UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases 9,474 Shares of Choice Hotels International, Inc. (NYSE:CHH)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Choice Hotels International, Inc. (NYSE:CHH - Free Report) by 10.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 99,625 shares of the company's stock after acquiring an additional 9,474 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.21% of Choice Hotels International worth $14,145,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. CIBC Private Wealth Group LLC boosted its position in shares of Choice Hotels International by 30.3% during the fourth quarter. CIBC Private Wealth Group LLC now owns 370 shares of the company's stock valued at $52,000 after purchasing an additional 86 shares in the last quarter. Tortoise Investment Management LLC lifted its position in Choice Hotels International by 55.8% during the fourth quarter. Tortoise Investment Management LLC now owns 430 shares of the company's stock valued at $61,000 after buying an additional 154 shares during the period. Skandinaviska Enskilda Banken AB publ boosted its holdings in shares of Choice Hotels International by 836.2% during the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 440 shares of the company's stock valued at $62,000 after buying an additional 393 shares in the last quarter. Harvest Fund Management Co. Ltd bought a new stake in shares of Choice Hotels International during the 4th quarter valued at $62,000. Finally, Millstone Evans Group LLC purchased a new stake in shares of Choice Hotels International in the 4th quarter worth about $65,000. Hedge funds and other institutional investors own 65.57% of the company's stock.

Choice Hotels International Stock Up 0.9%

Shares of Choice Hotels International stock traded up $1.13 on Tuesday, reaching $125.42. The company's stock had a trading volume of 28,647 shares, compared to its average volume of 390,629. Choice Hotels International, Inc. has a 52 week low of $111.62 and a 52 week high of $157.86. The firm's fifty day simple moving average is $126.61 and its two-hundred day simple moving average is $137.92. The company has a market capitalization of $5.82 billion, a price-to-earnings ratio of 20.13, a P/E/G ratio of 1.90 and a beta of 0.97.

Choice Hotels International (NYSE:CHH - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The company reported $1.34 EPS for the quarter, missing the consensus estimate of $1.38 by ($0.04). Choice Hotels International had a net margin of 18.91% and a negative return on equity of 472.31%. The business had revenue of $332.86 million for the quarter, compared to analysts' expectations of $348.52 million. During the same period last year, the business earned $1.28 earnings per share. The company's quarterly revenue was up .3% on a year-over-year basis. As a group, research analysts predict that Choice Hotels International, Inc. will post 7.07 EPS for the current year.

Choice Hotels International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 16th. Stockholders of record on Tuesday, July 1st will be issued a dividend of $0.2875 per share. The ex-dividend date of this dividend is Tuesday, July 1st. This represents a $1.15 annualized dividend and a dividend yield of 0.92%. Choice Hotels International's payout ratio is 17.56%.

Insider Activity at Choice Hotels International

In other Choice Hotels International news, Director Ervin R. Shames sold 2,000 shares of the business's stock in a transaction on Monday, May 19th. The shares were sold at an average price of $129.56, for a total transaction of $259,120.00. Following the completion of the sale, the director now directly owns 52,212 shares in the company, valued at approximately $6,764,586.72. The trade was a 3.69% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 23.78% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on CHH. Morgan Stanley lowered their price target on shares of Choice Hotels International from $124.00 to $115.00 and set an "underweight" rating for the company in a research report on Tuesday, April 22nd. Robert W. Baird lowered their target price on shares of Choice Hotels International from $150.00 to $145.00 and set an "outperform" rating for the company in a report on Monday, May 19th. Wells Fargo & Company dropped their price target on Choice Hotels International from $138.00 to $137.00 and set an "underweight" rating on the stock in a research report on Tuesday, March 4th. Susquehanna set a $140.00 price target on Choice Hotels International and gave the stock a "neutral" rating in a research note on Friday, May 16th. Finally, Truist Financial lowered their price objective on Choice Hotels International from $144.00 to $128.00 and set a "hold" rating for the company in a research note on Friday. Four analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $132.15.

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.