Choice Hotels International, Inc. (NYSE:CHH) Shares Purchased by Quantinno Capital Management LP

Quantinno Capital Management LP increased its holdings in shares of Choice Hotels International, Inc. (NYSE:CHH - Free Report) by 216.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,947 shares of the company's stock after purchasing an additional 6,124 shares during the period. Quantinno Capital Management LP's holdings in Choice Hotels International were worth $1,270,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Vanguard Group Inc. boosted its stake in Choice Hotels International by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 2,423,373 shares of the company's stock worth $344,070,000 after purchasing an additional 8,362 shares during the period. Boston Trust Walden Corp boosted its stake in Choice Hotels International by 1.0% during the 4th quarter. Boston Trust Walden Corp now owns 949,586 shares of the company's stock worth $134,822,000 after purchasing an additional 9,490 shares during the period. Raymond James Financial Inc. acquired a new stake in Choice Hotels International during the 4th quarter worth $48,201,000. Balyasny Asset Management L.P. lifted its stake in shares of Choice Hotels International by 69.8% in the 4th quarter. Balyasny Asset Management L.P. now owns 292,836 shares of the company's stock worth $41,577,000 after acquiring an additional 120,376 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Choice Hotels International by 1.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 279,149 shares of the company's stock worth $39,634,000 after acquiring an additional 2,725 shares during the period. Institutional investors and hedge funds own 65.57% of the company's stock.

Analyst Ratings Changes

Several research firms have recently commented on CHH. Wells Fargo & Company reduced their target price on shares of Choice Hotels International from $138.00 to $137.00 and set an "underweight" rating for the company in a research note on Tuesday, March 4th. Jefferies Financial Group reduced their target price on shares of Choice Hotels International from $154.00 to $133.00 and set a "hold" rating for the company in a research note on Wednesday, April 9th. 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 note on Monday, January 27th. Susquehanna set a $140.00 target price on shares of Choice Hotels International and gave the stock a "neutral" rating in a research note on Friday, May 16th. Finally, Morgan Stanley reduced their target price on shares of Choice Hotels International from $124.00 to $115.00 and set an "underweight" rating for the company in a research note on Tuesday, April 22nd. Four equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $133.38.

Insider Buying and Selling at Choice Hotels International

In other news, CFO Scott E. Oaksmith sold 1,780 shares of Choice Hotels International stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $144.40, for a total transaction of $257,032.00. Following the completion of the sale, the chief financial officer now directly owns 32,014 shares in the company, valued at $4,622,821.60. The trade was a 5.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Dominic Dragisich sold 3,500 shares of Choice Hotels International stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $148.30, for a total transaction of $519,050.00. Following the sale, the executive vice president now owns 68,913 shares of the company's stock, valued at approximately $10,219,797.90. This trade represents a 4.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 7,280 shares of company stock worth $1,035,202. 23.78% of the stock is owned by corporate insiders.

Choice Hotels International Stock Up 1.3%

Shares of NYSE CHH opened at $129.33 on Friday. Choice Hotels International, Inc. has a 52 week low of $109.22 and a 52 week high of $157.86. The firm has a 50-day moving average price of $127.06 and a 200 day moving average price of $138.78. The stock has a market capitalization of $6.00 billion, a price-to-earnings ratio of 20.76, a price-to-earnings-growth ratio of 1.90 and a beta of 1.00.

Choice Hotels International (NYSE:CHH - Get Free Report) last posted its earnings results on Thursday, May 8th. The company reported $1.34 earnings per share for the quarter, missing the consensus estimate of $1.38 by ($0.04). Choice Hotels International had a net margin of 18.91% and a negative return on equity of 472.31%. The business had revenue of $332.86 million for the quarter, compared to analysts' expectations of $348.52 million. During the same quarter last year, the business posted $1.28 earnings per share. The business's revenue was up .3% compared to the same quarter last year. Equities research analysts expect that Choice Hotels International, Inc. will post 7.07 EPS for the current fiscal year.

Choice Hotels International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 16th. Shareholders of record on Tuesday, July 1st will be issued a dividend of $0.2875 per share. The ex-dividend date is Tuesday, July 1st. This represents a $1.15 annualized dividend and a yield of 0.89%. Choice Hotels International's dividend payout ratio (DPR) is currently 17.56%.

About Choice Hotels International

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.

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