Diversify Advisory Services LLC Has $298,000 Stock Holdings in Choice Hotels International, Inc. (NYSE:CHH)

Diversify Advisory Services LLC decreased its stake in shares of Choice Hotels International, Inc. (NYSE:CHH) by 3.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,115 shares of the company’s stock after selling 73 shares during the quarter. Diversify Advisory Services LLC’s holdings in Choice Hotels International were worth $298,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Eagle Bay Advisors LLC increased its holdings in Choice Hotels International by 12.9% during the third quarter. Eagle Bay Advisors LLC now owns 843 shares of the company’s stock worth $110,000 after buying an additional 96 shares during the last quarter. Huntington National Bank raised its holdings in shares of Choice Hotels International by 4.7% in the 3rd quarter. Huntington National Bank now owns 2,267 shares of the company’s stock valued at $295,000 after purchasing an additional 101 shares during the period. Aurora Investment Managers LLC. lifted its stake in Choice Hotels International by 0.9% in the 3rd quarter. Aurora Investment Managers LLC. now owns 12,465 shares of the company’s stock valued at $1,624,000 after purchasing an additional 113 shares during the last quarter. Malaga Cove Capital LLC grew its holdings in Choice Hotels International by 8.0% during the third quarter. Malaga Cove Capital LLC now owns 2,034 shares of the company’s stock worth $265,000 after purchasing an additional 150 shares during the period. Finally, Blue Trust Inc. increased its position in Choice Hotels International by 81.4% during the third quarter. Blue Trust Inc. now owns 399 shares of the company’s stock worth $47,000 after buying an additional 179 shares during the last quarter. Institutional investors own 65.57% of the company’s stock.

Choice Hotels International Trading Up 0.8 %

NYSE CHH opened at $145.29 on Thursday. The company has a market cap of $6.82 billion, a price-to-earnings ratio of 27.83, a PEG ratio of 2.17 and a beta of 1.24. The company has a 50 day moving average of $144.61 and a 200-day moving average of $134.91. Choice Hotels International, Inc. has a 1-year low of $108.91 and a 1-year high of $153.81.

Choice Hotels International (NYSE:CHH) last announced its quarterly earnings data on Monday, November 4th. The company reported $2.23 earnings per share for the quarter, beating the consensus estimate of $1.92 by $0.31. The firm had revenue of $428.00 million during the quarter, compared to analysts’ expectations of $432.62 million. Choice Hotels International had a negative return on equity of 659.01% and a net margin of 16.27%. The company’s quarterly revenue was up .6% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.82 EPS. On average, equities research analysts forecast that Choice Hotels International, Inc. will post 6.84 earnings per share for the current year.

Choice Hotels International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 16th. Shareholders of record on Thursday, January 2nd were paid a dividend of $0.2875 per share. The ex-dividend date was Thursday, January 2nd. This represents a $1.15 dividend on an annualized basis and a yield of 0.79%. Choice Hotels International’s payout ratio is 22.03%.

Insider Buying and Selling at Choice Hotels International

In related news, CEO Patrick Pacious sold 7,192 shares of the stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $144.95, for a total transaction of $1,042,480.40. Following the sale, the chief executive officer now 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 legal filing with the SEC, which is accessible through this link. Insiders own 24.02% of the company’s stock.

Analyst Ratings Changes

CHH has been the subject of several research analyst reports. Susquehanna lifted their target price on Choice Hotels International from $125.00 to $130.00 and gave the stock a “neutral” rating in a research note on Thursday, November 7th. Robert W. Baird lifted their price objective on shares of Choice Hotels International from $138.00 to $145.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 6th. StockNews.com upgraded shares of Choice Hotels International from a “sell” rating to a “hold” rating in a report on Thursday, October 3rd. Barclays raised their target price on shares of Choice Hotels International from $123.00 to $129.00 and gave the stock an “underweight” rating in a research note on Friday, December 13th. Finally, The Goldman Sachs Group upped their price target on shares of Choice Hotels International from $118.00 to $138.00 and gave the company a “sell” rating in a research note on Tuesday, December 10th. Five equities research analysts have rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $133.27.

Choice Hotels International Profile

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.