One Wealth Advisors LLC Makes New $209,000 Investment in Choice Hotels International, Inc. (NYSE:CHH)

One Wealth Advisors LLC bought a new position in shares of Choice Hotels International, Inc. (NYSE:CHH) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 1,471 shares of the company’s stock, valued at approximately $209,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its holdings in shares of Choice Hotels International by 38.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 402,293 shares of the company’s stock valued at $52,419,000 after buying an additional 111,903 shares in the last quarter. Raymond James & Associates boosted its stake in Choice Hotels International by 45.4% during the third quarter. Raymond James & Associates now owns 364,983 shares of the company’s stock worth $47,557,000 after acquiring an additional 113,951 shares in the last quarter. Erste Asset Management GmbH bought a new position in shares of Choice Hotels International during the third quarter valued at approximately $19,545,000. Stifel Financial Corp lifted its holdings in shares of Choice Hotels International by 31.4% during the third quarter. Stifel Financial Corp now owns 143,783 shares of the company’s stock valued at $18,735,000 after purchasing an additional 34,396 shares during the last quarter. Finally, Markel Group Inc. boosted its position in shares of Choice Hotels International by 4.5% in the 3rd quarter. Markel Group Inc. now owns 115,500 shares of the company’s stock worth $15,050,000 after purchasing an additional 5,000 shares in the last quarter. Hedge funds and other institutional investors own 65.57% of the company’s stock.

Choice Hotels International Stock Up 1.2 %

Shares of NYSE:CHH opened at $149.07 on Tuesday. The stock has a market capitalization of $6.99 billion, a PE ratio of 28.56, a price-to-earnings-growth ratio of 1.84 and a beta of 1.24. The firm’s 50 day moving average price is $144.59 and its 200-day moving average price is $136.24. Choice Hotels International, Inc. has a twelve month low of $108.91 and a twelve month high of $153.81.

Choice Hotels International (NYSE:CHH) last released its quarterly earnings results on Monday, November 4th. The company reported $2.23 earnings per share for the quarter, topping the consensus estimate of $1.92 by $0.31. The business had revenue of $428.00 million for the quarter, compared to the consensus estimate of $432.62 million. Choice Hotels International had a net margin of 16.27% and a negative return on equity of 659.01%. The company’s quarterly revenue was up .6% on a year-over-year basis. During the same period last year, the firm earned $1.82 earnings per share. Analysts expect that Choice Hotels International, Inc. will post 6.84 earnings per share for the current fiscal year.

Choice Hotels International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 16th. Shareholders of record on Thursday, January 2nd were issued a dividend of $0.2875 per share. This represents a $1.15 annualized dividend and a yield of 0.77%. The ex-dividend date was Thursday, January 2nd. Choice Hotels International’s dividend payout ratio is presently 22.03%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on CHH. Morgan Stanley reiterated an “underweight” rating and set a $129.00 price objective (down previously from $145.00) on shares of Choice Hotels International in a research note on Tuesday, January 14th. Jefferies Financial Group increased their price objective on shares of Choice Hotels International from $150.00 to $152.00 and gave the company a “hold” rating in a research report on Thursday, January 2nd. Susquehanna lifted their target price on shares of Choice Hotels International from $125.00 to $130.00 and gave the stock a “neutral” rating in a report on Thursday, November 7th. Deutsche Bank Aktiengesellschaft increased their price target on shares of Choice Hotels International from $113.00 to $114.00 and gave the company a “hold” rating in a report on Tuesday, November 5th. Finally, Bank of America boosted their price objective on shares of Choice Hotels International from $160.00 to $165.00 and gave the stock a “buy” rating in a report on Monday, January 27th. Five investment analysts have rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $135.92.

Insiders Place Their Bets

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 value of $1,042,480.40. Following the completion of the sale, the chief executive officer now directly owns 404,666 shares of the company’s stock, valued at approximately $58,656,336.70. This represents a 1.75 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 24.02% of the company’s stock.

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.