Squarepoint Ops LLC Sells 98,480 Shares of Choice Hotels International, Inc. $CHH

Squarepoint Ops LLC cut its position in shares of Choice Hotels International, Inc. (NYSE:CHH) by 57.9% in the second quarter, Holdings Channel.com reports. The firm owned 71,629 shares of the company’s stock after selling 98,480 shares during the quarter. Squarepoint Ops LLC’s holdings in Choice Hotels International were worth $7,899,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in CHH. Jacobs Levy Equity Management Inc. purchased a new position in shares of Choice Hotels International during the first quarter valued at approximately $324,000. Goldman Sachs Group Inc. lifted its stake in shares of Choice Hotels International by 13.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 110,031 shares of the company’s stock worth $14,610,000 after acquiring an additional 12,904 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Choice Hotels International by 8.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 108,512 shares of the company’s stock valued at $14,408,000 after acquiring an additional 8,887 shares during the period. Jane Street Group LLC boosted its holdings in Choice Hotels International by 89.8% during the 1st quarter. Jane Street Group LLC now owns 50,138 shares of the company’s stock valued at $6,657,000 after acquiring an additional 23,726 shares during the period. Finally, Prudential Financial Inc. grew its position in Choice Hotels International by 35.2% in the 2nd quarter. Prudential Financial Inc. now owns 2,139 shares of the company’s stock valued at $299,000 after acquiring an additional 557 shares during the last quarter. 65.57% of the stock is owned by hedge funds and other institutional investors.

Choice Hotels International Trading Down 1.5%

CHH opened at $98.11 on Friday. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 14.08. The stock’s fifty day moving average is $107.46 and its two-hundred day moving average is $107.95. The company has a market capitalization of $4.42 billion, a P/E ratio of 13.86, a PEG ratio of 2.52 and a beta of 0.66. Choice Hotels International, Inc. has a 52 week low of $84.04 and a 52 week high of $123.82.

Choice Hotels International (NYSE:CHH) last issued its earnings results on Wednesday, August 5th. The company reported $2.02 earnings per share for the quarter, topping the consensus estimate of $1.97 by $0.05. Choice Hotels International had a return on equity of 205.69% and a net margin of 20.28%.The business had revenue of $440.76 million during the quarter, compared to analysts’ expectations of $436.48 million. During the same period in the prior year, the business earned $1.92 EPS. The business’s revenue for the quarter was up 3.4% compared to the same quarter last year. Choice Hotels International has set its FY 2026 guidance at 6.860-7.100 EPS. Analysts forecast that Choice Hotels International, Inc. will post 6.97 earnings per share for the current year.

Analyst Ratings Changes

CHH has been the topic of a number of recent analyst reports. Susquehanna increased their target price on Choice Hotels International from $110.00 to $115.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 11th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $124.00 target price on shares of Choice Hotels International in a research note on Thursday, August 6th. UBS Group upped their price target on shares of Choice Hotels International from $119.00 to $120.00 and gave the stock a “neutral” rating in a report on Friday, August 28th. Truist Financial raised their price target on shares of Choice Hotels International from $128.00 to $129.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Mizuho started coverage on shares of Choice Hotels International in a report on Thursday, August 27th. They set a “neutral” rating and a $106.00 price objective for the company. Two investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus target price of $112.46.

Insider Buying and Selling at Choice Hotels International

In related news, Director William Jews sold 5,057 shares of Choice Hotels International stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $106.98, for a total value of $540,997.86. Following the completion of the sale, the director directly owned 23,987 shares in the company, valued at $2,566,129.26. The trade was a 17.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 23.87% of the stock is owned by insiders.

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.