Could Choice Hotels International Inc (CHH) Lose its Strength? The Stock Reaches 52-Week High

June 20, 2017 - By Peter Erickson

Investors sentiment decreased to 1.06 in Q4 2016. Its down 0.75, from 1.81 in 2016Q3. It fall, as 15 investors sold Choice Hotels International Inc shares while 49 reduced holdings. 28 funds opened positions while 40 raised stakes. 26.96 million shares or 0.69% less from 27.15 million shares in 2016Q3 were reported.
Credit Suisse Ag owns 147,658 shares. Huntington Retail Bank has invested 0% in Choice Hotels International Inc (NYSE:CHH). Pub Employees Retirement Association Of Colorado holds 9,874 shares. Barclays Public Ltd Com reported 3,187 shares. Sandy Spring Financial Bank invested in 150 shares. Jefferies Gp Limited reported 8,407 shares. Blackrock reported 0.01% of its portfolio in Choice Hotels International Inc (NYSE:CHH). Los Angeles Cap And Equity Rech holds 173,366 shares or 0.08% of its portfolio. Creative Planning holds 0% of its portfolio in Choice Hotels International Inc (NYSE:CHH) for 800 shares. Tower Cap Ltd Limited Liability Company (Trc) holds 2,043 shares or 0.01% of its portfolio. Tfs Capital Limited Company holds 0.14% or 9,020 shares. Us Bank & Trust De reported 0% stake. Blackrock Fund Advsr reported 387,600 shares. Tiaa Cref Investment Mngmt Limited Liability Co holds 0.01% or 120,067 shares. Victory Capital Mngmt has 2,537 shares.

Since December 22, 2016, it had 0 insider purchases, and 5 selling transactions for $18.25 million activity. The insider WU Simone sold $810,975. $941,097 worth of Choice Hotels International Inc (NYSE:CHH) shares were sold by Cimerola Patrick. On Monday, January 9 the insider BAINUM BRUCE sold $5.58M.

The stock of Choice Hotels International Inc (NYSE:CHH) hit a new 52-week high and has $71.60 target or 8.00 % above today’s $66.30 share price. The 8 months bullish chart indicates low risk for the $3.79 billion company. The 1-year high was reported on Jun, 20 by If the $71.60 price target is reached, the company will be worth $303.20M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

About 48,053 shares traded. Choice Hotels International Inc (NYSE:CHH) has risen 43.17% since June 20, 2016 and is uptrending. It has outperformed by 26.47% the S&P500.

Choice Hotels International Inc (NYSE:CHH) Ratings Coverage

Among 9 analysts covering Choice Hotels International (NYSE:CHH), 1 have Buy rating, 2 Sell and 6 Hold. Therefore 11% are positive. Choice Hotels International has $65 highest and $38 lowest target. $53.11’s average target is -19.89% below currents $66.3 stock price. Choice Hotels International had 18 analyst reports since July 30, 2015 according to SRatingsIntel. The firm earned “Equal-Weight” rating on Monday, September 26 by Morgan Stanley. The firm has “Neutral” rating given on Monday, December 5 by M Partners. The rating was maintained by Barclays Capital with “Underweight” on Saturday, August 15. The firm has “Neutral” rating given on Thursday, July 30 by JP Morgan. The firm has “Hold” rating by Deutsche Bank given on Friday, February 19. As per Thursday, January 14, the company rating was downgraded by M Partners. The stock of Choice Hotels International Inc (NYSE:CHH) earned “Overweight” rating by Morgan Stanley on Thursday, January 12. JP Morgan downgraded the stock to “Underweight” rating in Wednesday, January 6 report. Morgan Stanley downgraded it to “Equal-Weight” rating and $65 target in Friday, May 5 report. The stock of Choice Hotels International Inc (NYSE:CHH) earned “Neutral” rating by JP Morgan on Friday, February 19.

More notable recent Choice Hotels International Inc (NYSE:CHH) news were published by: which released: “Choice Hotels International Announces Cambria Hotels Topping Off in …” on May 04, 2017, also with their article: “Choice Hotels International Announces Cambria hotels & suites Continued Expansion” published on March 21, 2017, published: “Choice Hotels Announces Expansion of the Cambria hotels & suites brand in …” on January 23, 2017. More interesting news about Choice Hotels International Inc (NYSE:CHH) were released by: and their article: “Cambria Hotels Opens in Newport, RI” published on June 12, 2017 as well as‘s news article titled: “Choice Hotels International’s (CHH) CEO Steve Joyce On Q1 2017 Results …” with publication date: May 04, 2017.

Choice Hotels International, Inc. is a hotel franchisor. The company has market cap of $3.79 billion. The Company’s divisions include Hotel Franchising, SkyTouch Technology and Corporate & Other. It has a 25.45 P/E ratio. It franchises lodging properties under brand names, including Comfort Inn, Comfort Suites, Quality, Clarion, Sleep Inn, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Extended Stay Hotel, Cambria hotels & suites, and Ascend Hotel Collection.

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