SG Americas Securities LLC Raises Position in Choice Hotels International, Inc. $CHH

SG Americas Securities LLC grew its position in shares of Choice Hotels International, Inc. (NYSE:CHH) by 67.6% during the third quarter, HoldingsChannel reports. The institutional investor owned 18,307 shares of the company’s stock after purchasing an additional 7,387 shares during the period. SG Americas Securities LLC’s holdings in Choice Hotels International were worth $1,957,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Squarepoint Ops LLC bought a new position in Choice Hotels International in the 2nd quarter valued at approximately $5,020,000. Jump Financial LLC raised its stake in shares of Choice Hotels International by 99.2% in the second quarter. Jump Financial LLC now owns 53,980 shares of the company’s stock worth $6,849,000 after purchasing an additional 26,880 shares during the last quarter. Entropy Technologies LP lifted its holdings in shares of Choice Hotels International by 546.7% during the second quarter. Entropy Technologies LP now owns 10,987 shares of the company’s stock valued at $1,394,000 after purchasing an additional 9,288 shares in the last quarter. Bamco Inc. NY boosted its position in shares of Choice Hotels International by 6.8% during the second quarter. Bamco Inc. NY now owns 4,990,652 shares of the company’s stock valued at $633,214,000 after buying an additional 317,618 shares during the last quarter. Finally, Congress Asset Management Co. increased its holdings in Choice Hotels International by 6.6% in the 2nd quarter. Congress Asset Management Co. now owns 100,792 shares of the company’s stock worth $12,788,000 after buying an additional 6,223 shares in the last quarter. 65.57% of the stock is currently owned by hedge funds and other institutional investors.

Choice Hotels International Stock Down 0.5%

CHH opened at $107.86 on Thursday. The firm’s 50 day simple moving average is $94.80 and its two-hundred day simple moving average is $108.44. The company has a market capitalization of $4.99 billion, a PE ratio of 13.25, a PEG ratio of 8.56 and a beta of 0.77. Choice Hotels International, Inc. has a 1-year low of $84.04 and a 1-year high of $157.86. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 12.81.

Choice Hotels International (NYSE:CHH) last announced its earnings results on Wednesday, November 5th. The company reported $2.10 EPS for the quarter, missing analysts’ consensus estimates of $2.18 by ($0.08). Choice Hotels International had a return on equity of 9,081.29% and a net margin of 23.93%.The company had revenue of $278.00 million during the quarter, compared to the consensus estimate of $419.75 million. During the same period in the prior year, the business posted $2.23 earnings per share. Choice Hotels International’s revenue for the quarter was up 4.4% compared to the same quarter last year. Choice Hotels International has set its FY 2025 guidance at 6.820-7.050 EPS. As a group, equities analysts forecast that Choice Hotels International, Inc. will post 7.07 EPS for the current year.

Choice Hotels International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Friday, January 2nd will be issued a $0.2875 dividend. This represents a $1.15 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Friday, January 2nd. Choice Hotels International’s dividend payout ratio is currently 14.13%.

Analysts Set New Price Targets

Several equities analysts have issued reports on CHH shares. Jefferies Financial Group cut shares of Choice Hotels International from a “strong-buy” rating to a “hold” rating in a research note on Monday. JPMorgan Chase & Co. raised shares of Choice Hotels International from an “underweight” rating to a “neutral” rating and decreased their price objective for the company from $102.00 to $95.00 in a report on Friday, December 12th. UBS Group lowered their price objective on shares of Choice Hotels International from $120.00 to $118.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 7th. Barclays cut their target price on shares of Choice Hotels International from $101.00 to $99.00 and set an “underweight” rating for the company in a research report on Friday, November 7th. Finally, Robert W. Baird lowered their price target on Choice Hotels International from $122.00 to $110.00 and set an “outperform” rating on the stock in a report on Tuesday, November 18th. Two analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus target price of $109.08.

Choice Hotels International Profile

Choice Hotels International, Inc is a hospitality franchisor specializing in the development and support of lodging brands across the economy, midscale and upscale segments. Through a network of franchisees, Choice Hotels supplies proprietary reservation and distribution systems, comprehensive marketing programs, and operational support services. The company’s core activities include brand management, franchise development, and technology-driven revenue optimization tools designed to enhance guest acquisition and retention for its partners.

Founded in 1939 as Quality Courts United, the company rebranded to Choice Hotels International in 1982 to reflect its expanding brand portfolio and global ambitions.