Boston Trust Walden Corp boosted its holdings in Choice Hotels International, Inc. (NYSE:CHH – Free Report) by 8.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,046,784 shares of the company’s stock after purchasing an additional 81,132 shares during the period. Choice Hotels International comprises 0.8% of Boston Trust Walden Corp’s holdings, making the stock its 23rd largest position. Boston Trust Walden Corp owned approximately 2.26% of Choice Hotels International worth $111,912,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of CHH. Kilter Group LLC bought a new stake in shares of Choice Hotels International during the 2nd quarter worth $25,000. Whittier Trust Co. raised its position in Choice Hotels International by 138.5% in the second quarter. Whittier Trust Co. now owns 291 shares of the company’s stock worth $37,000 after acquiring an additional 169 shares during the period. Toth Financial Advisory Corp purchased a new position in Choice Hotels International in the second quarter valued at about $38,000. Thurston Springer Miller Herd & Titak Inc. grew 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 valued at $49,000 after acquiring an additional 212 shares during the period. Finally, GAMMA Investing LLC grew 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 valued at $52,000 after acquiring an additional 222 shares during the period. Institutional investors own 65.57% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research firms recently commented on CHH. Argus reaffirmed a “hold” rating on shares of Choice Hotels International in a report on Tuesday, December 16th. Wells Fargo & Company began coverage on Choice Hotels International in a research report on Tuesday, November 18th. They issued an “underweight” rating and a $84.00 target price for the company. Morgan Stanley dropped their price target on Choice Hotels International from $121.00 to $106.00 and set an “underweight” rating on the stock in a research report on Wednesday, October 22nd. Weiss Ratings reissued a “hold (c-)” rating on shares of Choice Hotels International in a report on Thursday, October 30th. Finally, The Goldman Sachs Group cut Choice Hotels International from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $124.00 to $90.00 in a research note on Monday, December 15th. Two investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Choice Hotels International presently has an average rating of “Reduce” and a consensus target price of $106.15.
Choice Hotels International Stock Performance
NYSE:CHH opened at $95.98 on Monday. The business’s fifty day moving average is $93.39 and its 200 day moving average is $110.45. The firm has a market cap of $4.44 billion, a price-to-earnings ratio of 11.79, a PEG ratio of 7.87 and a beta of 0.79. The company has a debt-to-equity ratio of 12.81, a quick ratio of 0.96 and a current ratio of 0.96. Choice Hotels International, Inc. has a 52-week low of $84.04 and a 52-week high of $157.86.
Choice Hotels International (NYSE:CHH – Get Free Report) last issued its earnings results on Wednesday, November 5th. The company reported $2.10 EPS for the quarter, missing the consensus estimate of $2.18 by ($0.08). Choice Hotels International had a return on equity of 9,081.29% and a net margin of 23.93%.The company had revenue of $278.00 million during the quarter, compared to the consensus estimate of $419.75 million. During the same quarter in the prior year, the business earned $2.23 EPS. The firm’s revenue for the quarter was up 4.4% compared to the same quarter last year. Choice Hotels International has set its FY 2025 guidance at 6.820-7.050 EPS. Research analysts predict that Choice Hotels International, Inc. will post 7.07 EPS for the current year.
Choice Hotels International Announces Dividend
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 paid a dividend of $0.2875 per share. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $1.15 annualized dividend and a yield of 1.2%. Choice Hotels International’s payout ratio is currently 14.13%.
Choice Hotels International Profile
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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