AXQ Capital LP Has $300,000 Stock Holdings in Choice Hotels International, Inc. (NYSE:CHH)

AXQ Capital LP lessened its holdings in shares of Choice Hotels International, Inc. (NYSE:CHH - Free Report) by 73.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,111 shares of the company's stock after selling 5,969 shares during the quarter. AXQ Capital LP's holdings in Choice Hotels International were worth $300,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Sanctuary Advisors LLC boosted its stake in shares of Choice Hotels International by 33.4% during the 3rd quarter. Sanctuary Advisors LLC now owns 16,834 shares of the company's stock worth $2,193,000 after acquiring an additional 4,219 shares in the last quarter. TD Private Client Wealth LLC boosted its position in Choice Hotels International by 30.1% during the third quarter. TD Private Client Wealth LLC now owns 14,889 shares of the company's stock worth $1,940,000 after purchasing an additional 3,446 shares during the period. Erste Asset Management GmbH acquired a new position in Choice Hotels International during the third quarter valued at approximately $19,545,000. Twelve Points Wealth Management LLC bought a new position in shares of Choice Hotels International in the fourth quarter valued at approximately $879,000. Finally, OFI Invest Asset Management acquired a new stake in shares of Choice Hotels International in the fourth quarter worth $2,258,000. 65.57% of the stock is currently owned by institutional investors and hedge funds.

Choice Hotels International Stock Up 0.3 %

NYSE CHH traded up $0.34 on Thursday, reaching $133.50. The company had a trading volume of 308,350 shares, compared to its average volume of 406,315. Choice Hotels International, Inc. has a 52 week low of $109.22 and a 52 week high of $157.86. The stock has a market cap of $6.24 billion, a price-to-earnings ratio of 21.43, a PEG ratio of 1.90 and a beta of 1.25. The stock's 50 day moving average is $143.36 and its 200-day moving average is $140.65.

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Choice Hotels International (NYSE:CHH - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The company reported $1.55 earnings per share for the quarter, beating analysts' consensus estimates of $1.45 by $0.10. Choice Hotels International had a net margin of 18.91% and a negative return on equity of 472.31%. The business had revenue of $389.77 million for the quarter, compared to the consensus estimate of $374.24 million. As a group, analysts forecast that Choice Hotels International, Inc. will post 7.07 EPS for the current year.

Choice Hotels International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 16th. Stockholders of record on Tuesday, April 1st will be issued a dividend of $0.2875 per share. This represents a $1.15 annualized dividend and a dividend yield of 0.86%. The ex-dividend date is Tuesday, April 1st. Choice Hotels International's dividend payout ratio (DPR) is presently 18.46%.

Insider Activity at Choice Hotels International

In other news, CFO Scott E. Oaksmith sold 1,780 shares of the company's stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $144.40, for a total transaction of $257,032.00. Following the completion of the transaction, the chief financial officer now directly owns 32,014 shares of the company's stock, valued at $4,622,821.60. This represents a 5.27 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Dominic Dragisich sold 3,500 shares of the business's stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $148.30, for a total value of $519,050.00. Following the completion of the sale, the executive vice president now owns 68,913 shares in the company, valued at $10,219,797.90. The trade was a 4.83 % decrease in their position. The disclosure for this sale can be found here. 24.02% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Robert W. Baird lifted their target price on shares of Choice Hotels International from $145.00 to $160.00 and gave the stock an "outperform" rating in a report on Tuesday, February 25th. Redburn Atlantic upgraded shares of Choice Hotels International from a "sell" rating to a "neutral" rating and set a $132.00 target price for the company in a research note on Monday. StockNews.com downgraded shares of Choice Hotels International from a "buy" rating to a "hold" rating in a research note on Saturday, March 15th. Morgan Stanley upped their price objective on Choice Hotels International from $131.00 to $139.00 and gave the company an "underweight" rating in a research note on Tuesday, March 4th. Finally, Barclays upped their target price on shares of Choice Hotels International from $129.00 to $132.00 and gave the stock an "underweight" rating in a report on Friday, February 21st. Five equities research analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $140.62.

About Choice Hotels International

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.