Natixis Advisors L.P. Trims Stake in Choice Hotels International, Inc. (NYSE:CHH)

Natixis Advisors L.P. decreased its holdings in shares of Choice Hotels International, Inc. (NYSE:CHH - Free Report) by 64.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,963 shares of the company's stock after selling 25,191 shares during the period. Natixis Advisors L.P.'s holdings in Choice Hotels International were worth $1,582,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Commonwealth Equity Services LLC increased its stake in Choice Hotels International by 6.1% in the 3rd quarter. Commonwealth Equity Services LLC now owns 14,041 shares of the company's stock worth $1,720,000 after purchasing an additional 802 shares in the last quarter. Cambridge Investment Research Advisors Inc. acquired a new stake in shares of Choice Hotels International during the third quarter valued at approximately $200,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Choice Hotels International by 9.3% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,521 shares of the company's stock valued at $799,000 after acquiring an additional 553 shares in the last quarter. Park Avenue Securities LLC acquired a new position in Choice Hotels International in the 3rd quarter worth approximately $234,000. Finally, State of Michigan Retirement System grew its position in Choice Hotels International by 1.5% during the 3rd quarter. State of Michigan Retirement System now owns 6,632 shares of the company's stock worth $812,000 after purchasing an additional 100 shares in the last quarter. Institutional investors and hedge funds own 65.57% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. Jefferies Financial Group raised Choice Hotels International from an "underperform" rating to a "buy" rating and raised their target price for the stock from $96.00 to $156.00 in a research report on Monday, March 11th. Barclays lowered their target price on Choice Hotels International from $122.00 to $114.00 and set an "underweight" rating on the stock in a research note on Friday, April 19th. Truist Financial increased their price target on shares of Choice Hotels International from $142.00 to $146.00 and gave the stock a "hold" rating in a research report on Thursday, March 14th. StockNews.com cut shares of Choice Hotels International from a "hold" rating to a "sell" rating in a report on Wednesday, February 21st. Finally, Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Choice Hotels International from $128.00 to $112.00 and set a "hold" rating on the stock in a research note on Thursday, May 9th. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, Choice Hotels International has an average rating of "Hold" and an average target price of $129.70.

Choice Hotels International Trading Up 0.0 %

Shares of Choice Hotels International stock traded up $0.04 during trading hours on Wednesday, hitting $118.37. The company's stock had a trading volume of 474,811 shares, compared to its average volume of 582,687. Choice Hotels International, Inc. has a 12 month low of $108.91 and a 12 month high of $136.02. The company has a debt-to-equity ratio of 177.75, a current ratio of 0.37 and a quick ratio of 0.37. The company has a market capitalization of $5.70 billion, a PE ratio of 25.39, a price-to-earnings-growth ratio of 1.92 and a beta of 1.21. The stock has a 50 day moving average of $122.17 and a 200 day moving average of $117.39.

Choice Hotels International (NYSE:CHH - Get Free Report) last released 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 firm had revenue of $331.90 million for the quarter, compared to the consensus estimate of $343.04 million. During the same quarter last year, the business posted $1.12 EPS. The company's revenue for the quarter was down .6% on a year-over-year basis. Analysts predict that Choice Hotels International, Inc. will post 6.42 earnings per share for the current year.

Choice Hotels International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 17th. Stockholders of record on Tuesday, April 2nd were paid a dividend of $0.2875 per share. This represents a $1.15 dividend on an annualized basis and a dividend yield of 0.97%. The ex-dividend date of this dividend was Monday, April 1st. Choice Hotels International's dividend payout ratio is currently 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.