Capital Fund Management S.A. acquired a new stake in Choice Hotels International Inc (NYSE:CHH) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 8,300 shares of the company’s stock, valued at approximately $691,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CHH. Fort L.P. acquired a new stake in shares of Choice Hotels International in the 2nd quarter valued at approximately $116,000. BNP Paribas Arbitrage SA boosted its holdings in shares of Choice Hotels International by 340.3% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 1,594 shares of the company’s stock valued at $121,000 after buying an additional 1,232 shares during the last quarter. McAdam LLC boosted its holdings in shares of Choice Hotels International by 1,302.5% in the 3rd quarter. McAdam LLC now owns 2,819 shares of the company’s stock valued at $230,000 after buying an additional 2,618 shares during the last quarter. Tower Research Capital LLC TRC acquired a new stake in shares of Choice Hotels International in the 3rd quarter valued at approximately $245,000. Finally, Verition Fund Management LLC acquired a new stake in shares of Choice Hotels International in the 2nd quarter valued at approximately $274,000. 57.19% of the stock is owned by institutional investors.

CHH opened at $76.92 on Thursday. Choice Hotels International Inc has a 1-year low of $69.06 and a 1-year high of $85.35. The firm has a market capitalization of $4.28 billion, a P/E ratio of 20.92, a price-to-earnings-growth ratio of 2.33 and a beta of 1.06.

Choice Hotels International (NYSE:CHH) last posted its quarterly earnings results on Thursday, November 8th. The company reported $1.24 earnings per share for the quarter, beating analysts’ consensus estimates of $1.16 by $0.08. Choice Hotels International had a negative return on equity of 98.61% and a net margin of 17.26%. The business had revenue of $291.50 million for the quarter, compared to analysts’ expectations of $321.69 million. During the same quarter in the prior year, the business earned $0.95 EPS. The firm’s revenue for the quarter was down 1.8% on a year-over-year basis. On average, equities analysts expect that Choice Hotels International Inc will post 3.85 earnings per share for the current year.

A number of research firms recently weighed in on CHH. JPMorgan Chase & Co. dropped their price target on Choice Hotels International to $71.00 and set an “underweight” rating on the stock in a research note on Friday, November 9th. SunTrust Banks dropped their price target on Choice Hotels International to $80.00 and set a “hold” rating on the stock in a research note on Thursday, November 15th. Wells Fargo & Co restated a “hold” rating on shares of Choice Hotels International in a research note on Thursday, August 9th. Jefferies Financial Group set a $83.00 price target on Choice Hotels International and gave the company a “hold” rating in a research note on Friday, November 9th. Finally, ValuEngine upgraded Choice Hotels International from a “hold” rating to a “buy” rating in a research note on Saturday, September 22nd. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the company. Choice Hotels International presently has an average rating of “Hold” and a consensus target price of $82.00.

In other Choice Hotels International news, insider Patrick Cimerola sold 5,180 shares of the stock in a transaction on Thursday, September 20th. The stock was sold at an average price of $83.05, for a total transaction of $430,199.00. Following the transaction, the insider now owns 26,009 shares in the company, valued at approximately $2,160,047.45. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Patrick Pacious sold 35,350 shares of the stock in a transaction on Friday, September 21st. The stock was sold at an average price of $82.33, for a total value of $2,910,365.50. Following the transaction, the chief executive officer now owns 139,498 shares in the company, valued at approximately $11,484,870.34. The disclosure for this sale can be found here. Insiders have sold a total of 55,323 shares of company stock worth $4,553,317 in the last quarter. Company insiders own 22.01% of the company’s stock.

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Choice Hotels International Profile

Choice Hotels International, Inc, together with its subsidiaries, operates as a hotel franchisor worldwide. It operates through Hotel Franchising and SkyTouch Technology segments. The company franchises lodging properties under the brand names of Comfort Inn, Comfort Suites, Quality, Clarion, Sleep Inn, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Extended Stay Hotel, Cambria hotels & suites, and Ascend Hotel Collection.

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Institutional Ownership by Quarter for Choice Hotels International (NYSE:CHH)

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