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

Landscape Capital Management L.L.C. lowered its holdings in shares of Choice Hotels International, Inc. (NYSE:CHH) by 16.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,235 shares of the company’s stock after selling 1,194 shares during the period. Landscape Capital Management L.L.C.’s holdings in Choice Hotels International were worth $812,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Empowered Funds LLC acquired a new stake in shares of Choice Hotels International during the 3rd quarter valued at about $358,000. Huntington National Bank boosted its holdings in Choice Hotels International by 4.7% during the third quarter. Huntington National Bank now owns 2,267 shares of the company’s stock valued at $295,000 after purchasing an additional 101 shares in the last quarter. Versor Investments LP bought a new stake in shares of Choice Hotels International in the 3rd quarter valued at approximately $860,000. Venturi Wealth Management LLC raised its holdings in shares of Choice Hotels International by 42.0% in the 3rd quarter. Venturi Wealth Management LLC now owns 2,481 shares of the company’s stock worth $323,000 after buying an additional 734 shares in the last quarter. Finally, Crossmark Global Holdings Inc. raised its holdings in shares of Choice Hotels International by 20.2% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 2,288 shares of the company’s stock worth $298,000 after buying an additional 385 shares in the last quarter. Institutional investors own 65.57% of the company’s stock.

Choice Hotels International Price Performance

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

Choice Hotels International (NYSE:CHH) last released its earnings results on Monday, November 4th. The company reported $2.23 EPS for the quarter, beating the consensus estimate of $1.92 by $0.31. The company had revenue of $428.00 million during the quarter, compared to analysts’ expectations 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 revenue for the quarter was up .6% on a year-over-year basis. During the same period last year, the firm earned $1.82 EPS. Sell-side analysts anticipate that Choice Hotels International, Inc. will post 6.83 earnings per share for the current fiscal year.

Choice Hotels International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 16th. Shareholders of record on Tuesday, October 1st were issued a dividend of $0.2875 per share. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $1.15 annualized dividend and a yield of 0.77%. Choice Hotels International’s dividend payout ratio is currently 22.03%.

Insider Buying and Selling at Choice Hotels International

In other Choice Hotels International news, insider Patrick Cimerola sold 1,714 shares of the company’s stock in a transaction on Monday, October 14th. The shares were sold at an average price of $135.00, for a total transaction of $231,390.00. Following the completion of the sale, the insider now owns 18,084 shares in the company, valued at approximately $2,441,340. The trade was a 8.66 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Patrick Pacious sold 7,192 shares of the firm’s stock in a transaction on Friday, November 8th. The stock was sold at an average price of $144.95, for a total value of $1,042,480.40. Following the completion of the transaction, the chief executive officer now owns 404,666 shares in the company, valued at $58,656,336.70. This represents a 1.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 71,437 shares of company stock worth $9,788,980. Company insiders own 24.02% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on CHH. Barclays upped their price target on Choice Hotels International from $112.00 to $123.00 and gave the company an “underweight” rating in a research report on Tuesday, November 5th. The Goldman Sachs Group upped their target price on shares of Choice Hotels International from $105.00 to $118.00 and gave the stock a “sell” rating in a report on Tuesday, November 5th. Robert W. Baird lifted their price target on shares of Choice Hotels International from $138.00 to $145.00 and gave the company an “outperform” rating in a report on Wednesday, November 6th. Truist Financial decreased their price objective on shares of Choice Hotels International from $144.00 to $134.00 and set a “hold” rating on the stock in a research note on Wednesday, September 4th. Finally, Morgan Stanley lifted their target price on shares of Choice Hotels International from $134.00 to $141.00 and gave the company an “equal weight” rating in a research note on Wednesday, November 13th. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $130.00.

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.