Vima LLC Invests $36,000 in Choice Hotels International, Inc. (NYSE:CHH)

Vima LLC bought a new position in Choice Hotels International, Inc. (NYSE:CHH) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 314 shares of the company’s stock, valued at approximately $36,000.

A number of other large investors also recently bought and sold shares of the business. Boulder Hill Capital Management LP purchased a new stake in shares of Choice Hotels International in the 4th quarter worth $2,504,000. Dimensional Fund Advisors LP raised its position in shares of Choice Hotels International by 11.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 621,332 shares of the company’s stock worth $70,396,000 after acquiring an additional 62,174 shares in the last quarter. Markel Group Inc. raised its position in shares of Choice Hotels International by 86.4% in the 4th quarter. Markel Group Inc. now owns 61,500 shares of the company’s stock worth $6,968,000 after acquiring an additional 28,500 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC raised its position in shares of Choice Hotels International by 4.4% in the 3rd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,162,038 shares of the company’s stock worth $264,871,000 after acquiring an additional 91,351 shares in the last quarter. Finally, International Assets Investment Management LLC bought a new position in shares of Choice Hotels International in the 4th quarter worth $24,000,000. Hedge funds and other institutional investors own 65.57% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently commented on CHH shares. Truist Financial reduced their price target on Choice Hotels International from $146.00 to $144.00 and set a “hold” rating for the company in a research report on Thursday, May 30th. StockNews.com lowered Choice Hotels International from a “hold” rating to a “sell” rating in a research report on Wednesday, February 21st. Robert W. Baird reduced their target price on Choice Hotels International from $140.00 to $137.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 24th. Deutsche Bank Aktiengesellschaft reduced their target price on Choice Hotels International from $128.00 to $112.00 and set a “hold” rating on the stock in a research report on Thursday, May 9th. Finally, Jefferies Financial Group raised Choice Hotels International from an “underperform” rating to a “buy” rating and upped their target price for the company from $96.00 to $156.00 in a research report on Monday, March 11th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, Choice Hotels International currently has a consensus rating of “Hold” and a consensus price target of $129.50.

Choice Hotels International Stock Performance

Shares of CHH stock traded down $0.82 during mid-day trading on Friday, reaching $115.34. The stock had a trading volume of 383,610 shares, compared to its average volume of 410,295. The business’s fifty day moving average is $117.49 and its 200-day moving average is $117.67. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 177.75. The firm has a market cap of $5.55 billion, a price-to-earnings ratio of 24.75, a PEG ratio of 1.99 and a beta of 1.22. Choice Hotels International, Inc. has a 1-year low of $108.91 and a 1-year high of $136.02.

Choice Hotels International (NYSE:CHH) last announced its quarterly earnings data on Wednesday, May 8th. The company reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates 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 business had revenue of $331.90 million for the quarter, compared to analyst estimates of $343.04 million. During the same period in the prior year, the company earned $1.12 earnings per share. The company’s revenue was down .6% on a year-over-year basis. On average, research analysts forecast that Choice Hotels International, Inc. will post 6.44 earnings per share for the current year.

Choice Hotels International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 16th. Stockholders of record on Monday, July 1st will be paid a $0.2875 dividend. The ex-dividend date of this dividend is Monday, July 1st. This represents a $1.15 dividend on an annualized basis and a dividend yield of 1.00%. Choice Hotels International’s payout ratio is 24.68%.

Insider Transactions at Choice Hotels International

In other news, insider Robert J. Mcdowell sold 1,243 shares of the company’s stock in a transaction dated Thursday, May 23rd. The stock was sold at an average price of $117.58, for a total value of $146,151.94. Following the sale, the insider now owns 38,502 shares in the company, valued at $4,527,065.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 24.02% of the company’s stock.

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.