Edgestream Partners L.P. Buys 7,124 Shares of Choice Hotels International, Inc. $CHH

Edgestream Partners L.P. boosted its position in shares of Choice Hotels International, Inc. (NYSE:CHH) by 43.2% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 23,626 shares of the company’s stock after buying an additional 7,124 shares during the quarter. Edgestream Partners L.P. owned 0.05% of Choice Hotels International worth $2,998,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of CHH. Whittier Trust Co. lifted 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. Toth Financial Advisory Corp purchased a new stake in Choice Hotels International in the 2nd quarter worth about $38,000. Thurston Springer Miller Herd & Titak Inc. lifted its stake in Choice Hotels International by 119.1% in the second 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. GAMMA Investing LLC lifted its stake in Choice Hotels International by 116.2% in the second 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. Finally, Hantz Financial Services Inc. boosted 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 valued at $55,000 after buying an additional 83 shares during the period. Institutional investors own 65.57% of the company’s stock.

Choice Hotels International Price Performance

Shares of CHH opened at $87.78 on Friday. 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 has a 50 day moving average price of $96.89 and a 200-day moving average price of $114.76. Choice Hotels International, Inc. has a fifty-two week low of $86.49 and a fifty-two week high of $157.86. The stock has a market capitalization of $4.06 billion, a PE ratio of 10.78, a PEG ratio of 7.52 and a beta of 0.79.

Choice Hotels International (NYSE:CHH) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $2.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.18 by ($0.08). The business had revenue of $278.00 million for the quarter, compared to analysts’ expectations of $419.75 million. Choice Hotels International had a net margin of 23.93% and a return on equity of 9,081.29%. The business’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same period in the previous year, the business earned $2.23 earnings per share. Choice Hotels International has set its FY 2025 guidance at 6.820-7.050 EPS. Equities analysts predict that Choice Hotels International, Inc. will post 7.07 earnings per share for the current fiscal year.

Choice Hotels International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 16th. Investors 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 1.3%. The ex-dividend date was Wednesday, October 1st. Choice Hotels International’s dividend payout ratio is 14.13%.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on CHH. JPMorgan Chase & Co. raised their price target on Choice Hotels International from $99.00 to $102.00 and gave the stock an “underweight” rating in a research note on Thursday, November 6th. Barclays reduced their target price on Choice Hotels International from $101.00 to $99.00 and set an “underweight” rating on the stock in a research note on Friday, November 7th. Bank of America lowered shares of Choice Hotels International from a “buy” rating to an “underperform” rating and set a $110.00 target price for the company. in a research note on Monday, September 29th. Robert W. Baird cut their price target on shares of Choice Hotels International from $122.00 to $110.00 and set an “outperform” rating on the stock in a report on Tuesday, November 18th. Finally, 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 report on Wednesday, October 22nd. Three analysts have rated the stock with a Buy rating, six have issued a Hold rating and five have assigned a Sell rating to the company. Based on data from MarketBeat.com, Choice Hotels International presently has a consensus rating of “Reduce” and a consensus target price of $114.54.

Choice Hotels International Company 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.