Choice Hotels International, Inc. (CHH) Reaches $80.55 52-Week High; Advent Capital Management Has Trimmed Verizon Communications (VZ) Holding

January 14, 2018 - By Adrian Erickson

The stock of Choice Hotels International, Inc. (NYSE:CHH) hit a new 52-week high and has $83.77 target or 4.00% above today’s $80.55 share price. The 9 months bullish chart indicates low risk for the $4.56 billion company. The 1-year high was reported on Jan, 14 by Barchart.com. If the $83.77 price target is reached, the company will be worth $182.36 million more. The stock increased 1.00% or $0.8 during the last trading session, reaching $80.55. About 231,487 shares traded or 9.27% up from the average. Choice Hotels International, Inc. (NYSE:CHH) has risen 43.17% since January 14, 2017 and is uptrending. It has outperformed by 26.47% the S&P500.

Advent Capital Management decreased Verizon Communications Inc (VZ) stake by 24.24% reported in 2017Q3 SEC filing. Advent Capital Management sold 40,000 shares as Verizon Communications Inc (VZ)’s stock declined 7.66%. The Advent Capital Management holds 125,000 shares with $6.19M value, down from 165,000 last quarter. Verizon Communications Inc now has $211.56 billion valuation. The stock decreased 0.48% or $0.25 during the last trading session, reaching $51.86. About 17.67M shares traded or 5.69% up from the average. Verizon Communications Inc. (NYSE:VZ) has declined 8.48% since January 14, 2017 and is downtrending. It has underperformed by 25.18% the S&P500.

Analysts await Choice Hotels International, Inc. (NYSE:CHH) to report earnings on February, 21. They expect $0.63 earnings per share, up 12.50% or $0.07 from last year’s $0.56 per share. CHH’s profit will be $35.66M for 31.96 P/E if the $0.63 EPS becomes a reality. After $0.95 actual earnings per share reported by Choice Hotels International, Inc. for the previous quarter, Wall Street now forecasts -33.68% negative EPS growth.

Choice Hotels International, Inc., together with its subsidiaries, operates as a hotel franchisor worldwide. The company has market cap of $4.56 billion. It operates in two divisions, Hotel Franchising and SkyTouch Technology. It has a 29.83 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.

Since August 24, 2017, it had 0 insider purchases, and 6 insider sales for $3.34 million activity. $17,396 worth of Choice Hotels International, Inc. (NYSE:CHH) was sold by Pepper David A on Friday, August 25. On Friday, September 1 BAINUM BRUCE sold $495,775 worth of Choice Hotels International, Inc. (NYSE:CHH) or 7,977 shares. 11,149 shares were sold by Pacious Patrick, worth $844,871 on Friday, November 17.

Among 12 analysts covering Choice Hotels International (NYSE:CHH), 1 have Buy rating, 5 Sell and 6 Hold. Therefore 8% are positive. Choice Hotels International had 26 analyst reports since July 30, 2015 according to SRatingsIntel. The firm has “Market Perform” rating given on Monday, January 4 by Telsey Advisory Group. The firm has “Hold” rating by Deutsche Bank given on Thursday, July 13. As per Thursday, July 30, the company rating was upgraded by JP Morgan. The firm earned “Market Perform” rating on Friday, February 19 by Telsey Advisory Group. The firm has “Hold” rating given on Tuesday, October 17 by SunTrust. The firm earned “Hold” rating on Friday, February 19 by Deutsche Bank. On Wednesday, August 2 the stock rating was maintained by Deutsche Bank with “Hold”. The company was downgraded on Wednesday, December 13 by J.P. Morgan. The stock of Choice Hotels International, Inc. (NYSE:CHH) has “Underweight” rating given on Wednesday, January 6 by JP Morgan. The stock of Choice Hotels International, Inc. (NYSE:CHH) earned “Outperform” rating by Wells Fargo on Tuesday, December 13.

Investors sentiment decreased to 1.31 in 2017 Q3. Its down 0.04, from 1.35 in 2017Q2. It worsened, as 18 investors sold Choice Hotels International, Inc. shares while 44 reduced holdings. 25 funds opened positions while 56 raised stakes. 28.38 million shares or 1.19% more from 28.04 million shares in 2017Q2 were reported. Nomura Hldgs invested 0% in Choice Hotels International, Inc. (NYSE:CHH). Meeder Asset has invested 0% in Choice Hotels International, Inc. (NYSE:CHH). Schwab Charles Inv Incorporated owns 168,174 shares. 20,494 are held by Zebra Capital Mgmt Ltd Com. Wellington Mgmt Grp Incorporated Llp holds 0.04% in Choice Hotels International, Inc. (NYSE:CHH) or 2.94 million shares. Art Ltd Company has 3,500 shares. Alliancebernstein Lp holds 19,363 shares or 0% of its portfolio. Glenmede Tru Na owns 4,881 shares. X Mgmt Company accumulated 4,908 shares or 0.01% of the stock. Landscape Cap Mgmt Ltd Liability Com owns 18,771 shares for 0.12% of their portfolio. Nationwide Fund Advsr has 29,650 shares for 0.01% of their portfolio. Quantbot Techs Lp holds 0% or 375 shares in its portfolio. Bamco New York holds 1.46% in Choice Hotels International, Inc. (NYSE:CHH) or 4.81M shares. California State Teachers Retirement Sys accumulated 53,762 shares or 0.01% of the stock. Jefferies Group Ltd Liability Corporation owns 0% invested in Choice Hotels International, Inc. (NYSE:CHH) for 6,548 shares.

Since August 28, 2017, it had 0 insider purchases, and 3 selling transactions for $89,365 activity. SILLIMAN CRAIG L. sold $29,658 worth of stock or 610 shares.

Analysts await Verizon Communications Inc. (NYSE:VZ) to report earnings on January, 23. They expect $0.88 earnings per share, up 2.33% or $0.02 from last year’s $0.86 per share. VZ’s profit will be $3.59 billion for 14.73 P/E if the $0.88 EPS becomes a reality. After $0.98 actual earnings per share reported by Verizon Communications Inc. for the previous quarter, Wall Street now forecasts -10.20% negative EPS growth.

Among 26 analysts covering Verizon Communications Inc. (NYSE:VZ), 7 have Buy rating, 0 Sell and 19 Hold. Therefore 27% are positive. Verizon Communications Inc. had 63 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was initiated by Macquarie Research on Tuesday, April 5 with “Neutral”. As per Monday, July 31, the company rating was maintained by RBC Capital Markets. The firm has “Hold” rating given on Thursday, June 15 by Macquarie Research. Nomura initiated Verizon Communications Inc. (NYSE:VZ) rating on Friday, October 16. Nomura has “Neutral” rating and $47 target. The rating was downgraded by Argus Research on Friday, April 21 to “Hold”. DA Davidson initiated Verizon Communications Inc. (NYSE:VZ) on Thursday, February 4 with “Neutral” rating. Barclays Capital maintained Verizon Communications Inc. (NYSE:VZ) on Monday, April 18 with “Equal-Weight” rating. Zacks downgraded Verizon Communications Inc. (NYSE:VZ) on Monday, September 7 to “Hold” rating. The rating was maintained by RBC Capital Markets on Friday, May 26 with “Hold”. The rating was maintained by RBC Capital Markets on Friday, October 20 with “Hold”.

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