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

Bamco Inc. NY lifted its position in shares of Choice Hotels International, Inc. (NYSE:CHH) by 37.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,386,575 shares of the company’s stock after purchasing an additional 2,026,679 shares during the period. Choice Hotels International comprises 1.9% of Bamco Inc. NY’s portfolio, making the stock its 12th largest position. Bamco Inc. NY owned 0.16% of Choice Hotels International worth $703,645,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Fenimore Asset Management Inc lifted its position 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 worth $18,427,000 after purchasing an additional 15,508 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Choice Hotels International by 9,295.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 62,577 shares of the company’s stock worth $5,961,000 after purchasing an additional 61,911 shares in the last quarter. Elo Mutual Pension Insurance Co acquired a new position in shares of Choice Hotels International during the third quarter worth $2,100,000. M&T Bank Corp acquired a new stake in Choice Hotels International in the fourth quarter valued at $1,037,000. Finally, Erste Asset Management GmbH raised its holdings in Choice Hotels International by 28.2% in the fourth quarter. Erste Asset Management GmbH now owns 250,000 shares of the company’s stock valued at $23,815,000 after acquiring an additional 55,000 shares in the last quarter. 65.57% of the stock is owned by institutional investors and hedge funds.

Choice Hotels International Trading Down 1.7%

CHH opened at $114.12 on Thursday. The company has a debt-to-equity ratio of 14.58, a current ratio of 0.95 and a quick ratio of 0.95. Choice Hotels International, Inc. has a 12-month low of $84.04 and a 12-month high of $136.45. The firm’s fifty day moving average price is $111.38 and its 200 day moving average price is $104.60. The stock has a market capitalization of $5.19 billion, a PE ratio of 15.38, a P/E/G ratio of 5.55 and a beta of 0.67.

Choice Hotels International (NYSE:CHH) last released its earnings results on Thursday, April 30th. The company reported $1.07 earnings per share for the quarter, missing the consensus estimate of $1.35 by ($0.28). Choice Hotels International had a net margin of 21.55% and a return on equity of 281.98%. The business had revenue of $340.58 million for the quarter, compared to the consensus estimate of $333.48 million. During the same quarter in the previous year, the firm earned $1.34 EPS. The firm’s revenue for the quarter was up 2.3% on a year-over-year basis. Choice Hotels International has set its FY 2026 guidance at 6.920-7.140 EPS. As a group, research analysts expect that Choice Hotels International, Inc. will post 7.11 EPS for the current fiscal year.

Choice Hotels International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st will be paid a dividend of $0.2875 per share. The ex-dividend date is Wednesday, July 1st. This represents a $1.15 annualized dividend and a yield of 1.0%. Choice Hotels International’s payout ratio is presently 15.50%.

Insiders Place Their Bets

In other Choice Hotels International news, CFO Scott E. Oaksmith sold 2,000 shares of the business’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $110.00, for a total transaction of $220,000.00. Following the completion of the sale, the chief financial officer owned 35,172 shares in the company, valued at $3,868,920. The trade was a 5.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 23.78% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several analysts recently issued reports on CHH shares. Wells Fargo & Company upped their price target on shares of Choice Hotels International from $91.00 to $110.00 and gave the company an “underweight” rating in a report on Friday, February 20th. Truist Financial cut their price target on shares of Choice Hotels International from $129.00 to $128.00 and set a “buy” rating on the stock in a report on Tuesday, May 26th. Robert W. Baird set a $128.00 price target on shares of Choice Hotels International in a report on Monday, May 11th. JPMorgan Chase & Co. cut their price target on shares of Choice Hotels International from $117.00 to $116.00 and set a “neutral” rating on the stock in a report on Wednesday, May 6th. Finally, Susquehanna cut their price target on shares of Choice Hotels International from $115.00 to $110.00 and set a “neutral” rating on the stock in a report on Monday, May 4th. Two investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Reduce” and an average target price of $111.67.

About Choice Hotels International

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.