Denali Advisors Boosted By $920,400 Its Macquarie Infrastructure Co Tr (MIC) Position; Choice Hotels International Has 1.31 Sentiment

December 12, 2017 - By Adrian Erickson

Choice Hotels International, Inc., together with its subsidiaries, operates as a hotel franchisor worldwide. The company has market cap of $4.39 billion. It operates in two divisions, Hotel Franchising and SkyTouch Technology. It has a 28.7 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.

Denali Advisors Llc increased Macquarie Infrastructure Co Tr (MIC) stake by 168.57% reported in 2017Q2 SEC filing. Denali Advisors Llc acquired 11,800 shares as Macquarie Infrastructure Co Tr (MIC)’s stock declined 1.43%. The Denali Advisors Llc holds 18,800 shares with $1.47 million value, up from 7,000 last quarter. Macquarie Infrastructure Co Tr now has $5.55B valuation. The stock increased 0.37% or $0.24 during the last trading session, reaching $65.61. About 749,856 shares traded. Macquarie Infrastructure Corporation (NYSE:MIC) has risen 11.18% since December 12, 2016 and is uptrending. It has underperformed by 5.52% the S&P500.

Echo Street Capital Management Llc holds 3.04% of its portfolio in Choice Hotels International, Inc. for 1.28 million shares. Bamco Inc Ny owns 4.81 million shares or 1.58% of their US portfolio. Moreover, Capital Growth Management Lp has 1% invested in the company for 340,000 shares. The Massachusetts-based Btim Corp. has invested 0.51% in the stock. Fenimore Asset Management Inc, a New York-based fund reported 183,075 shares.

Ratings analysis reveals 33% of Choice Hotels’s analysts are positive. Out of 3 Wall Street analysts rating Choice Hotels, 1 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. CHH was included in 3 notes of analysts from September 26, 2016. The rating was upgraded by Morgan Stanley on Monday, September 26 to “Equal-Weight”. Wells Fargo upgraded the shares of CHH in report on Tuesday, December 13 to “Outperform” rating. The stock has “Neutral” rating by M Partners on Monday, December 5.

Analysts await Choice Hotels International, Inc. (NYSE:CHH) to report earnings on February, 21. They expect $0.63 EPS, up 12.50% or $0.07 from last year’s $0.56 per share. CHH’s profit will be $35.65 million for 30.75 P/E if the $0.63 EPS becomes a reality. After $0.95 actual EPS reported by Choice Hotels International, Inc. for the previous quarter, Wall Street now forecasts -33.68% negative EPS growth.

The stock decreased 1.21% or $0.95 during the last trading session, reaching $77.5. About 206,537 shares traded or 15.08% up from the average. Choice Hotels International, Inc. (CHH) has risen 43.17% since December 12, 2016 and is uptrending. It has outperformed by 26.47% the S&P500.

Among 7 analysts covering MacQuarie Infrastructure (NYSE:MIC), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. MacQuarie Infrastructure had 18 analyst reports since August 5, 2015 according to SRatingsIntel. RBC Capital Markets maintained Macquarie Infrastructure Corporation (NYSE:MIC) on Wednesday, November 4 with “Outperform” rating. The stock has “Outperform” rating by RBC Capital Markets on Wednesday, August 5. On Sunday, August 20 the stock rating was maintained by RBC Capital Markets with “Buy”. The stock of Macquarie Infrastructure Corporation (NYSE:MIC) has “Overweight” rating given on Thursday, February 23 by Barclays Capital. The rating was maintained by RBC Capital Markets on Wednesday, November 2 with “Outperform”. RBC Capital Markets maintained Macquarie Infrastructure Corporation (NYSE:MIC) on Thursday, February 23 with “Outperform” rating. JP Morgan maintained it with “Overweight” rating and $90 target in Thursday, March 24 report. The rating was initiated by Suntrust Robinson on Tuesday, March 21 with “Buy”. Barclays Capital downgraded the shares of MIC in report on Tuesday, July 18 to “Equal-Weight” rating. The stock of Macquarie Infrastructure Corporation (NYSE:MIC) earned “Buy” rating by SunTrust on Thursday, November 2.

Investors sentiment decreased to 1.46 in Q2 2017. Its down 0.07, from 1.53 in 2017Q1. It dived, as 28 investors sold MIC shares while 85 reduced holdings. 48 funds opened positions while 125 raised stakes. 66.21 million shares or 2.63% less from 67.99 million shares in 2017Q1 were reported. Gulf National Bank & Trust (Uk) Limited reported 0.03% of its portfolio in Macquarie Infrastructure Corporation (NYSE:MIC). Advisory Svcs Ltd Limited Liability Company reported 257 shares or 0% of all its holdings. Clearbridge Limited Company has 0.1% invested in Macquarie Infrastructure Corporation (NYSE:MIC) for 1.27M shares. Tiger Legatus Management accumulated 525,000 shares. Grand Jean Cap Incorporated, California-based fund reported 148,197 shares. Moreover, Gamco Et Al has 0.33% invested in Macquarie Infrastructure Corporation (NYSE:MIC). Morgan Stanley accumulated 1.47 million shares. San Francisco Sentry Invest Gru (Ca) accumulated 2,344 shares. Dupont Cap Mngmt Corporation holds 0.02% of its portfolio in Macquarie Infrastructure Corporation (NYSE:MIC) for 13,700 shares. Yost Mgmt Ltd reported 10.42% of its portfolio in Macquarie Infrastructure Corporation (NYSE:MIC). 6,700 were reported by Bradley Foster Sargent Ct. Moreover, Miller Howard Invs has 0.24% invested in Macquarie Infrastructure Corporation (NYSE:MIC). The California-based Lpl Finance has invested 0.01% in Macquarie Infrastructure Corporation (NYSE:MIC). Teewinot Capital Advisers Ltd Liability Com invested in 4,000 shares. Envestnet Asset Mgmt holds 52,961 shares or 0.01% of its portfolio.

Denali Advisors Llc decreased Chimera Investment Corp stake by 71,700 shares to 304,300 valued at $5.67M in 2017Q2. It also reduced Universal Health Services (NYSE:UHS) stake by 23,417 shares and now owns 1,600 shares. Newmarket Corporation (NYSE:NEU) was reduced too.

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