Avior Wealth Management LLC Sells 470 Shares of Choice Hotels International, Inc. (NYSE:CHH)

Avior Wealth Management LLC trimmed its position in shares of Choice Hotels International, Inc. (NYSE:CHH) by 7.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 6,278 shares of the company’s stock after selling 470 shares during the quarter. Avior Wealth Management LLC’s holdings in Choice Hotels International were worth $891,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Eagle Bay Advisors LLC raised its holdings 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 in the last quarter. Huntington National Bank boosted its stake in shares of Choice Hotels International by 4.7% during the 3rd quarter. Huntington National Bank now owns 2,267 shares of the company’s stock worth $295,000 after acquiring an additional 101 shares in the last quarter. Aurora Investment Managers LLC. boosted its stake in shares of Choice Hotels International by 0.9% during the 3rd quarter. Aurora Investment Managers LLC. now owns 12,465 shares of the company’s stock worth $1,624,000 after acquiring an additional 113 shares in the last quarter. Malaga Cove Capital LLC boosted its stake in shares of Choice Hotels International by 8.0% during the 3rd quarter. Malaga Cove Capital LLC now owns 2,034 shares of the company’s stock worth $265,000 after acquiring an additional 150 shares in the last quarter. Finally, Blue Trust Inc. lifted its stake in Choice Hotels International by 81.4% in the 3rd quarter. Blue Trust Inc. now owns 399 shares of the company’s stock valued at $47,000 after buying an additional 179 shares in the last quarter. 65.57% of the stock is owned by institutional investors.

Choice Hotels International Trading Up 0.1 %

Shares of CHH opened at $145.87 on Friday. The firm’s 50-day moving average is $144.63 and its two-hundred day moving average is $135.19. Choice Hotels International, Inc. has a twelve month low of $108.91 and a twelve month high of $153.81. The firm has a market capitalization of $6.84 billion, a P/E ratio of 27.95, a PEG ratio of 2.22 and a beta of 1.24.

Choice Hotels International (NYSE:CHH) last issued its 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. Choice Hotels International had a net margin of 16.27% and a negative return on equity of 659.01%. The company had revenue of $428.00 million for the quarter, compared to analyst estimates of $432.62 million. During the same period in the prior year, the business posted $1.82 earnings per share. The firm’s revenue for the quarter was up .6% compared to the same quarter last year. Analysts predict that Choice Hotels International, Inc. will post 6.84 EPS for the current year.

Choice Hotels International Announces Dividend

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

Analyst Ratings Changes

CHH has been the topic of a number of research reports. StockNews.com raised shares of Choice Hotels International from a “sell” rating to a “hold” rating in a research note on Thursday, October 3rd. Morgan Stanley restated an “underweight” rating and set a $129.00 price target (down previously from $145.00) on shares of Choice Hotels International in a report on Tuesday, January 14th. The Goldman Sachs Group boosted their price target on shares of Choice Hotels International from $118.00 to $138.00 and gave the stock a “sell” rating in a research note on Tuesday, December 10th. Barclays lifted their price objective on shares of Choice Hotels International from $123.00 to $129.00 and gave the stock an “underweight” rating in a research report on Friday, December 13th. Finally, Jefferies Financial Group lifted their price objective on shares of Choice Hotels International from $150.00 to $152.00 and gave the stock a “hold” rating in a research report on Thursday, January 2nd. Five investment analysts have rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $133.27.

Insider Activity at Choice Hotels International

In other Choice Hotels International 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 transaction, the chief executive officer now owns 404,666 shares of the company’s stock, valued at $58,656,336.70. This trade represents a 1.75 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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.