Choice Hotels International, Inc. (CHH) Releases FY17 Earnings Guidance

Paterniano Del Favero
Agosto 3, 2017

Choice Hotels International had 19 analyst reports since July 30, 2015 according to SRatingsIntel. Dimensional Fund Advisors LP now owns 926,823 shares of the company's stock worth $58,020,000 after buying an additional 27,318 shares during the period.

02/04/2016 - Choice Hotels International, Inc. had its "sell" rating reiterated by analysts at UBS. Russell Investments Group Ltd. increased its stake in Choice Hotels International by 43.0% in the first quarter. Finally, United Capital Financial Advisers LLC bought a new position in shares of Choice Hotels International during the first quarter valued at $212,000. Choice Hotels International earned a news impact score of 0.24 on Accern's scale.

Recent Trading for Choice Hotels International, Inc. Insiders own 22.01% of the company's stock. 14,674 are owned by First Quadrant L P Ca. Morgan Stanley upgraded shares of La Quinta Holdings from an "equal weight" rating to an "overweight" rating and upped their target price for the stock from $14.50 to $16.00 in a research report on Thursday, June 15th.

CHH has been the subject of a number of recent analyst reports. The company reported $0.51 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.49 by $0.02. Zacks Investment Research upgraded shares of La Quinta Holdings from a "sell" rating to a "hold" rating in a research report on Wednesday, April 12th.

Heading into the earnings release, covering analysts have a consensus target price of $66.32 on Choice Hotels International, Inc. shares. Telsey Advisory Group increased their target price on shares of Choice Hotels International from $59.00 to $63.00 and gave the stock a "market perform" rating in a research report on Friday, May 5th. (CHH) traded down 4.83% during mid-day trading on Wednesday, reaching $62.05. The firm's 50-day moving average price is $64.85 and its 200-day moving average price is $62.27.

TRADEMARK VIOLATION WARNING: "Choice Hotels International, Inc".

01/05/2016 - Choice Hotels International, Inc. had its "buy" rating reiterated by analysts at Canaccord Genuity. Teachers Retirement Systems Of The State Of Kentucky has invested 0.04% of its portfolio in Choice Hotels International Inc (NYSE:CHH). The stock of Choice Hotels International Inc (NYSE:CHH) has "Underweight" rating given on Wednesday, January 6 by JP Morgan. During the same period in the prior year, the firm earned $0.71 earnings per share. The company had revenue of $197.89 million during the quarter, compared to analyst estimates of $216.24 million. The stock has a market capitalization of $3.65 billion, a P/E ratio of 25.03 and a beta of 1.11. If you are accessing this article on another publication, it was copied illegally and republished in violation of United States & worldwide trademark & copyright laws. They noted that the move was a valuation call. Choice Hotels International now has a consensus rating of "Hold" and an average price target of $61.00. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real time.

In other news, CEO Stephen P. Joyce sold 44,116 shares of the company's stock in a transaction dated Monday, July 10th.

Choice Hotels International, a hotel franchisor. The Citadel Advisors Llc holds 34,470 shares with $1.52M value, up from 8,599 last quarter. The stock was sold at an average price of $62.88, for a total transaction of $2,774,014.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Following the transaction, the chief executive officer now directly owns 201,922 shares in the company, valued at $12,696,855.36. The disclosure for this sale can be found here. The Company's divisions include Hotel Franchising, SkyTouch Technology and Corporate & Other.

Several hedge funds have recently made changes to their positions in CHH. It franchises lodging properties under brand names, including Comfort Inn, Comfort Suites, Quality, Clarion, Sleep Inn, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Extended Stay Hotel, Cambria hotels & suites, and Ascend Hotel Collection.

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