Quantbot Technologies LP decreased its position in shares of Choice Hotels International, Inc. (NYSE:CHH – Free Report) by 74.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,258 shares of the company’s stock after selling 65,761 shares during the quarter. Quantbot Technologies LP’s holdings in Choice Hotels International were worth $2,380,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. Hantz Financial Services Inc. raised its position in Choice Hotels International by 23.6% in the second quarter. Hantz Financial Services Inc. now owns 434 shares of the company’s stock valued at $55,000 after purchasing an additional 83 shares during the last quarter. Teza Capital Management LLC increased its stake in shares of Choice Hotels International by 5.0% in the second quarter. Teza Capital Management LLC now owns 2,051 shares of the company’s stock valued at $260,000 after buying an additional 98 shares during the period. Malaga Cove Capital LLC raised its holdings in Choice Hotels International by 5.4% in the 2nd quarter. Malaga Cove Capital LLC now owns 1,955 shares of the company’s stock valued at $248,000 after buying an additional 100 shares during the last quarter. Claret Asset Management Corp boosted its position in Choice Hotels International by 6.6% during the 2nd quarter. Claret Asset Management Corp now owns 1,817 shares of the company’s stock worth $231,000 after buying an additional 112 shares during the period. Finally, Treasurer of the State of North Carolina boosted its position in Choice Hotels International by 0.9% during the 2nd quarter. Treasurer of the State of North Carolina now owns 12,626 shares of the company’s stock worth $1,602,000 after buying an additional 112 shares during the period. Institutional investors and hedge funds own 65.57% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research firms have recently issued reports on CHH. Robert W. Baird dropped their price target on shares of Choice Hotels International from $122.00 to $110.00 and set an “outperform” rating for the company in a research note on Tuesday, November 18th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $119.00 price objective on shares of Choice Hotels International in a report on Friday, February 20th. Truist Financial set a $126.00 target price on Choice Hotels International and gave the stock a “buy” rating in a report on Friday, January 9th. Weiss Ratings upgraded Choice Hotels International from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, February 9th. Finally, Susquehanna decreased their price target on Choice Hotels International from $140.00 to $95.00 and set a “neutral” rating for the company in a research note on Wednesday, November 26th. Two research analysts have rated the stock with a Buy rating, nine have given a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus target price of $111.93.
Insider Activity
In other Choice Hotels International news, SVP Simone Wu sold 8,080 shares of the stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $101.56, for a total transaction of $820,604.80. Following the transaction, the senior vice president directly owned 48,803 shares in the company, valued at approximately $4,956,432.68. This represents a 14.20% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 24.02% of the company’s stock.
Choice Hotels International Stock Performance
Shares of CHH opened at $105.91 on Wednesday. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 10.52. The stock has a market capitalization of $4.87 billion, a P/E ratio of 13.37, a price-to-earnings-growth ratio of 4.60 and a beta of 0.75. The firm’s fifty day simple moving average is $104.83 and its two-hundred day simple moving average is $102.95. Choice Hotels International, Inc. has a 12 month low of $84.04 and a 12 month high of $147.51.
Choice Hotels International (NYSE:CHH – Get Free Report) last posted its quarterly earnings data on Thursday, February 19th. The company reported $1.60 earnings per share for the quarter, topping the consensus estimate of $1.56 by $0.04. Choice Hotels International had a return on equity of 541.07% and a net margin of 23.17%.The firm had revenue of $390.15 million during the quarter, compared to analyst estimates of $369.26 million. During the same period last year, the company posted $1.55 EPS. The business’s quarterly revenue was up .0% on a year-over-year basis. Choice Hotels International has set its FY 2026 guidance at 6.920-7.140 EPS. As a group, analysts predict that Choice Hotels International, Inc. will post 7.07 EPS for the current year.
Choice Hotels International Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 1st will be paid a $0.2875 dividend. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a $1.15 annualized dividend and a yield of 1.1%. Choice Hotels International’s payout ratio is 14.52%.
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.
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