Quantbot Technologies LP Sells 65,761 Shares of Choice Hotels International, Inc. $CHH

Quantbot Technologies LP lessened its stake in shares of Choice Hotels International, Inc. (NYSE:CHHFree Report) by 74.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). 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.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Kilter Group LLC acquired a new position in Choice Hotels International during the 2nd quarter worth approximately $25,000. 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. Annis Gardner Whiting Capital Advisors LLC bought a new position in shares of Choice Hotels International in the 3rd quarter worth $100,000. Claret Asset Management Corp lifted its holdings in shares of Choice Hotels International by 6.6% in the 2nd quarter. Claret Asset Management Corp now owns 1,817 shares of the company’s stock worth $231,000 after purchasing an additional 112 shares in the last quarter. Finally, Net Worth Advisory Group acquired a new stake in Choice Hotels International in the 3rd quarter valued at $244,000. 65.57% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have weighed in on CHH. Barclays upped their price objective on shares of Choice Hotels International from $98.00 to $101.00 and gave the stock an “underweight” rating in a report on Friday, February 20th. Argus restated a “hold” rating on shares of Choice Hotels International in a report on Tuesday, December 16th. Truist Financial set a $126.00 price target on shares of Choice Hotels International and gave the company a “buy” rating in a research report on Friday, January 9th. The Goldman Sachs Group boosted their price objective on Choice Hotels International from $90.00 to $100.00 and gave the stock a “neutral” rating in a report on Tuesday, February 3rd. Finally, Jefferies Financial Group downgraded Choice Hotels International from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 12th. Two analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and an average target price of $111.93.

Get Our Latest Research Report on Choice Hotels International

Choice Hotels International Stock Up 1.7%

Choice Hotels International stock opened at $105.91 on Wednesday. Choice Hotels International, Inc. has a fifty-two week low of $84.04 and a fifty-two week high of $147.51. The company has a debt-to-equity ratio of 10.52, a quick ratio of 0.87 and a current ratio of 0.87. The firm’s 50-day simple moving average is $104.83 and its 200 day simple moving average is $102.95. The stock has a market cap of $4.87 billion, a PE ratio of 13.37, a price-to-earnings-growth ratio of 4.60 and a beta of 0.75.

Choice Hotels International (NYSE:CHHGet Free Report) last posted its earnings results on Thursday, February 19th. The company reported $1.60 EPS for the quarter, topping the consensus estimate of $1.56 by $0.04. Choice Hotels International had a net margin of 23.17% and a return on equity of 541.07%. The firm had revenue of $390.15 million for the quarter, compared to analysts’ expectations of $369.26 million. During the same quarter last year, the firm earned $1.55 EPS. The company’s quarterly revenue was up .0% compared to the same quarter last year. Choice Hotels International has set its FY 2026 guidance at 6.920-7.140 EPS. Research analysts predict that Choice Hotels International, Inc. will post 7.07 EPS for the current fiscal year.

Choice Hotels International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 1st will be given 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 currently 14.52%.

Insider Transactions at Choice Hotels International

In other news, SVP Simone Wu sold 8,080 shares of the firm’s stock in a transaction 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 completion of the sale, the senior vice president directly owned 48,803 shares of the company’s stock, valued at $4,956,432.68. This trade represents a 14.20% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 24.02% of the stock is owned by company insiders.

Choice Hotels International Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Choice Hotels International (NYSE:CHH)

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