Captrust Financial Advisors Has $294,000 Holdings in Choice Hotels International, Inc. (NYSE:CHH)

Captrust Financial Advisors grew its holdings in shares of Choice Hotels International, Inc. (NYSE:CHH) by 4.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,069 shares of the company’s stock after acquiring an additional 90 shares during the quarter. Captrust Financial Advisors’ holdings in Choice Hotels International were worth $294,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Diversify Wealth Management LLC boosted its holdings in Choice Hotels International by 38.3% in the fourth quarter. Diversify Wealth Management LLC now owns 3,300 shares of the company’s stock valued at $465,000 after acquiring an additional 914 shares during the last quarter. Ironwood Wealth Management LLC. bought a new position in Choice Hotels International in the 4th quarter valued at $216,000. Genesis Private Wealth LLC bought a new position in Choice Hotels International in the 4th quarter valued at $262,000. SG Americas Securities LLC bought a new position in shares of Choice Hotels International during the 4th quarter worth $125,000. Finally, KBC Group NV boosted its stake in Choice Hotels International by 3,087.2% in the 4th 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. 65.57% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Jefferies Financial Group lowered their price target on Choice Hotels International from $154.00 to $133.00 and set a “hold” rating on the stock in a report on Wednesday, April 9th. StockNews.com lowered Choice Hotels International from a “buy” rating to a “hold” rating in a research report on Saturday, March 15th. Bank of America increased their target price on Choice Hotels International from $160.00 to $165.00 and gave the stock a “buy” rating in a research note on Monday, January 27th. Morgan Stanley reduced their price objective on Choice Hotels International from $124.00 to $115.00 and set an “underweight” rating for the company in a report on Tuesday, April 22nd. Finally, Truist Financial boosted their price target on Choice Hotels International from $136.00 to $144.00 and gave the company a “hold” rating in a research note on Friday, March 21st. Four equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the company. According to MarketBeat.com, Choice Hotels International currently has a consensus rating of “Hold” and an average target price of $133.38.

Insider Transactions at Choice Hotels International

In other news, CFO Scott E. Oaksmith sold 1,780 shares of the firm’s stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $144.40, for a total value of $257,032.00. Following the completion of the transaction, the chief financial officer now directly owns 32,014 shares in the company, valued at $4,622,821.60. This trade represents a 5.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Ervin R. Shames sold 2,000 shares of the firm’s stock in a transaction dated Monday, May 19th. The stock was sold at an average price of $129.56, for a total value of $259,120.00. Following the completion of the transaction, the director now owns 52,212 shares of the company’s stock, valued at approximately $6,764,586.72. The trade was a 3.69% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 7,280 shares of company stock valued at $1,035,202. 23.78% of the stock is currently owned by corporate insiders.

Choice Hotels International Trading Down 1.3%

NYSE CHH opened at $131.13 on Wednesday. The stock has a market cap of $6.08 billion, a PE ratio of 21.05, a P/E/G ratio of 1.90 and a beta of 1.00. Choice Hotels International, Inc. has a 12 month low of $109.22 and a 12 month high of $157.86. The stock’s 50 day moving average is $127.17 and its 200 day moving average is $138.94.

Choice Hotels International (NYSE:CHH) last released its earnings results on Thursday, May 8th. The company reported $1.34 earnings per share for the quarter, missing the consensus estimate of $1.38 by ($0.04). The company had revenue of $332.86 million for the quarter, compared to the consensus estimate of $348.52 million. Choice Hotels International had a net margin of 18.91% and a negative return on equity of 472.31%. The business’s revenue for the quarter was up .3% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.28 EPS. On average, analysts forecast that Choice Hotels International, Inc. will post 7.07 EPS for the current fiscal year.

Choice Hotels International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 16th. Shareholders of record on Tuesday, July 1st will be given a $0.2875 dividend. This represents a $1.15 annualized dividend and a yield of 0.88%. The ex-dividend date is Tuesday, July 1st. Choice Hotels International’s dividend payout ratio (DPR) is presently 17.56%.

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.