Choice Hotels International (NYSE:CHH) CEO Dominic Dragisich Sells 1,227 Shares of Stock

Choice Hotels International, Inc. (NYSE:CHH) CEO Dominic Dragisich sold 1,227 shares of the stock in a transaction on Tuesday, October 20th. The stock was sold at an average price of $112.00, for a total transaction of $137,424.00. Following the sale, the chief executive officer directly owned 90,055 shares in the company, valued at $10,086,160. This trade represents a 1.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Choice Hotels International Trading Up 3.3%

Choice Hotels International stock opened at $113.31 on Wednesday. Choice Hotels International, Inc. has a 1 year low of $84.04 and a 1 year high of $123.82. The firm’s 50-day moving average is $103.44 and its 200-day moving average is $108.15. The company has a debt-to-equity ratio of 14.08, a quick ratio of 0.93 and a current ratio of 0.93. The company has a market cap of $5.10 billion, a P/E ratio of 16.00, a PEG ratio of 2.77 and a beta of 0.71.

Choice Hotels International (NYSE:CHH) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $2.02 earnings per share for the quarter, beating analysts’ consensus estimates of $1.97 by $0.05. The business had revenue of $440.76 million during the quarter, compared to the consensus estimate of $436.48 million. Choice Hotels International had a net margin of 20.28% and a return on equity of 205.69%. The company’s revenue for the quarter was up 3.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.92 EPS. Choice Hotels International has set its FY 2026 guidance at 6.860-7.100 EPS. On average, equities analysts expect that Choice Hotels International, Inc. will post 6.97 earnings per share for the current year.

Choice Hotels International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Thursday, October 1st were paid a $0.2875 dividend. This represents a $1.15 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date was Thursday, October 1st. Choice Hotels International’s payout ratio is presently 16.24%.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on CHH. Wells Fargo & Company increased their price target on Choice Hotels International from $97.00 to $98.00 and gave the stock an “underweight” rating in a research report on Monday. Morgan Stanley raised their price target on Choice Hotels International from $91.00 to $92.00 and gave the stock an “underweight” rating in a report on Monday, October 12th. JPMorgan Chase & Co. boosted their price objective on Choice Hotels International from $116.00 to $118.00 and gave the company a “neutral” rating in a research report on Tuesday, July 21st. Weiss Ratings restated a “hold (c)” rating on shares of Choice Hotels International in a research report on Friday, October 2nd. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $124.00 price objective on shares of Choice Hotels International in a research note on Thursday, August 6th. Three equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, Choice Hotels International presently has an average rating of “Hold” and an average price target of $113.08.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Wellington Management Group LLP increased its stake in shares of Choice Hotels International by 1.7% in the second quarter. Wellington Management Group LLP now owns 669,693 shares of the company’s stock valued at $73,847,000 after purchasing an additional 11,366 shares during the period. SummitTX Capital L.P. raised its holdings in shares of Choice Hotels International by 247.3% during the first quarter. SummitTX Capital L.P. now owns 125,122 shares of the company’s stock valued at $12,950,000 after buying an additional 89,096 shares during the last quarter. Heartland Advisors Inc. acquired a new position in shares of Choice Hotels International during the first quarter worth approximately $6,452,000. Alyeska Investment Group L.P. acquired a new position in shares of Choice Hotels International during the second quarter worth approximately $8,380,000. Finally, ABS Direct Equity Fund LLC acquired a new position in shares of Choice Hotels International during the first quarter worth approximately $2,605,000. 65.57% of the stock is owned by institutional investors and hedge funds.

Choice Hotels International Company Profile

Choice Hotels International, Inc is a global lodging franchisor that licenses its hotel brands to independent owners and operators. The company supports its franchisees through brand standards, reservation and distribution systems, marketing, loyalty programs, technology, and operational services rather than primarily owning and operating hotels itself.

Its portfolio includes brands serving a range of price points and travel needs, including Comfort, Quality Inn, Sleep Inn, Clarion, Econo Lodge, MainStay Suites, Suburban Studios, WoodSpring Suites, Cambria Hotels, and the Ascend Hotel Collection.