JPMorgan Chase & Co. lowered its stake in shares of Choice Hotels International, Inc. (NYSE:CHH – Free Report) by 12.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 352,422 shares of the company’s stock after selling 51,298 shares during the period. JPMorgan Chase & Co. owned about 0.76% of Choice Hotels International worth $37,679,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Bamco Inc. NY lifted its position in shares of Choice Hotels International by 7.4% during the 3rd quarter. Bamco Inc. NY now owns 5,359,896 shares of the company’s stock valued at $573,026,000 after acquiring an additional 369,244 shares during the period. Boston Trust Walden Corp lifted its position in shares of Choice Hotels International by 8.4% in the third quarter. Boston Trust Walden Corp now owns 1,046,784 shares of the company’s stock valued at $111,912,000 after acquiring an additional 81,132 shares in the last quarter. Rock Creek Group LP boosted its stake in shares of Choice Hotels International by 52.3% during the second quarter. Rock Creek Group LP now owns 811,579 shares of the company’s stock valued at $102,973,000 after acquiring an additional 278,715 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of Choice Hotels International by 5.3% during the second quarter. Bank of America Corp DE now owns 428,285 shares of the company’s stock valued at $54,341,000 after acquiring an additional 21,631 shares during the last quarter. Finally, Fort Washington Investment Advisors Inc. OH increased its position in Choice Hotels International by 0.3% during the 3rd quarter. Fort Washington Investment Advisors Inc. OH now owns 356,968 shares of the company’s stock worth $38,163,000 after purchasing an additional 1,028 shares in the last quarter. 65.57% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
CHH has been the subject of several analyst reports. Weiss Ratings upgraded shares of Choice Hotels International from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, February 9th. Susquehanna cut their price objective 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. Barclays upped their price objective on shares of Choice Hotels International from $98.00 to $101.00 and gave the company an “underweight” rating in a research note on Friday, February 20th. UBS Group decreased their target price on shares of Choice Hotels International from $120.00 to $118.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 7th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $119.00 price target on shares of Choice Hotels International in a report on Friday, February 20th. Two equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average target price of $111.36.
Choice Hotels International Stock Down 1.7%
CHH opened at $97.85 on Friday. Choice Hotels International, Inc. has a 12 month low of $84.04 and a 12 month high of $136.45. The business has a 50-day moving average of $104.83 and a two-hundred day moving average of $101.16. The company has a debt-to-equity ratio of 10.52, a current ratio of 0.87 and a quick ratio of 0.87. The stock has a market capitalization of $4.50 billion, a price-to-earnings ratio of 12.35, a price-to-earnings-growth ratio of 4.34 and a beta of 0.75.
Choice Hotels International (NYSE:CHH – Get Free Report) last announced its quarterly earnings data on Thursday, February 19th. The company reported $1.60 earnings per share for the quarter, topping the consensus estimate of $1.56 by $0.04. Choice Hotels International had a net margin of 23.17% and a return on equity of 541.07%. The business had revenue of $390.15 million for the quarter, compared to analyst estimates of $369.26 million. During the same period in the prior year, the firm posted $1.55 EPS. The company’s revenue was up .0% on a year-over-year basis. Choice Hotels International has set its FY 2026 guidance at 6.920-7.140 EPS. On average, research analysts expect that Choice Hotels International, Inc. will post 7.07 earnings per share for the current year.
Choice Hotels International Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 1st will be paid a dividend of $0.2875 per share. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a $1.15 dividend on an annualized basis and a yield of 1.2%. Choice Hotels International’s dividend payout ratio (DPR) is currently 14.52%.
Insiders Place Their Bets
In other Choice Hotels International news, SVP Simone Wu sold 8,080 shares of Choice Hotels International stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $101.56, for a total value of $820,604.80. Following the transaction, the senior vice president owned 48,803 shares in the company, valued at $4,956,432.68. This trade represents a 14.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Scott E. Oaksmith sold 1,603 shares of the business’s stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $100.00, for a total transaction of $160,300.00. Following the sale, the chief financial officer directly owned 37,172 shares of the company’s stock, valued at $3,717,200. This represents a 4.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 10,283 shares of company stock worth $1,040,947. 23.78% of the stock is owned by company insiders.
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.
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