Choice Hotels International, Inc. $CHH Shares Bought by Bamco Inc. NY

Bamco Inc. NY lifted its position in shares of Choice Hotels International, Inc. (NYSE:CHH) by 6.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,990,652 shares of the company’s stock after purchasing an additional 317,618 shares during the quarter. Choice Hotels International accounts for approximately 1.7% of Bamco Inc. NY’s portfolio, making the stock its 15th largest holding. Bamco Inc. NY owned 10.79% of Choice Hotels International worth $633,214,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Jump Financial LLC acquired a new position in shares of Choice Hotels International in the first quarter worth about $3,598,000. Millennium Management LLC acquired a new position in Choice Hotels International in the 1st quarter worth about $49,799,000. Invesco Ltd. boosted its position in Choice Hotels International by 45.9% during the first quarter. Invesco Ltd. now owns 195,750 shares of the company’s stock worth $25,992,000 after purchasing an additional 61,562 shares in the last quarter. LPL Financial LLC grew its holdings in Choice Hotels International by 9.3% in the first quarter. LPL Financial LLC now owns 30,205 shares of the company’s stock valued at $4,011,000 after purchasing an additional 2,567 shares during the period. Finally, Entropy Technologies LP increased its position in shares of Choice Hotels International by 546.7% in the second quarter. Entropy Technologies LP now owns 10,987 shares of the company’s stock valued at $1,394,000 after buying an additional 9,288 shares in the last quarter. 65.57% of the stock is currently owned by institutional investors and hedge funds.

Choice Hotels International Stock Up 2.5%

Shares of NYSE CHH opened at $91.31 on Friday. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 12.81. The company has a 50-day moving average of $94.52 and a 200 day moving average of $112.99. Choice Hotels International, Inc. has a 12-month low of $84.04 and a 12-month high of $157.86. The stock has a market cap of $4.23 billion, a PE ratio of 11.22, a P/E/G ratio of 7.30 and a beta of 0.79.

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

Choice Hotels International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Friday, January 2nd will be issued a $0.2875 dividend. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $1.15 dividend on an annualized basis and a dividend yield of 1.3%. Choice Hotels International’s dividend payout ratio is currently 14.13%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on CHH shares. Barclays dropped their price target on shares of 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 downgraded shares of Choice Hotels International from a “buy” rating to an “underperform” rating and set a $110.00 price objective on the stock. in a report on Monday, September 29th. Susquehanna reduced their price target on shares of Choice Hotels International from $140.00 to $95.00 and set a “neutral” rating for the company in a research report on Wednesday, November 26th. JPMorgan Chase & Co. raised shares of Choice Hotels International from an “underweight” rating to a “neutral” rating and decreased their price target for the company from $102.00 to $95.00 in a research note on Friday. Finally, Robert W. Baird cut their price objective on 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. Four investment analysts have rated the stock with a Buy rating, six have given a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $109.85.

About Choice Hotels International

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.