Choice Hotels International Inc Stock as Institutional Investors Enter

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 funds increased and started new holdings, while 68 cut down and sold stakes in Choice Hotels International Inc. The funds in our partner’s database reported: 33.14 million shares, up from 31.79 million shares in 2018Q4. Also, the number of funds holding Choice Hotels International Inc in their top 10 holdings 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. Wells Fargo maintained it with “Market Perform” rating and $9000 target in Tuesday, August 13 report. SunTrust maintained Choice Hotels International, Inc. (NYSE:CHH) rating on Tuesday, February 19. SunTrust has “Hold” rating and $87 target. The firm earned “Hold” rating on Tuesday, February 19 by Morgan Stanley.

More notable recent Choice Hotels International, Inc. (NYSE:CHH) news were published by: Prnewswire.com which released: “Choice Hotels Celebrates Major Milestones and 80 Years of ‘Stand-Out’ Success at 65th Annual Convention – PRNewswire” on April 30, 2019, also Prnewswire.com with their article: “Construction Begins On California Cambria Hotel – PRNewswire” published on July 11, 2019, Prnewswire.com published: “Choice Hotels Announces the Opening of the Largest Hotel in its Growing Portfolio – PRNewswire” on March 21, 2019. More interesting news about Choice Hotels International, Inc. (NYSE:CHH) were released by: Prnewswire.com and their article: “Choice Hotels Launches New Nationwide Advertising Campaign – PRNewswire” published on June 17, 2019 as well as Finance.Yahoo.com‘s news article titled: “Here’s What Hedge Funds Think About Choice Hotels International, Inc. (CHH) – Yahoo Finance” with publication date: June 19, 2019.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.