Duality Advisers LP Purchases 11,078 Shares of Choice Hotels International, Inc. (NYSE:CHH)

Duality Advisers LP boosted its position in shares of Choice Hotels International, Inc. (NYSE:CHH) by 50.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 32,954 shares of the company’s stock after purchasing an additional 11,078 shares during the period. Duality Advisers LP’s holdings in Choice Hotels International were worth $3,734,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in CHH. Wetzel Investment Advisors Inc. bought a new position in shares of Choice Hotels International in the fourth quarter worth about $45,000. Institute for Wealth Management LLC. raised its stake in shares of Choice Hotels International by 7.2% in the fourth quarter. Institute for Wealth Management LLC. now owns 5,036 shares of the company’s stock worth $571,000 after acquiring an additional 337 shares during the last quarter. Louisiana State Employees Retirement System bought a new position in shares of Choice Hotels International in the fourth quarter worth about $793,000. NewEdge Wealth LLC raised its stake in shares of Choice Hotels International by 3.5% in the fourth quarter. NewEdge Wealth LLC now owns 20,137 shares of the company’s stock worth $2,282,000 after acquiring an additional 679 shares during the last quarter. Finally, Sapient Capital LLC bought a new position in shares of Choice Hotels International in the fourth quarter worth about $430,000. 65.57% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have weighed in on CHH. Barclays dropped their target price on shares of Choice Hotels International from $122.00 to $114.00 and set an “underweight” rating for the company in a research note on Friday. StockNews.com downgraded shares of Choice Hotels International from a “hold” rating to a “sell” rating in a research note on Wednesday, February 21st. Truist Financial boosted their price target on shares of Choice Hotels International from $142.00 to $146.00 and gave the stock a “hold” rating in a research note on Thursday, March 14th. Jefferies Financial Group raised shares of Choice Hotels International from an “underperform” rating to a “buy” rating and boosted their price target for the stock from $96.00 to $156.00 in a research note on Monday, March 11th. Finally, Robert W. Baird reissued an “outperform” rating and set a $138.00 price target on shares of Choice Hotels International in a research note on Monday, January 22nd. Three analysts have rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $130.90.

Choice Hotels International Stock Up 0.5 %

Shares of NYSE CHH opened at $116.91 on Tuesday. The stock has a market cap of $5.81 billion, a P/E ratio of 23.10, a P/E/G ratio of 1.99 and a beta of 1.21. The firm has a 50 day moving average price of $120.72 and a 200 day moving average price of $117.26. The company has a debt-to-equity ratio of 30.02, a quick ratio of 0.31 and a current ratio of 0.31. Choice Hotels International, Inc. has a 52-week low of $108.91 and a 52-week high of $136.02.

Choice Hotels International (NYSE:CHH) last issued its quarterly earnings data on Tuesday, February 20th. The company reported $1.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.35 by $0.09. The firm had revenue of $358.40 million during the quarter, compared to analysts’ expectations of $369.44 million. Choice Hotels International had a net margin of 16.74% and a return on equity of 594.23%. The business’s revenue for the quarter was down 1.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.26 earnings per share. Analysts expect that Choice Hotels International, Inc. will post 6.45 EPS for the current year.

Choice Hotels International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 17th. Stockholders of record on Tuesday, April 2nd were issued a $0.2875 dividend. This represents a $1.15 annualized dividend and a dividend yield of 0.98%. The ex-dividend date of this dividend was Monday, April 1st. Choice Hotels International’s dividend payout ratio (DPR) is presently 22.73%.

Choice Hotels International Profile

Choice Hotels International, Inc, together with its subsidiaries, operates as a hotel franchisor in the United States and internationally. It operates through Hotel Franchising & Management and Corporate & Other segments. The company franchises lodging properties under the brand names of Comfort Inn, Comfort Suites, Quality, Clarion, Clarion Pointe, Sleep Inn, Ascend Hotel Collection, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Studios, WoodSpring Suites, Everhome Suites, Cambria Hotels, Radisson Blu, Radisson RED, Radisson, Park Plaza, Country Inn & Suites by Radisson, Radisson Inn & Suites, Park Inn by Radisson, Radisson Individuals, and Radisson Collection.