Choice Hotels International Inc Q1 2019 Institutional Investor Sentiment Better Than Expected

Choice Hotels International, Inc. (NYSE:CHH) Logo

Sentiment for Choice Hotels International Inc (NYSE:CHH)

Choice Hotels International Inc (NYSE:CHH) institutional sentiment increased to 1.1 in 2019 Q1. Its up 0.06, from 1.04 in 2018Q4. The ratio has increased, as 75 investment professionals started new or increased positions, while 68 sold and reduced equity positions in Choice Hotels International Inc. The investment professionals in our partner’s database now own: 33.14 million shares, up from 31.79 million shares in 2018Q4. Also, the number of investment professionals holding Choice Hotels International Inc in their top 10 positions decreased from 2 to 1 for a decrease of 1. Sold All: 14 Reduced: 54 Increased: 49 New Position: 26.

Choice Hotels International, Inc., together with its subsidiaries, operates as a hotel franchisor worldwide. The company has market cap of $4.72 billion. It operates in two divisions, Hotel Franchising and SkyTouch Technology. It has a 22.8 P/E ratio. The firm franchises lodging properties under the proprietary brand names Comfort Inn, Comfort Suites, Quality, Clarion, Sleep Inn, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Extended Stay Hotel, Cambria hotels and suites, and Ascend Hotel Collection.

The stock decreased 0.24% or $0.21 during the last trading session, reaching $87.49. About 159,451 shares traded. Choice Hotels International, Inc. (NYSE:CHH) has risen 13.66% since August 15, 2018 and is uptrending. It has outperformed by 13.66% the S&P500.

Echo Street Capital Management Llc holds 3% of its portfolio in Choice Hotels International, Inc. for 1.97 million shares. Sirios Capital Management L P owns 384,526 shares or 1.81% of their US portfolio. Moreover, Bamco Inc Ny has 1.61% invested in the company for 4.89 million shares. The Minnesota-based Tealwood Asset Management Inc has invested 1.28% in the stock. Atlanta Capital Management Co L L C, a Georgia-based fund reported 3.26 million shares.

Choice Hotels International, Inc. (NYSE:CHH) Ratings Coverage

Ratings analysis reveals 0 of Choice Hotels’s analysts are positive. Out of 3 Wall Street analysts rating Choice Hotels, 0 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $75 while the high is $9000. The stock’s average target of $84 is -3.99% below today’s ($87.49) share price. CHH was included in 5 notes of analysts from February 19, 2019. The stock of Choice Hotels International, Inc. (NYSE:CHH) earned “Hold” rating by SunTrust on Tuesday, February 19. Morgan Stanley maintained Choice Hotels International, Inc. (NYSE:CHH) rating on Tuesday, February 19. Morgan Stanley has “Hold” rating and $75 target. The rating was maintained by Wells Fargo with “Market Perform” on Tuesday, August 13.

More notable recent Choice Hotels International, Inc. (NYSE:CHH) news were published by: Prnewswire.com which released: “Choice Hotels Announces the Opening of the Largest Hotel in its Growing Portfolio – PRNewswire” on March 21, 2019, also Prnewswire.com with their article: “First Clarion Pointe Hotel Opens in Texas – PRNewswire” published on May 01, 2019, Prnewswire.com published: “Choice Hotels Honors Top Franchisees with Premier and ‘Best of Choice’ Awards at 65th Annual Convention – PRNewswire” on May 03, 2019. More interesting news about Choice Hotels International, Inc. (NYSE:CHH) were released by: Prnewswire.com and their article: “Choice Hotels Announces Corporate Travel Focus Following Years Of Strategic Investments – PRNewswire” published on June 06, 2019 as well as Prnewswire.com‘s news article titled: “Choice Privileges Recognized As A Leading Travel Rewards Program For Fourth Consecutive Year By US News & World Report – PRNewswire” with publication date: August 07, 2019.

Choice Hotels International, Inc. (NYSE:CHH) Institutional Positions Chart

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