NewEdge Wealth LLC Sells 6,835 Shares of Choice Hotels International, Inc. $CHH

NewEdge Wealth LLC decreased its holdings in shares of Choice Hotels International, Inc. (NYSE:CHH) by 24.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 21,372 shares of the company’s stock after selling 6,835 shares during the quarter. NewEdge Wealth LLC’s holdings in Choice Hotels International were worth $2,036,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in CHH. Eagle Bay Advisors LLC bought a new stake in Choice Hotels International during the 4th quarter valued at approximately $28,000. Fifth Third Bancorp boosted its holdings in Choice Hotels International by 77.4% in the 4th quarter. Fifth Third Bancorp now owns 392 shares of the company’s stock valued at $37,000 after purchasing an additional 171 shares during the period. Quarry LP bought a new stake in Choice Hotels International in the 3rd quarter valued at $38,000. Bayforest Capital Ltd bought a new stake in Choice Hotels International in the 4th quarter valued at $42,000. Finally, Signaturefd LLC boosted its holdings in Choice Hotels International by 82.2% in the 4th quarter. Signaturefd LLC now owns 523 shares of the company’s stock valued at $50,000 after purchasing an additional 236 shares during the period. Institutional investors own 65.57% of the company’s stock.

Insider Transactions at Choice Hotels International

In other Choice Hotels International news, CFO Scott E. Oaksmith sold 1,603 shares of Choice Hotels International stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $100.00, for a total value of $160,300.00. Following the completion of the transaction, the chief financial officer owned 37,172 shares in the company, valued at approximately $3,717,200. The trade was a 4.13% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 24.02% of the company’s stock.

Analyst Upgrades and Downgrades

CHH has been the subject of a number of research reports. Barclays reduced their price target on shares of Choice Hotels International from $112.00 to $100.00 and set an “underweight” rating for the company in a report on Thursday, April 30th. Weiss Ratings raised shares of Choice Hotels International from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, February 9th. Deutsche Bank Aktiengesellschaft set a $114.00 price objective on shares of Choice Hotels International in a report on Monday, May 4th. The Goldman Sachs Group raised their target price on Choice Hotels International from $90.00 to $100.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 3rd. Finally, JPMorgan Chase & Co. cut their target price on Choice Hotels International from $117.00 to $116.00 and set a “neutral” rating for the company in a research report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Reduce” and an average target price of $111.75.

Choice Hotels International Trading Up 1.2%

Shares of CHH stock opened at $105.49 on Wednesday. Choice Hotels International, Inc. has a 12-month low of $84.04 and a 12-month high of $136.45. The company has a market capitalization of $4.80 billion, a P/E ratio of 14.22, a P/E/G ratio of 1.91 and a beta of 0.65. The firm has a 50-day moving average price of $106.53 and a 200 day moving average price of $101.67. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 14.58.

Choice Hotels International (NYSE:CHH) last announced 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). Choice Hotels International had a net margin of 21.55% and a return on equity of 281.98%. The firm had revenue of $340.58 million for the quarter, compared to the consensus estimate of $333.48 million. During the same period in the prior year, the business earned $1.34 earnings per share. The company’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. 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 firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 1st were given a $0.2875 dividend. The ex-dividend date was Wednesday, April 1st. This represents a $1.15 annualized dividend and a yield of 1.1%. Choice Hotels International’s payout ratio is presently 15.50%.

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.