Exchange Traded Concepts LLC Invests $1 Million in Choice Hotels International, Inc. $CHH

Exchange Traded Concepts LLC bought a new stake in Choice Hotels International, Inc. (NYSE:CHH) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 9,393 shares of the company’s stock, valued at approximately $1,004,000.

Several other hedge funds also recently bought and sold shares of the stock. Squarepoint Ops LLC purchased a new stake in Choice Hotels International during the second quarter worth about $5,020,000. Clarion Wealth Managment Partners LLC purchased a new position in shares of Choice Hotels International in the second quarter valued at approximately $263,000. FORA Capital LLC acquired a new position in shares of Choice Hotels International in the second quarter valued at approximately $973,000. State of Tennessee Department of Treasury grew its holdings in shares of Choice Hotels International by 14.7% in the second quarter. State of Tennessee Department of Treasury now owns 7,808 shares of the company’s stock valued at $991,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Teza Capital Management LLC increased its stake in Choice Hotels International by 5.0% during the 2nd quarter. Teza Capital Management LLC now owns 2,051 shares of the company’s stock worth $260,000 after buying an additional 98 shares during the period. Hedge funds and other institutional investors own 65.57% of the company’s stock.

Choice Hotels International Trading Up 0.8%

Shares of CHH stock opened at $95.98 on Monday. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 12.81. The stock has a market cap of $4.44 billion, a P/E ratio of 11.79, a P/E/G ratio of 7.87 and a beta of 0.79. The business has a fifty day simple moving average of $93.39 and a 200-day simple moving average of $110.45. Choice Hotels International, Inc. has a fifty-two week low of $84.04 and a fifty-two week high of $157.86.

Choice Hotels International (NYSE:CHH) last announced its quarterly earnings results 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). Choice Hotels International had a net margin of 23.93% and a return on equity of 9,081.29%. The business had revenue of $278.00 million during the quarter, compared to analysts’ expectations of $419.75 million. During the same period last year, the company earned $2.23 EPS. The firm’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. On average, analysts forecast that Choice Hotels International, Inc. will post 7.07 earnings per share for the current fiscal year.

Choice Hotels International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Friday, January 2nd will be issued a $0.2875 dividend. This represents a $1.15 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Friday, January 2nd. Choice Hotels International’s dividend payout ratio is 14.13%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Robert W. Baird decreased their target price on Choice Hotels International from $122.00 to $110.00 and set an “outperform” rating for the company in a report on Tuesday, November 18th. Morgan Stanley lowered their target price 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. Wells Fargo & Company assumed coverage on Choice Hotels International in a research note on Tuesday, November 18th. They set an “underweight” rating and a $84.00 price target on the stock. UBS Group set a $95.00 price objective on shares of Choice Hotels International in a research report on Friday, December 12th. Finally, Barclays dropped their target price on Choice Hotels International from $101.00 to $99.00 and set an “underweight” rating on the stock in a report on Friday, November 7th. Two analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat, Choice Hotels International has a consensus rating of “Reduce” and an average target price of $106.15.

Choice Hotels International Company 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.