Choice Hotels International, Inc. (NYSE:CHH) Holdings Decreased by Securian Asset Management Inc.

Securian Asset Management Inc. trimmed its holdings in shares of Choice Hotels International, Inc. (NYSE:CHH) by 7.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,101 shares of the company’s stock after selling 161 shares during the period. Securian Asset Management Inc.’s holdings in Choice Hotels International were worth $238,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of CHH. Cambridge Investment Research Advisors Inc. acquired a new position in shares of Choice Hotels International in the 3rd quarter valued at about $200,000. Fifth Third Bancorp increased its stake in Choice Hotels International by 42.2% in the 3rd quarter. Fifth Third Bancorp now owns 566 shares of the company’s stock valued at $69,000 after buying an additional 168 shares during the period. M&T Bank Corp lifted its position in Choice Hotels International by 2.1% in the 3rd quarter. M&T Bank Corp now owns 5,348 shares of the company’s stock worth $655,000 after buying an additional 109 shares in the last quarter. Signaturefd LLC boosted its stake in shares of Choice Hotels International by 143.5% during the 3rd quarter. Signaturefd LLC now owns 577 shares of the company’s stock valued at $71,000 after buying an additional 340 shares during the period. Finally, Capula Management Ltd purchased a new position in shares of Choice Hotels International during the 3rd quarter valued at $483,000. 65.57% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on CHH. Jefferies Financial Group raised Choice Hotels International from an “underperform” rating to a “buy” rating and lifted their price objective for the company from $96.00 to $156.00 in a research report on Monday, March 11th. Robert W. Baird lowered their price target on Choice Hotels International from $140.00 to $137.00 and set an “outperform” rating for the company in a research note on Wednesday, April 24th. Barclays cut their price objective on shares of Choice Hotels International from $122.00 to $114.00 and set an “underweight” rating on the stock in a research report on Friday, April 19th. StockNews.com downgraded shares of Choice Hotels International from a “hold” rating to a “sell” rating in a research report on Wednesday, February 21st. Finally, Truist Financial raised their price target on shares of Choice Hotels International from $142.00 to $146.00 and gave the company a “hold” rating in a report on Thursday, March 14th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Choice Hotels International presently has an average rating of “Hold” and an average target price of $129.70.

Choice Hotels International Price Performance

NYSE CHH opened at $115.09 on Friday. Choice Hotels International, Inc. has a 1 year low of $108.91 and a 1 year high of $136.02. The company has a fifty day simple moving average of $121.32 and a 200 day simple moving average of $117.61. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 177.75. The company has a market cap of $5.54 billion, a P/E ratio of 24.70, a P/E/G ratio of 2.02 and a beta of 1.21.

Choice Hotels International (NYSE:CHH) last issued its quarterly earnings results on Wednesday, May 8th. The company reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.15 by $0.13. Choice Hotels International had a return on equity of 748.46% and a net margin of 15.34%. The company had revenue of $331.90 million for the quarter, compared to the consensus estimate of $343.04 million. During the same period last year, the business posted $1.12 earnings per share. The firm’s revenue was down .6% compared to the same quarter last year. On average, sell-side analysts predict that Choice Hotels International, Inc. will post 6.45 EPS for the current year.

Choice Hotels International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 16th. Stockholders of record on Monday, July 1st will be issued a dividend of $0.2875 per share. The ex-dividend date of this dividend is Monday, July 1st. This represents a $1.15 dividend on an annualized basis and a dividend yield of 1.00%. Choice Hotels International’s dividend payout ratio (DPR) is presently 24.68%.

About Choice Hotels International

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.