Yet Another Research Firm has Initiated Coverage on Choice Hotels (CHH)

September 8, 2018 - By Megan Stone

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 fall, 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.

Principal Group accumulated 5,943 shares. Legal & General Grp Incorporated Public Ltd Liability Company invested in 16,140 shares. Eqis Cap Mngmt, a California-based fund reported 4,795 shares. Moreover, Millennium Management Ltd has 0.03% invested in Choice Hotels International, Inc. (NYSE:CHH) for 299,630 shares. Federated Pa holds 0% or 2,084 shares in its portfolio. Yorktown Mgmt Research accumulated 8,300 shares. Hsbc Holdg Public Ltd Com holds 0% or 16,282 shares. The Australia-based Amp Invsts has invested 0% in Choice Hotels International, Inc. (NYSE:CHH). Cornerstone Advsrs owns 8 shares. Great Lakes Advsr Ltd Liability Corp invested in 75,161 shares. Glob X Mngmt Com Limited owns 4,774 shares or 0.01% of their US portfolio. Rhumbline Advisers invested in 0.01% or 55,858 shares. The New York-based Fenimore Asset Mngmt has invested 0.57% in Choice Hotels International, Inc. (NYSE:CHH). Sawgrass Asset Management Lc invested in 0.02% or 5,180 shares. Jpmorgan Chase And Com holds 0% of its portfolio in Choice Hotels International, Inc. (NYSE:CHH) for 4,450 shares.

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

How Longbow Research Currently Rates Choice Hotels (CHH)

Analysts at Longbow Research started coverage for shares of Choice Hotels (CHH) in a research note issued to investors and clients on 7 September. The firm set a “Buy” rating on the $4.44B market cap firm.

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

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

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