Vanguard Personalized Indexing Management LLC Grows Stock Holdings in Choice Hotels International, Inc. $CHH

Vanguard Personalized Indexing Management LLC lifted its position in shares of Choice Hotels International, Inc. (NYSE:CHH) by 12.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,358 shares of the company’s stock after purchasing an additional 255 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Choice Hotels International were worth $300,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of CHH. HM Payson & Co. purchased a new stake in shares of Choice Hotels International during the 1st quarter worth $35,000. Signaturefd LLC lifted its position in shares of Choice Hotels International by 64.7% during the 1st quarter. Signaturefd LLC now owns 275 shares of the company’s stock worth $37,000 after purchasing an additional 108 shares during the last quarter. Toth Financial Advisory Corp purchased a new stake in shares of Choice Hotels International during the 2nd quarter worth $38,000. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of Choice Hotels International by 119.1% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 390 shares of the company’s stock worth $49,000 after purchasing an additional 212 shares during the last quarter. Finally, GAMMA Investing LLC lifted its position in shares of Choice Hotels International by 116.2% during the 2nd quarter. GAMMA Investing LLC now owns 413 shares of the company’s stock worth $52,000 after purchasing an additional 222 shares during the last quarter. 65.57% of the stock is owned by hedge funds and other institutional investors.

Choice Hotels International Stock Performance

NYSE CHH opened at $97.30 on Friday. The firm has a market cap of $4.50 billion, a PE ratio of 14.97, a P/E/G ratio of 6.86 and a beta of 0.83. Choice Hotels International, Inc. has a one year low of $96.88 and a one year high of $157.86. The firm’s fifty day moving average is $109.88 and its two-hundred day moving average is $121.29.

Choice Hotels International (NYSE:CHH) last posted its quarterly earnings data on Wednesday, August 6th. The company reported $1.92 EPS for the quarter, beating analysts’ consensus estimates of $1.90 by $0.02. Choice Hotels International had a net margin of 19.52% and a negative return on equity of 575.73%. The company had revenue of $426.44 million for the quarter, compared to analyst estimates of $430.13 million. During the same period in the previous year, the business posted $1.84 earnings per share. Choice Hotels International’s quarterly revenue was down 2.0% on a year-over-year basis. Research analysts predict that Choice Hotels International, Inc. will post 7.07 earnings per share for the current year.

Choice Hotels International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 16th. Stockholders of record on Wednesday, October 1st were paid a dividend of $0.2875 per share. This represents a $1.15 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Wednesday, October 1st. Choice Hotels International’s payout ratio is 17.69%.

Wall Street Analyst Weigh In

CHH has been the subject of several recent analyst reports. UBS Group decreased their price objective on shares of Choice Hotels International from $160.00 to $149.00 and set a “neutral” rating for the company in a research report on Thursday, July 10th. Morgan Stanley decreased their price objective on shares of Choice Hotels International from $121.00 to $106.00 and set an “underweight” rating for the company in a research report on Wednesday. Robert W. Baird decreased their price objective on shares of Choice Hotels International from $144.00 to $136.00 and set an “outperform” rating for the company in a research report on Friday, August 22nd. Weiss Ratings reiterated a “hold (c)” rating on shares of Choice Hotels International in a research note on Wednesday, October 8th. Finally, Bank of America cut 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. 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’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus target price of $126.77.

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.