Y Intercept Hong Kong Ltd increased its stake in Choice Hotels International, Inc. (NYSE:CHH – Free Report) by 111.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 38,422 shares of the company’s stock after purchasing an additional 20,287 shares during the quarter. Y Intercept Hong Kong Ltd owned about 0.08% of Choice Hotels International worth $4,108,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Kilter Group LLC bought a new position in shares of Choice Hotels International in the second quarter valued at $25,000. Whittier Trust Co. grew its holdings in shares of Choice Hotels International by 138.5% in the 2nd quarter. Whittier Trust Co. now owns 291 shares of the company’s stock worth $37,000 after acquiring an additional 169 shares during the last quarter. GAMMA Investing LLC grew its holdings in shares of Choice Hotels International by 116.2% in the 2nd quarter. GAMMA Investing LLC now owns 413 shares of the company’s stock worth $52,000 after acquiring an additional 222 shares during the last quarter. Hantz Financial Services Inc. raised its position in shares of Choice Hotels International by 23.6% during the second quarter. Hantz Financial Services Inc. now owns 434 shares of the company’s stock worth $55,000 after purchasing an additional 83 shares during the period. Finally, Claret Asset Management Corp lifted its holdings in shares of Choice Hotels International by 6.6% during the second quarter. Claret Asset Management Corp now owns 1,817 shares of the company’s stock valued at $231,000 after purchasing an additional 112 shares during the last quarter. Institutional investors own 65.57% of the company’s stock.
Choice Hotels International Stock Performance
Shares of CHH opened at $104.81 on Monday. The company has a market capitalization of $4.85 billion, a PE ratio of 12.88, a PEG ratio of 8.18 and a beta of 0.77. The company has a debt-to-equity ratio of 12.81, a quick ratio of 0.96 and a current ratio of 0.96. The company’s 50 day moving average price is $96.10 and its 200 day moving average price is $107.11. Choice Hotels International, Inc. has a 52 week low of $84.04 and a 52 week high of $157.86.
Choice Hotels International Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Friday, January 2nd were paid a dividend of $0.2875 per share. The ex-dividend date of this dividend was Friday, January 2nd. This represents a $1.15 dividend on an annualized basis and a dividend yield of 1.1%. Choice Hotels International’s dividend payout ratio (DPR) is 14.13%.
Analysts Set New Price Targets
A number of equities analysts recently weighed in on the company. Susquehanna dropped their price target on Choice Hotels International from $140.00 to $95.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 26th. UBS Group decreased their target price on shares of Choice Hotels International from $120.00 to $118.00 and set a “neutral” rating for the company in a report on Wednesday, January 7th. Argus reissued a “hold” rating on shares of Choice Hotels International in a research report on Tuesday, December 16th. Bank of America downgraded shares of Choice Hotels International from a “buy” rating to an “underperform” rating and set a $110.00 price target for the company. in a research report on Monday, September 29th. Finally, Robert W. Baird decreased their price objective 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. Two investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus price target of $107.85.
Get Our Latest Report on Choice Hotels International
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.
Read More
- Five stocks we like better than Choice Hotels International
- This coin has everything going for it
- Refund From 1933: Trump’s Reset May Create Instant Wealth
- Buy This Stock at 9:30 AM on MONDAY!
- What Expenses Can Be Deducted From Capital Gains Tax?
- A U.S. “birthright” claim worth trillions – activated quietly
Receive News & Ratings for Choice Hotels International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Choice Hotels International and related companies with MarketBeat.com's FREE daily email newsletter.
