Natixis Advisors LLC cut its stake in Choice Hotels International, Inc. (NYSE:CHH – Free Report) by 26.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 73,371 shares of the company’s stock after selling 26,905 shares during the period. Natixis Advisors LLC’s holdings in Choice Hotels International were worth $6,989,000 at the end of the most recent reporting period.
A number of other hedge funds have also made changes to their positions in the stock. Eurizon Capital SGR S.p.A. acquired a new position in shares of Choice Hotels International during the 4th quarter valued at $27,000. Eagle Bay Advisors LLC acquired a new stake in shares of Choice Hotels International in the fourth quarter valued at $28,000. Quarry LP bought a new position in Choice Hotels International during the third quarter valued at about $38,000. Fifth Third Bancorp boosted its stake in Choice Hotels International by 77.4% during the fourth quarter. Fifth Third Bancorp now owns 392 shares of the company’s stock valued at $37,000 after buying an additional 171 shares in the last quarter. Finally, Bayforest Capital Ltd acquired a new position in Choice Hotels International during the fourth quarter worth about $42,000. Institutional investors and hedge funds own 65.57% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research analysts recently issued reports on CHH shares. Deutsche Bank Aktiengesellschaft set a $114.00 target price on Choice Hotels International in a report on Monday, May 4th. Wells Fargo & Company boosted their target price on shares of Choice Hotels International from $91.00 to $110.00 and gave the stock an “underweight” rating in a report on Friday, February 20th. JPMorgan Chase & Co. cut their target price on shares of Choice Hotels International from $117.00 to $116.00 and set a “neutral” rating for the company in a research note on Wednesday, May 6th. Weiss Ratings upgraded shares of Choice Hotels International from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, February 9th. Finally, Morgan Stanley decreased their price target on shares of Choice Hotels International from $87.00 to $86.00 and set an “underweight” rating on the stock in a research report on Tuesday, May 12th. Two equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, Choice Hotels International has an average rating of “Reduce” and an average target price of $111.67.
Choice Hotels International Stock Performance
CHH stock opened at $109.76 on Monday. The firm has a 50 day simple moving average of $110.30 and a 200 day simple moving average of $103.49. Choice Hotels International, Inc. has a 52 week low of $84.04 and a 52 week high of $136.45. The stock has a market cap of $4.99 billion, a P/E ratio of 14.79, a P/E/G ratio of 2.02 and a beta of 0.67. The company has a debt-to-equity ratio of 14.58, a quick ratio of 0.95 and a current ratio of 0.95.
Choice Hotels International (NYSE:CHH – Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The company reported $1.07 earnings per share for the quarter, missing the consensus estimate of $1.35 by ($0.28). Choice Hotels International had a net margin of 21.55% and a return on equity of 281.98%. The company had revenue of $340.58 million during the quarter, compared to analyst estimates of $333.48 million. During the same quarter in the prior year, the company posted $1.34 EPS. The firm’s quarterly revenue was up 2.3% compared to the same quarter last year. Choice Hotels International has set its FY 2026 guidance at 6.920-7.140 EPS. Research analysts anticipate that Choice Hotels International, Inc. will post 7.14 earnings per share for the current fiscal year.
Choice Hotels International Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st will be issued a dividend of $0.2875 per share. This represents a $1.15 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Wednesday, July 1st. Choice Hotels International’s dividend payout ratio (DPR) is currently 15.50%.
Insider Transactions at Choice Hotels International
In related news, CFO Scott E. Oaksmith sold 1,603 shares of Choice Hotels International stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $100.00, for a total transaction of $160,300.00. Following the completion of the sale, the chief financial officer owned 37,172 shares of the company’s stock, valued at approximately $3,717,200. This trade represents a 4.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 24.02% of the company’s stock.
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.
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