Choice Hotels International, Inc. (NYSE:CHH) Shares Sold by Avior Wealth Management LLC

Avior Wealth Management LLC lowered its holdings in Choice Hotels International, Inc. (NYSE:CHH) by 7.0% in the 4th quarter, Holdings Channel.com reports. The fund owned 6,278 shares of the company’s stock after selling 470 shares during the quarter. Avior Wealth Management LLC’s holdings in Choice Hotels International were worth $891,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. American Century Companies Inc. grew its holdings in Choice Hotels International by 11.5% during the 2nd quarter. American Century Companies Inc. now owns 12,609 shares of the company’s stock valued at $1,500,000 after purchasing an additional 1,296 shares in the last quarter. Sei Investments Co. grew its holdings in Choice Hotels International by 35.1% during the 2nd quarter. Sei Investments Co. now owns 30,201 shares of the company’s stock worth $3,594,000 after acquiring an additional 7,842 shares in the last quarter. Bank of Montreal Can grew its holdings in Choice Hotels International by 5.9% during the 2nd quarter. Bank of Montreal Can now owns 6,586 shares of the company’s stock worth $791,000 after acquiring an additional 365 shares in the last quarter. Susquehanna Fundamental Investments LLC grew its holdings in Choice Hotels International by 106.1% during the 2nd quarter. Susquehanna Fundamental Investments LLC now owns 8,403 shares of the company’s stock worth $1,000,000 after acquiring an additional 4,326 shares in the last quarter. Finally, Sepio Capital LP grew its holdings in Choice Hotels International by 4.2% during the 2nd quarter. Sepio Capital LP now owns 10,844 shares of the company’s stock worth $1,290,000 after acquiring an additional 433 shares in the last quarter. Institutional investors and hedge funds own 65.57% of the company’s stock.

Choice Hotels International Trading Up 0.1 %

Choice Hotels International stock opened at $145.87 on Friday. The stock has a market cap of $6.84 billion, a price-to-earnings ratio of 27.95, a PEG ratio of 2.22 and a beta of 1.24. The company’s 50-day moving average price is $144.63 and its two-hundred day moving average price is $135.19. Choice Hotels International, Inc. has a 52 week low of $108.91 and a 52 week high of $153.81.

Choice Hotels International (NYSE:CHH) last announced its quarterly earnings data on Monday, November 4th. The company reported $2.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.92 by $0.31. The company had revenue of $428.00 million for the quarter, compared to analysts’ expectations of $432.62 million. Choice Hotels International had a net margin of 16.27% and a negative return on equity of 659.01%. The business’s revenue was up .6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.82 EPS. Research analysts expect that Choice Hotels International, Inc. will post 6.84 earnings per share for the current fiscal year.

Choice Hotels International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 16th. Stockholders of record on Thursday, January 2nd were paid a $0.2875 dividend. The ex-dividend date of this dividend was Thursday, January 2nd. This represents a $1.15 annualized dividend and a dividend yield of 0.79%. Choice Hotels International’s dividend payout ratio is currently 22.03%.

Insider Transactions at Choice Hotels International

In other news, CEO Patrick Pacious sold 7,192 shares of Choice Hotels International stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $144.95, for a total value of $1,042,480.40. Following the transaction, the chief executive officer now directly owns 404,666 shares of the company’s stock, valued at $58,656,336.70. This trade represents a 1.75 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 24.02% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. Jefferies Financial Group raised their price objective on shares of Choice Hotels International from $150.00 to $152.00 and gave the stock a “hold” rating in a report on Thursday, January 2nd. The Goldman Sachs Group raised their price target on shares of Choice Hotels International from $118.00 to $138.00 and gave the stock a “sell” rating in a research report on Tuesday, December 10th. JPMorgan Chase & Co. raised their price target on shares of Choice Hotels International from $122.00 to $135.00 and gave the stock an “underweight” rating in a research report on Friday, December 13th. Robert W. Baird raised their price target on shares of Choice Hotels International from $138.00 to $145.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 6th. Finally, Susquehanna raised their price target on shares of Choice Hotels International from $125.00 to $130.00 and gave the stock a “neutral” rating in a research report on Thursday, November 7th. Five analysts have rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat.com, Choice Hotels International has an average rating of “Hold” and a consensus price target of $133.27.

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.