Choice Hotels International, Inc. $CHH Stock Holdings Decreased by NewEdge Wealth LLC

NewEdge Wealth LLC reduced its position in Choice Hotels International, Inc. (NYSE:CHHFree Report) by 24.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 21,372 shares of the company’s stock after selling 6,835 shares during the period. NewEdge Wealth LLC’s holdings in Choice Hotels International were worth $2,036,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Alps Advisors Inc. grew its holdings in shares of Choice Hotels International by 42.4% during the third quarter. Alps Advisors Inc. now owns 40,577 shares of the company’s stock valued at $4,338,000 after buying an additional 12,082 shares in the last quarter. Hussman Strategic Advisors Inc. purchased a new position in shares of Choice Hotels International during the third quarter valued at $1,796,000. Elo Mutual Pension Insurance Co purchased a new position in shares of Choice Hotels International during the third quarter valued at $2,100,000. Fenimore Asset Management Inc grew its holdings in shares of Choice Hotels International by 8.7% during the fourth quarter. Fenimore Asset Management Inc now owns 193,444 shares of the company’s stock valued at $18,427,000 after buying an additional 15,508 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd grew its holdings in shares of Choice Hotels International by 111.9% during the third quarter. Y Intercept Hong Kong Ltd now owns 38,422 shares of the company’s stock valued at $4,108,000 after buying an additional 20,287 shares in the last quarter. 65.57% of the stock is owned by hedge funds and other institutional investors.

Choice Hotels International Stock Performance

CHH opened at $105.49 on Wednesday. The company has a market cap of $4.80 billion, a PE ratio of 14.22, a price-to-earnings-growth ratio of 1.91 and a beta of 0.65. The stock has a 50-day moving average of $106.53 and a 200-day moving average of $101.67. Choice Hotels International, Inc. has a 52-week low of $84.04 and a 52-week high of $136.45. The company has a debt-to-equity ratio of 14.58, a quick ratio of 0.95 and a current ratio of 0.95.

Choice Hotels International (NYSE:CHHGet Free Report) last released its quarterly earnings results on Thursday, April 30th. The company reported $1.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.35 by ($0.28). The company had revenue of $340.58 million for the quarter, compared to the consensus estimate of $333.48 million. Choice Hotels International had a return on equity of 281.98% and a net margin of 21.55%.The business’s revenue was up 2.3% compared to the same quarter last year. During the same quarter last year, the company posted $1.34 EPS. Choice Hotels International has set its FY 2026 guidance at 6.920-7.140 EPS. As a group, equities research analysts forecast that Choice Hotels International, Inc. will post 7.14 earnings per share for the current fiscal year.

Choice Hotels International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Wednesday, April 1st were issued a dividend of $0.2875 per share. This represents a $1.15 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Wednesday, April 1st. Choice Hotels International’s dividend payout ratio is currently 15.50%.

Analyst Ratings Changes

A number of research analysts have recently weighed in on CHH shares. Deutsche Bank Aktiengesellschaft set a $114.00 price target on Choice Hotels International in a report on Monday, May 4th. Truist Financial boosted their price objective on shares of Choice Hotels International from $126.00 to $129.00 and gave the company a “buy” rating in a research report on Thursday, March 26th. Barclays lowered their price objective on shares of Choice Hotels International from $112.00 to $100.00 and set an “underweight” rating on the stock in a research report on Thursday, April 30th. Wells Fargo & Company boosted their price objective on shares of Choice Hotels International from $91.00 to $110.00 and gave the company an “underweight” rating in a research report on Friday, February 20th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Choice Hotels International from $117.00 to $116.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 6th. Two investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average target price of $111.75.

Read Our Latest Analysis on CHH

Insider Activity

In related news, CFO Scott E. Oaksmith sold 1,603 shares of the company’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 completion of the sale, the chief financial officer directly owned 37,172 shares of the company’s stock, valued at approximately $3,717,200. This represents a 4.13% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 24.02% of the company’s stock.

About Choice Hotels International

(Free Report)

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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Institutional Ownership by Quarter for Choice Hotels International (NYSE:CHH)

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