6,501 Shares in Choice Hotels International, Inc. (NYSE:CHH) Acquired by Susquehanna Fundamental Investments LLC

Susquehanna Fundamental Investments LLC purchased a new stake in shares of Choice Hotels International, Inc. (NYSE:CHH - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 6,501 shares of the company's stock, valued at approximately $923,000.

A number of other institutional investors also recently modified their holdings of the company. Hsbc Holdings PLC acquired a new stake in Choice Hotels International in the 4th quarter valued at approximately $2,947,000. MetLife Investment Management LLC increased its position in shares of Choice Hotels International by 6.4% during the fourth quarter. MetLife Investment Management LLC now owns 13,704 shares of the company's stock valued at $1,946,000 after purchasing an additional 822 shares during the period. Farringdon Capital Ltd. acquired a new position in shares of Choice Hotels International in the fourth quarter valued at $623,000. Zacks Investment Management bought a new position in Choice Hotels International in the fourth quarter worth $3,503,000. Finally, NewEdge Advisors LLC acquired a new stake in Choice Hotels International during the fourth quarter worth $1,298,000. Institutional investors own 65.57% of the company's stock.

Insiders Place Their Bets

In related news, CFO Scott E. Oaksmith sold 1,780 shares of the business's stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $144.40, for a total transaction of $257,032.00. Following the transaction, the chief financial officer now directly owns 32,014 shares in the company, valued at approximately $4,622,821.60. The trade was a 5.27 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Dominic Dragisich sold 3,500 shares of the stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $148.30, for a total value of $519,050.00. Following the sale, the executive vice president now directly owns 68,913 shares of the company's stock, valued at $10,219,797.90. The trade was a 4.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 24.02% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on CHH shares. Bank of America increased their price objective on shares of Choice Hotels International from $160.00 to $165.00 and gave the company a "buy" rating in a research note on Monday, January 27th. The Goldman Sachs Group upgraded shares of Choice Hotels International from a "sell" rating to a "buy" rating and cut their price target for the stock from $141.00 to $138.00 in a research note on Monday, April 14th. Jefferies Financial Group cut their target price on Choice Hotels International from $154.00 to $133.00 and set a "hold" rating for the company in a research report on Wednesday, April 9th. Truist Financial upped their price target on Choice Hotels International from $136.00 to $144.00 and gave the company a "hold" rating in a research report on Friday, March 21st. Finally, StockNews.com downgraded shares of Choice Hotels International from a "buy" rating to a "hold" rating in a research note on Saturday, March 15th. Four research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $135.69.

Choice Hotels International Price Performance

CHH traded down $1.24 on Tuesday, hitting $125.69. 469,324 shares of the stock were exchanged, compared to its average volume of 398,713. The firm has a market capitalization of $5.87 billion, a price-to-earnings ratio of 20.18, a PEG ratio of 1.90 and a beta of 1.00. The business has a 50-day moving average of $130.05 and a two-hundred day moving average of $139.84. Choice Hotels International, Inc. has a 12 month low of $109.22 and a 12 month high of $157.86.

Choice Hotels International (NYSE:CHH - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The company reported $1.55 EPS for the quarter, beating the consensus estimate of $1.45 by $0.10. Choice Hotels International had a net margin of 18.91% and a negative return on equity of 472.31%. The business had revenue of $389.77 million during the quarter, compared to the consensus estimate of $374.24 million. Equities research analysts expect that Choice Hotels International, Inc. will post 7.07 earnings per share for the current fiscal year.

Choice Hotels International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 16th. Stockholders of record on Tuesday, April 1st were paid a $0.2875 dividend. This represents a $1.15 dividend on an annualized basis and a dividend yield of 0.91%. The ex-dividend date was Tuesday, April 1st. Choice Hotels International's dividend payout ratio is currently 18.46%.

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.