Choice Hotels International (NYSE:CHH) Given New $155.00 Price Target at Susquehanna

Choice Hotels International (NYSE:CHH) had its price target boosted by Susquehanna from $130.00 to $155.00 in a report released on Tuesday morning,Benzinga reports. The brokerage currently has a neutral rating on the stock.

A number of other equities research analysts have also weighed in on the stock. JPMorgan Chase & Co. upped their target price on shares of Choice Hotels International from $122.00 to $135.00 and gave the stock an “underweight” rating in a report on Friday, December 13th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Choice Hotels International from $113.00 to $114.00 and gave the company a “hold” rating in a research note on Tuesday, November 5th. Wells Fargo & Company increased their price objective on shares of Choice Hotels International from $133.00 to $138.00 and gave the company an “underweight” rating in a research note on Tuesday, February 4th. Jefferies Financial Group increased their target price on shares of Choice Hotels International from $150.00 to $152.00 and gave the company a “hold” rating in a research report on Thursday, January 2nd. Finally, Robert W. Baird increased their target price on shares of Choice Hotels International from $145.00 to $160.00 and gave the company an “outperform” rating in a research report on Tuesday. Five analysts have rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $139.92.

Choice Hotels International Price Performance

CHH stock opened at $148.02 on Tuesday. The stock has a market capitalization of $6.92 billion, a PE ratio of 23.76, a price-to-earnings-growth ratio of 1.90 and a beta of 1.23. The company’s 50-day moving average is $145.25 and its 200-day moving average is $138.97. Choice Hotels International has a 1 year low of $108.91 and a 1 year high of $157.86.

Choice Hotels International (NYSE:CHH) last released its quarterly earnings data on Thursday, February 20th. The company reported $1.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 company had revenue of $389.77 million for the quarter, compared to analysts’ expectations of $374.24 million. On average, analysts anticipate that Choice Hotels International will post 7.07 earnings per share for the current fiscal year.

Choice Hotels International Announces Dividend

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

Hedge Funds Weigh In On Choice Hotels International

A number of hedge funds and other institutional investors have recently modified their holdings of CHH. Blue Trust Inc. raised its stake in shares of Choice Hotels International by 81.4% in the third quarter. Blue Trust Inc. now owns 399 shares of the company’s stock valued at $47,000 after acquiring an additional 179 shares during the period. CIBC Private Wealth Group LLC boosted its holdings in shares of Choice Hotels International by 30.3% in the 4th quarter. CIBC Private Wealth Group LLC now owns 370 shares of the company’s stock valued at $52,000 after buying an additional 86 shares in the last quarter. Anchor Investment Management LLC bought a new stake in shares of Choice Hotels International in the 3rd quarter valued at about $55,000. Tortoise Investment Management LLC boosted its stake in Choice Hotels International by 55.8% in the 4th quarter. Tortoise Investment Management LLC now owns 430 shares of the company’s stock worth $61,000 after purchasing an additional 154 shares in the last quarter. Finally, Skandinaviska Enskilda Banken AB publ boosted its stake in Choice Hotels International by 836.2% in the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 440 shares of the company’s stock worth $62,000 after purchasing an additional 393 shares in the last quarter. Institutional investors own 65.57% of the company’s stock.

Choice Hotels International Company 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.