Hotels International had a return on equity of 281.98% and a net margin of 21.55%.The company had revenue of $340.58 million for the quarter, compared to analyst estimates of $333.48 million. During the same period in the previous year, the business posted $1.34 earnings per share. The firm’s revenue was up 2.3% compared to the same quarter last year. Choice Hotels International has set its FY 2026 guidance at 6.920-7.140 EPS. As a group, research analysts expect that Choice Hotels International, Inc. will post 7.11 earnings per share for the current year.

Choice Hotels International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st will be given a dividend of $0.2875 per share. This represents a $1.15 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Wednesday, July 1st. Choice Hotels International’s dividend payout ratio (DPR) is presently 15.50%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft set a $114.00 price target on Choice Hotels International in a report on Monday, May 4th. Barclays reduced their price target on Choice Hotels International from $112.00 to $100.00 and set an “underweight” rating for the company in a report on Thursday, April 30th. Morgan Stanley reduced their price target on Choice Hotels International from $87.00 to $86.00 and set an “underweight” rating for the company in a report on Tuesday, May 12th. Robert W. Baird set a $128.00 price target on Choice Hotels International in a report on Monday, May 11th. Finally, Wells Fargo & Company raised their price target on Choice Hotels International from $91.00 to $110.00 and gave the company an “underweight” rating in a report on Friday, February 20th. Two investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, Choice Hotels International has an average rating of “Reduce” and a consensus target price of $111.67.

Read Our Latest Stock Analysis on CHH

Institutional Trading of Choice Hotels International

Hedge funds have recently modified their holdings of the business. Bamco Inc. NY raised its holdings in Choice Hotels International by 37.8% during 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 last quarter. Vanguard Group Inc. raised its holdings in Choice Hotels International by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 2,331,972 shares of the company’s stock worth $222,144,000 after purchasing an additional 27,032 shares during the last quarter. Wellington Management Group LLP raised its holdings in Choice Hotels International by 55.1% during the fourth quarter. Wellington Management Group LLP now owns 574,630 shares of the company’s stock worth $54,739,000 after purchasing an additional 204,146 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in Choice Hotels International by 151.5% during 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 during the last quarter. Finally, Geode Capital Management LLC raised its holdings in Choice Hotels International by 1.5% during the fourth quarter. Geode Capital Management LLC now owns 431,916 shares of the company’s stock worth $41,151,000 after purchasing an additional 6,422 shares during the last quarter. 65.57% of the stock is owned by institutional investors and hedge funds.

Choice Hotels International Company Profile

(Get Free Report)

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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