Choice Hotels International (NYSE:CHH – Free Report) had its price target upped by Barclays from $129.00 to $132.00 in a report released on Friday morning,Benzinga reports. The firm currently has an underweight rating on the stock.

Other equities research analysts also recently issued research reports about the company. Bank of America boosted their target price on Choice Hotels International from $160.00 to $165.00 and gave the stock a “buy” rating in a research report on Monday, January 27th. Robert W. Baird raised their price objective on shares of Choice Hotels International from $138.00 to $145.00 and gave the company an “outperform” rating in a research note on Wednesday, November 6th. JPMorgan Chase & Co. raised their price target on Choice Hotels International from $122.00 to $135.00 and gave the stock an “underweight” rating in a research report on Friday, December 13th. Jefferies Financial Group raised their target price on Choice Hotels International from $150.00 to $152.00 and gave the stock a “hold” rating in a report on Thursday, January 2nd. Finally, Morgan Stanley reaffirmed an “underweight” rating and issued a $129.00 target price (down previously from $145.00) on shares of Choice Hotels International in a research note on Tuesday, January 14th. Five equities research analysts have rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, Choice Hotels International presently has a consensus rating of “Hold” and a consensus price target of $139.92.

Read Our Latest Analysis on Choice Hotels International

Choice Hotels International Stock Performance

Shares of NYSE CHH traded down $2.32 during midday trading on Friday, reaching $148.02. 464,136 shares of the company traded hands, compared to its average volume of 363,773. The firm has a market cap of $6.92 billion, a PE ratio of 23.76, a PEG ratio of 1.90 and a beta of 1.23. Choice Hotels International has a 12 month low of $108.91 and a 12 month high of $157.86. The stock’s 50-day simple moving average is $145.20 and its 200-day simple moving average is $138.78.

Choice Hotels International (NYSE:CHH – Get Free Report) last announced its earnings results on Thursday, February 20th. The company reported $1.55 earnings per share for the quarter, beating analysts’ consensus estimates of $1.45 by $0.10. Choice Hotels International had a negative return on equity of 472.31% and a net margin of 18.91%. The company had revenue of $389.77 million during the quarter, compared to analyst estimates of $374.24 million. On average, equities research analysts expect that Choice Hotels International will post 7.07 EPS for the current year.

Choice Hotels International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 16th. Stockholders of record on Thursday, January 2nd were paid a dividend of $0.2875 per share. The ex-dividend date was Thursday, January 2nd. This represents a $1.15 annualized dividend and a dividend yield of 0.78%. Choice Hotels International’s dividend payout ratio is presently 18.46%.

Institutional Trading of Choice Hotels International

Institutional investors and hedge funds have recently bought and sold shares of the business. Sanctuary Advisors LLC boosted its position in Choice Hotels International by 33.4% during the third quarter. Sanctuary Advisors LLC now owns 16,834 shares of the company’s stock worth $2,193,000 after purchasing an additional 4,219 shares during the period. TD Private Client Wealth LLC lifted its position in Choice Hotels International by 30.1% during the third quarter. TD Private Client Wealth LLC now owns 14,889 shares of the company’s stock worth $1,940,000 after acquiring an additional 3,446 shares during the last quarter. Twelve Points Wealth Management LLC bought a new stake in shares of Choice Hotels International during the fourth quarter worth approximately $879,000. Erste Asset Management GmbH acquired a new position in shares of Choice Hotels International in the third quarter valued at approximately $19,545,000. Finally, KBC Group NV increased its stake in shares of Choice Hotels International by 3,087.2% during the fourth quarter. KBC Group NV now owns 21,195 shares of the company’s stock worth $3,009,000 after purchasing an additional 20,530 shares during the period. Institutional investors own 65.57% of the company’s stock.

Choice Hotels International Company Profile

(Get Free Report)

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.

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