Venturi Wealth Management LLC Sells 81 Shares of Choice Hotels International, Inc. (NYSE:CHH)

Venturi Wealth Management LLC trimmed its position in Choice Hotels International, Inc. (NYSE:CHH) by 3.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,400 shares of the company’s stock after selling 81 shares during the quarter. Venturi Wealth Management LLC’s holdings in Choice Hotels International were worth $341,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Creative Planning increased its stake in Choice Hotels International by 28.1% in the 3rd quarter. Creative Planning now owns 2,443 shares of the company’s stock worth $318,000 after acquiring an additional 536 shares during the last quarter. Bleakley Financial Group LLC purchased a new position in shares of Choice Hotels International in the third quarter valued at $261,000. Blue Trust Inc. increased its position in Choice Hotels International by 81.4% in the third quarter. Blue Trust Inc. now owns 399 shares of the company’s stock worth $47,000 after purchasing an additional 179 shares during the last quarter. International Assets Investment Management LLC bought a new stake in Choice Hotels International in the third quarter worth $42,280,000. Finally, Diversify Wealth Management LLC raised its stake in Choice Hotels International by 15.0% during the third quarter. Diversify Wealth Management LLC now owns 2,386 shares of the company’s stock valued at $315,000 after purchasing an additional 312 shares in the last quarter. 65.57% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have commented on CHH shares. 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 note on Thursday, January 2nd. Barclays lifted their price target on Choice Hotels International from $123.00 to $129.00 and gave the stock an “underweight” rating in a research report on Friday, December 13th. Susquehanna boosted their price objective on Choice Hotels International from $125.00 to $130.00 and gave the stock a “neutral” rating in a research note on Thursday, November 7th. JPMorgan Chase & Co. raised their price objective on Choice Hotels International from $122.00 to $135.00 and gave the company an “underweight” rating in a research note on Friday, December 13th. Finally, Morgan Stanley reissued an “underweight” rating and set a $129.00 target price (down previously from $145.00) on shares of Choice Hotels International in a research report on Tuesday, January 14th. Five equities research analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $136.33.

Choice Hotels International Stock Up 2.8 %

CHH stock opened at $151.84 on Friday. The firm has a market cap of $7.12 billion, a price-to-earnings ratio of 29.09, a PEG ratio of 1.87 and a beta of 1.23. Choice Hotels International, Inc. has a twelve month low of $108.91 and a twelve month high of $157.86. The business’s fifty day simple moving average is $145.02 and its two-hundred day simple moving average is $138.21.

Choice Hotels International (NYSE:CHH) last posted its quarterly earnings results on Thursday, February 20th. The company reported $1.55 EPS for the quarter, topping the consensus estimate of $1.45 by $0.10. Choice Hotels International had a net margin of 16.27% and a negative return on equity of 659.01%. Research analysts expect that Choice Hotels International, Inc. will post 6.84 EPS for the current year.

Choice Hotels International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, January 16th. Stockholders 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 0.76%. The ex-dividend date of this dividend was Thursday, January 2nd. Choice Hotels International’s dividend payout ratio is presently 22.03%.

Choice Hotels International Company 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.