6,000 Shares in Choice Hotels International, Inc. $CHH Acquired by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System acquired a new stake in shares of Choice Hotels International, Inc. (NYSE:CHH) during the first quarter, Holdings Channel.com reports. The fund acquired 6,000 shares of the company’s stock, valued at approximately $621,000.

Other large investors have also recently added to or reduced their stakes in the company. Hanson & Doremus Investment Management purchased a new stake in Choice Hotels International in the 1st quarter worth approximately $39,000. Rockefeller Capital Management L.P. grew its holdings in shares of Choice Hotels International by 293.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 2,216 shares of the company’s stock valued at $211,000 after acquiring an additional 1,653 shares in the last quarter. Hsbc Holdings PLC acquired a new position in shares of Choice Hotels International in the fourth quarter worth $1,682,000. Alpine Global Management LLC acquired a new position in shares of Choice Hotels International in the fourth quarter worth $214,000. Finally, Invesco Ltd. raised its holdings in shares of Choice Hotels International by 65.0% during the fourth quarter. Invesco Ltd. now owns 242,985 shares of the company’s stock worth $23,147,000 after acquiring an additional 95,736 shares in the last quarter. Institutional investors and hedge funds own 65.57% of the company’s stock.

Insider Activity at Choice Hotels International

In related news, CFO Scott E. Oaksmith sold 2,000 shares of the business’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $110.00, for a total transaction of $220,000.00. Following the completion of the transaction, the chief financial officer owned 35,172 shares of the company’s stock, valued at approximately $3,868,920. The trade was a 5.38% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 24.02% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Truist Financial lowered their target price on Choice Hotels International from $129.00 to $128.00 and set a “buy” rating on the stock in a research note on Tuesday, May 26th. Barclays cut their price target on Choice Hotels International from $112.00 to $100.00 and set an “underweight” rating for the company in a research note on Thursday, April 30th. Robert W. Baird set a $128.00 price target on Choice Hotels International in a research note on Monday, May 11th. Susquehanna dropped their price objective on Choice Hotels International from $115.00 to $110.00 and set a “neutral” rating on the stock in a report on Monday, May 4th. Finally, Deutsche Bank Aktiengesellschaft set a $114.00 target price on shares of Choice Hotels International in a research note on Monday, May 4th. Two analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average price target of $111.67.

Choice Hotels International Trading Up 3.1%

NYSE:CHH opened at $111.02 on Wednesday. The company’s 50 day moving average is $110.23 and its 200-day moving average is $106.80. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 14.58. Choice Hotels International, Inc. has a 12 month low of $84.04 and a 12 month high of $136.45. The firm has a market cap of $5.05 billion, a price-to-earnings ratio of 14.96, a P/E/G ratio of 5.15 and a beta of 0.67.

Choice Hotels International (NYSE:CHH) last posted its earnings results on Thursday, April 30th. The company reported $1.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.35 by ($0.28). The firm had revenue of $340.57 million during the quarter, compared to analyst estimates of $333.48 million. Choice Hotels International had a net margin of 21.55% and a return on equity of 281.98%. The business’s quarterly revenue was up 2.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.34 earnings per share. Choice Hotels International has set its FY 2026 guidance at 6.920-7.140 EPS. Equities analysts anticipate that Choice Hotels International, Inc. will post 7.11 EPS for the current year.

Choice Hotels International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st will be given a $0.2875 dividend. This represents a $1.15 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Wednesday, July 1st. Choice Hotels International’s dividend payout ratio (DPR) is currently 15.50%.

About Choice Hotels International

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.