Caprock Group LLC Grows Position in Choice Hotels International, Inc. (NYSE:CHH)

Caprock Group LLC increased its position in shares of Choice Hotels International, Inc. (NYSE:CHH) by 35.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,395 shares of the company’s stock after buying an additional 1,144 shares during the period. Caprock Group LLC’s holdings in Choice Hotels International were worth $624,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Sanctuary Advisors LLC boosted its holdings in Choice Hotels International by 33.4% in the third quarter. Sanctuary Advisors LLC now owns 16,834 shares of the company’s stock valued at $2,193,000 after purchasing an additional 4,219 shares in the last quarter. TD Private Client Wealth LLC boosted its holdings in Choice Hotels International by 30.1% in the third quarter. TD Private Client Wealth LLC now owns 14,889 shares of the company’s stock valued at $1,940,000 after purchasing an additional 3,446 shares in the last quarter. Erste Asset Management GmbH acquired a new position in Choice Hotels International in the third quarter valued at approximately $19,545,000. JPMorgan Chase & Co. boosted its holdings in Choice Hotels International by 38.5% in the third quarter. JPMorgan Chase & Co. now owns 402,293 shares of the company’s stock valued at $52,419,000 after purchasing an additional 111,903 shares in the last quarter. Finally, Twelve Points Wealth Management LLC acquired a new position in Choice Hotels International in the fourth quarter valued at approximately $879,000. 65.57% of the stock is currently owned by hedge funds and other institutional investors.

Choice Hotels International Trading Up 1.0 %

Shares of CHH stock opened at $150.42 on Wednesday. The firm has a 50-day moving average price of $144.56 and a 200 day moving average price of $136.40. Choice Hotels International, Inc. has a twelve month low of $108.91 and a twelve month high of $153.81. The company has a market capitalization of $7.06 billion, a price-to-earnings ratio of 28.82, a PEG ratio of 1.84 and a beta of 1.23.

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

Choice Hotels International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 16th. Shareholders of record on Thursday, January 2nd were issued a $0.2875 dividend. This represents a $1.15 annualized dividend and a yield of 0.76%. The ex-dividend date of this dividend was Thursday, January 2nd. Choice Hotels International’s dividend payout ratio (DPR) is 22.03%.

Insider Buying and Selling at Choice Hotels International

In other Choice Hotels International news, CEO Patrick Pacious sold 7,192 shares of Choice Hotels International stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $144.95, for a total value of $1,042,480.40. Following the completion of the sale, the chief executive officer now owns 404,666 shares in the company, valued at $58,656,336.70. The trade was a 1.75 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 24.02% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

CHH has been the topic of a number of research reports. Morgan Stanley restated an “underweight” rating and set a $129.00 target price (down from $145.00) on shares of Choice Hotels International in a research report on Tuesday, January 14th. The Goldman Sachs Group raised their target price 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. Bank of America raised their target price on shares of Choice Hotels International from $160.00 to $165.00 and gave the stock a “buy” rating in a research report on Monday, January 27th. Barclays raised their target price on shares of Choice Hotels International from $123.00 to $129.00 and gave the stock an “underweight” rating in a research report on Friday, December 13th. Finally, Robert W. Baird raised their target price 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. Five analysts have rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $136.33.

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.