Landscape Capital Management L.L.C. Has $812,000 Position in Choice Hotels International, Inc. (NYSE:CHH)

Landscape Capital Management L.L.C. cut its position in Choice Hotels International, Inc. (NYSE:CHH) by 16.1% during the 3rd quarter, HoldingsChannel reports. The firm owned 6,235 shares of the company’s stock after selling 1,194 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in Choice Hotels International were worth $812,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of CHH. Kayne Anderson Rudnick Investment Management LLC increased its position in shares of Choice Hotels International by 77.2% in the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 4,105,796 shares of the company’s stock valued at $488,590,000 after buying an additional 1,788,563 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of Choice Hotels International by 7.7% in the first quarter. Vanguard Group Inc. now owns 2,738,088 shares of the company’s stock worth $345,957,000 after acquiring an additional 195,956 shares in the last quarter. Boston Trust Walden Corp raised its position in shares of Choice Hotels International by 0.9% during the second quarter. Boston Trust Walden Corp now owns 941,560 shares of the company’s stock worth $112,046,000 after purchasing an additional 8,033 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Choice Hotels International by 4.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 675,142 shares of the company’s stock valued at $80,340,000 after purchasing an additional 26,289 shares in the last quarter. Finally, Raymond James & Associates grew its position in shares of Choice Hotels International by 45.4% in the 3rd quarter. Raymond James & Associates now owns 364,983 shares of the company’s stock valued at $47,557,000 after purchasing an additional 113,951 shares during the period. 65.57% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Choice Hotels International

In related news, SVP Simone Wu sold 7,840 shares of the business’s stock in a transaction that occurred on Thursday, September 19th. The stock was sold at an average price of $130.08, for a total transaction of $1,019,827.20. Following the transaction, the senior vice president now directly owns 45,669 shares of the company’s stock, valued at approximately $5,940,623.52. The trade was a 14.65 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Patrick Cimerola sold 1,714 shares of the firm’s stock in a transaction on Monday, October 14th. The shares were sold at an average price of $135.00, for a total value of $231,390.00. Following the sale, the insider now directly owns 18,084 shares of the company’s stock, valued at $2,441,340. This represents a 8.66 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 71,437 shares of company stock worth $9,788,980 in the last ninety days. Insiders own 24.02% of the company’s stock.

Analyst Ratings Changes

CHH has been the topic of a number of research reports. Barclays lifted their price target on shares of Choice Hotels International from $112.00 to $123.00 and gave the company an “underweight” rating in a research note on Tuesday, November 5th. The Goldman Sachs Group boosted their price objective on shares of Choice Hotels International from $105.00 to $118.00 and gave the company a “sell” rating in a research report on Tuesday, November 5th. Jefferies Financial Group cut Choice Hotels International from a “buy” rating to a “hold” rating and set a $150.00 target price for the company. in a report on Wednesday, November 6th. Morgan Stanley boosted their price target on Choice Hotels International from $134.00 to $141.00 and gave the company an “equal weight” rating in a report on Wednesday, November 13th. Finally, Robert W. Baird increased their price objective on Choice Hotels International from $138.00 to $145.00 and gave the stock an “outperform” rating in a report on Wednesday, November 6th. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $130.00.

Choice Hotels International Price Performance

NYSE:CHH opened at $149.66 on Friday. Choice Hotels International, Inc. has a 52-week low of $108.91 and a 52-week high of $150.35. The company has a market cap of $7.02 billion, a P/E ratio of 28.67, a P/E/G ratio of 2.30 and a beta of 1.24. The company has a debt-to-equity ratio of 177.75, a quick ratio of 0.71 and a current ratio of 0.71. The stock’s 50-day simple moving average is $136.91 and its 200 day simple moving average is $126.49.

Choice Hotels International (NYSE:CHH) last posted 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 firm had revenue of $428.00 million for the quarter, compared to analyst estimates of $432.62 million. Choice Hotels International had a negative return on equity of 659.01% and a net margin of 16.27%. The business’s quarterly revenue was up .6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.82 EPS. As a group, sell-side analysts forecast that Choice Hotels International, Inc. will post 6.83 EPS for the current fiscal year.

Choice Hotels International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 16th. Stockholders of record on Tuesday, October 1st were given a $0.2875 dividend. This represents a $1.15 dividend on an annualized basis and a dividend yield of 0.77%. The ex-dividend date was Tuesday, October 1st. Choice Hotels International’s dividend payout ratio (DPR) is presently 22.03%.

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.