Choice Hotels (NYSE:CHH) Moves On Longbow Initiating Coverage of Shares

September 8, 2018 - By Robert Shackelford

Choice Hotels International, Inc. (NYSE:CHH) Logo

Investors sentiment decreased to 1.05 in 2018 Q1. Its down 0.08, from 1.13 in 2017Q4. It turned negative, as 16 investors sold Choice Hotels International, Inc. shares while 64 reduced holdings. 39 funds opened positions while 45 raised stakes. 28.80 million shares or 2.04% more from 28.23 million shares in 2017Q4 were reported.

Congress Asset Ma reported 30,527 shares stake. Corbyn Inv Mngmt Md reported 200 shares. Gideon Cap Advsrs Inc holds 0.25% or 5,067 shares in its portfolio. Moreover, Cibc Ww Corporation has 0.06% invested in Choice Hotels International, Inc. (NYSE:CHH). Kbc Nv owns 1,913 shares for 0% of their portfolio. Legal General Public Limited Co holds 16,140 shares or 0% of its portfolio. Bluecrest Mngmt Limited holds 0.02% of its portfolio in Choice Hotels International, Inc. (NYSE:CHH) for 9,567 shares. Huntington National Bank & Trust has invested 0% of its portfolio in Choice Hotels International, Inc. (NYSE:CHH). Cornerstone Advsr invested in 8 shares or 0% of the stock. Spark Invest Mngmt Limited Com holds 0.34% or 67,100 shares. Intl Grp has invested 0% of its portfolio in Choice Hotels International, Inc. (NYSE:CHH). Chicago Equity Ptnrs Lc invested 0.07% in Choice Hotels International, Inc. (NYSE:CHH). Fifth Third Comml Bank holds 0% of its portfolio in Choice Hotels International, Inc. (NYSE:CHH) for 453 shares. Barclays Public Limited holds 0% or 17,623 shares in its portfolio. Dupont Capital Mgmt Corporation stated it has 11,871 shares.

Since March 6, 2018, it had 0 buys, and 1 insider sale for $64,856 activity. On Monday, May 14 Cimerola Patrick sold $64,856 worth of Choice Hotels International, Inc. (NYSE:CHH) or 800 shares. $600,009 worth of Choice Hotels International, Inc. (NYSE:CHH) was sold by McDowell Robert J. Pepper David A sold 11,310 shares worth $918,259.

How Longbow Currently Rates Choice Hotels (NYSE:CHH)

Longbow issued Buy rating on Choice Hotels (NYSE:CHH). The firm has begun coverage on shares of CHH in a note published on 7 September.

Choice Hotels International, Inc. (NYSE:CHH) Ratings Coverage

Among 2 analysts covering Choice Hotels (NYSE:CHH), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Choice Hotels had 2 analyst reports since May 11, 2018 according to SRatingsIntel. The stock of Choice Hotels International, Inc. (NYSE:CHH) earned “Hold” rating by Jefferies on Thursday, May 31. Wells Fargo downgraded the stock to “Market Perform” rating in Friday, May 11 report.

The stock increased 0.84% or $0.65 during the last trading session, reaching $78.45. About 217,220 shares traded. Choice Hotels International, Inc. (NYSE:CHH) has risen 22.10% since September 8, 2017 and is uptrending. It has outperformed by 9.53% the S&P500.

Analysts await Choice Hotels International, Inc. (NYSE:CHH) to report earnings on November, 5. They expect $1.15 earnings per share, up 21.05 % or $0.20 from last year’s $0.95 per share. CHH’s profit will be $65.13 million for 17.05 P/E if the $1.15 EPS becomes a reality. After $1.11 actual earnings per share reported by Choice Hotels International, Inc. for the previous quarter, Wall Street now forecasts 3.60 % EPS growth.

Choice Hotels International, Inc., together with its subsidiaries, operates as a hotel franchisor worldwide. The company has market cap of $4.44 billion. It operates in two divisions, Hotel Franchising and SkyTouch Technology. It has a 30.96 P/E ratio. The firm franchises lodging properties under the proprietary brand names Comfort Inn, Comfort Suites, Quality, Clarion, Sleep Inn, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Extended Stay Hotel, Cambria hotels and suites, and Ascend Hotel Collection.

More news for Choice Hotels International, Inc. (NYSE:CHH) were recently published by: Nasdaq.com, which released: “Research Report Identifies Inter Parfums, Cedar Realty Trust, Choice Hotels International, LendingClub, Kohl’s, and …” on August 31, 2018. Seekingalpha.com‘s article titled: “Confidence in the lodging sector” and published on August 14, 2018 is yet another important article.

Choice Hotels International, Inc. (NYSE:CHH) Institutional Positions Chart

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