Alliance Wealth Advisors LLC UT Raises Stock Holdings in Choice Hotels International, Inc. (NYSE:CHH)

Alliance Wealth Advisors LLC UT lifted its holdings in Choice Hotels International, Inc. (NYSE:CHH) by 6.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 4,275 shares of the company’s stock after purchasing an additional 273 shares during the quarter. Alliance Wealth Advisors LLC UT’s holdings in Choice Hotels International were worth $607,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Blue Trust Inc. grew its stake in shares of Choice Hotels International by 81.4% in the 3rd quarter. Blue Trust Inc. now owns 399 shares of the company’s stock worth $47,000 after buying an additional 179 shares in the last quarter. Anchor Investment Management LLC bought a new stake in Choice Hotels International during the third quarter worth approximately $55,000. Quarry LP bought a new stake in Choice Hotels International during the third quarter worth approximately $63,000. Eagle Bay Advisors LLC lifted its stake in shares of Choice Hotels International by 12.9% in the 3rd quarter. Eagle Bay Advisors LLC now owns 843 shares of the company’s stock valued at $110,000 after purchasing an additional 96 shares during the last quarter. Finally, SG Americas Securities LLC bought a new stake in shares of Choice Hotels International in the 4th quarter valued at approximately $125,000. Institutional investors own 65.57% of the company’s stock.

Choice Hotels International Stock Performance

NYSE:CHH opened at $150.42 on Wednesday. The firm has a 50-day simple moving average of $144.56 and a 200-day simple moving average of $136.40. Choice Hotels International, Inc. has a one year low of $108.91 and a one year high of $153.81. The firm has a market cap of $7.06 billion, a P/E ratio of 28.82, a P/E/G ratio of 1.84 and a beta of 1.23.

Choice Hotels International (NYSE:CHH) last posted its earnings results on Monday, November 4th. The company reported $2.23 earnings per share for the quarter, topping analysts’ consensus estimates of $1.92 by $0.31. Choice Hotels International had a negative return on equity of 659.01% and a net margin of 16.27%. The company had revenue of $428.00 million during the quarter, compared to analyst estimates of $432.62 million. During the same quarter in the prior year, the business earned $1.82 earnings per share. Choice Hotels International’s revenue was up .6% on a year-over-year basis. On average, research analysts predict that Choice Hotels International, Inc. will post 6.84 EPS for the current fiscal year.

Choice Hotels International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 16th. Investors of record on Thursday, January 2nd were given a dividend of $0.2875 per share. This represents a $1.15 dividend on an annualized basis and a yield of 0.76%. The ex-dividend date was Thursday, January 2nd. Choice Hotels International’s payout ratio is currently 22.03%.

Insider Buying and Selling at Choice Hotels International

In other news, CEO Patrick Pacious sold 7,192 shares of the firm’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $144.95, for a total value of $1,042,480.40. Following the sale, the chief executive officer now directly owns 404,666 shares in the company, valued at approximately $58,656,336.70. This trade represents a 1.75 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 24.02% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on CHH. Deutsche Bank Aktiengesellschaft raised their price target on Choice Hotels International from $113.00 to $114.00 and gave the stock a “hold” rating in a research report on Tuesday, November 5th. Bank of America boosted their target price on Choice Hotels International from $160.00 to $165.00 and gave the company a “buy” rating in a research report on Monday, January 27th. Jefferies Financial Group increased their price target on Choice Hotels International from $150.00 to $152.00 and gave the stock a “hold” rating in a report on Thursday, January 2nd. JPMorgan Chase & Co. boosted their price objective on Choice Hotels International from $122.00 to $135.00 and gave the company an “underweight” rating in a report on Friday, December 13th. Finally, Robert W. Baird increased their target price on Choice Hotels International from $138.00 to $145.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 6th. Five equities research analysts have rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $136.33.

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.