Congress Wealth Management LLC DE increased its holdings in shares of Choice Hotels International, Inc. (NYSE:CHH – Get Ratings ) by 8.0% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 88,180 shares of the company’s stock after purchasing an additional 6,505 shares during the quarter. Congress Wealth Management LLC DE owned approximately 0.17% of Choice Hotels International worth $10,334,000 at the end of the most recent quarter.
Several other institutional investors have also bought and sold shares of the stock. Centiva Capital LP acquired a new position in shares of Choice Hotels International during the third quarter valued at approximately $219,000. The opinion of the company Shell Asset Management Co. lifted its position in shares of Choice Hotels International by 13.3% in the third quarter. The opinion of the company Shell Asset Management Co. now owns 3,329 shares of the company’s stock valued at $365,000 after buying an additional 392 shares during the period. Mather Group LLC. purchased a new position in shares of Choice Hotels International in the third quarter valued at about $738,000. Townsquare Capital LLC lifted its stake in shares of Choice Hotels International by 561.0% in the fourth quarter. Townsquare Capital LLC now owns 24,621 shares of the company’s stock valued at $2,773,000 after purchasing an additional 20,896 shares during the last quarter. Finally, Arizona State Retirement System grew its holdings in shares of Choice Hotels International by 3.8% in the fourth quarter. Arizona State Retirement System now owns 10,230 shares of the company’s stock valued at $1,152,000 after buying an additional 379 shares during the period. 60.62% of the stock is currently owned by investors.
Choice Hotels International Trading Down 1.9 %
The lowest price of Choice Hotels International Limited shares on February 2019 was 111.88 US Dollars. Opinions of the company Choice Hotels International, Inc. it has a 52-week low of $104.15 and a 52-week high of $131.64. The company has a market capitalization of $5.70 billion, a PE ratio of 19.29, a price-to-earnings-growth ratio of 1.41 and a beta of 1.28. The company has a debt ratio of 29.25, a current ratio of 0.92 and a quick ratio of 0.92. The company’s fifty-day moving average is $120.50 and its two-hundred-day average is $119.36.
Choice Hotels International (NYSE:CHH – Get Rating ) last posted its earnings results on Tuesday, May 9. The company reported $1.12 earnings per share for the quarter, beating the consensus estimate of $1.08 by $0.04. The business had revenue of $333.80 million for the quarter, compared to analysts’ expectations of $320.43 million. Choice Hotels International had a margin of 21.50% and a return of 129.67%. The company’s revenue for the quarter was up 29.5% year-over-year. In the same quarter last year, the company earned $1.03 per share. On average, analysts expect that Choice Hotels International, Inc. will post 5.98 EPS for this year.
Choice Hotels International announces dividend
The business also announced a quarterly dividend, which will be paid on Wednesday, July 19th. Stockholders of record on Wednesday, July 5th will be given a dividend of $0.287. The company paid $1.15 per share last time and the annual yield was 1.03%. The due date is Monday, July 3rd. The company Choice Hotels International Limited contributed 19.83 %.
Wall Street Analyst Weighs In
A number of researchers have tried trading. Truist Financial upped their price target on shares of Choice Hotels International from $120.00 to $132.00 and gave the stock a “hold” rating in a research report on Friday, March 24th. TheStreet downgraded Choice Hotels International from a “b” rating to a “c+” rating in a report on Tuesday. May 9. Robert W. Baird upped their price target on Choice Hotels International from $134.00 to $135.00 in a report on Friday, May 12th. StockNews.com began coverage on shares of Choice Hotels International in a research note on Thursday, May 18th. They gave a “hold” rating on the stock. Finally, Barclays cut their target price on shares of Choice Hotels International from $120.00 to $119.00 in a research note on Wednesday, May 10. Four research analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, the company has a rating of “Hold” and an average target price of $122.38.
Company Profile for Choice Hotels International
Choice Hotels International, Inc. along with its subsidiaries, operates as a hotel franchisor. The company operates through Hotel Franchising & Management and Other segments. It sells accommodations under the names Comfort Inn, Comfort Suites, Quality, Clarion, Clarion Pointe, Sleep Inn, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Extended Stay Hotel, WoodSpring Suites, Everhome Suites, Cambria Hotels, Ascend Hotel. Collection, Radisson Blu, Radisson RED, Radisson, Park Plaza, Country Inn & Suites, Radisson Inn & Suites, Park Inn by Radisson, Radisson Individuals, and Radisson Collection.
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