BNP Paribas Financial Markets trimmed its stake in shares of Choice Hotels International, Inc. (NYSE:CHH – Free Report) by 10.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 180,288 shares of the company’s stock after selling 20,878 shares during the period. BNP Paribas Financial Markets’ holdings in Choice Hotels International were worth $17,174,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently modified their holdings of CHH. Alps Advisors Inc. grew its stake in Choice Hotels International by 42.4% in the 3rd quarter. Alps Advisors Inc. now owns 40,577 shares of the company’s stock valued at $4,338,000 after acquiring an additional 12,082 shares during the last quarter. Fenimore Asset Management Inc grew its stake in Choice Hotels International by 8.7% in the 4th quarter. Fenimore Asset Management Inc now owns 193,444 shares of the company’s stock valued at $18,427,000 after acquiring an additional 15,508 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in Choice Hotels International by 9,295.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 62,577 shares of the company’s stock valued at $5,961,000 after acquiring an additional 61,911 shares during the last quarter. Elo Mutual Pension Insurance Co acquired a new stake in Choice Hotels International in the 3rd quarter valued at about $2,100,000. Finally, M&T Bank Corp acquired a new stake in Choice Hotels International in the 4th quarter valued at about $1,037,000. 65.57% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling
In related news, CFO Scott E. Oaksmith sold 1,603 shares of the firm’s stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $100.00, for a total value of $160,300.00. Following the transaction, the chief financial officer owned 37,172 shares in the company, valued at approximately $3,717,200. This trade represents a 4.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 23.78% of the company’s stock.
Choice Hotels International Trading Up 0.7%
Choice Hotels International (NYSE:CHH – Get Free Report) last announced its quarterly earnings data 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). The company had revenue of $340.58 million for the quarter, compared to analysts’ expectations of $333.48 million. Choice Hotels International had a return on equity of 281.98% and a net margin of 21.55%.The company’s revenue was up 2.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.34 earnings per share. Choice Hotels International has set its FY 2026 guidance at 6.920-7.140 EPS. As a group, equities analysts forecast that Choice Hotels International, Inc. will post 7.14 EPS for the current year.
Choice Hotels International Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st will be issued a dividend of $0.2875 per share. This represents a $1.15 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Wednesday, July 1st. Choice Hotels International’s dividend payout ratio is presently 15.50%.
Wall Street Analyst Weigh In
A number of equities research analysts recently commented on CHH shares. Robert W. Baird set a $128.00 price objective on shares of Choice Hotels International in a research note on Monday, May 11th. Weiss Ratings raised shares of Choice Hotels International from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, February 9th. Truist Financial decreased 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 research note on Tuesday, May 26th. Barclays decreased their price target on shares of Choice Hotels International from $112.00 to $100.00 and set an “underweight” rating on the stock in a research note on Thursday, April 30th. Finally, Morgan Stanley decreased their price target on shares of Choice Hotels International from $87.00 to $86.00 and set an “underweight” rating on the stock in a research note on Tuesday, May 12th. Two equities research 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 an average rating of “Reduce” and an average price target of $111.67.
Get Our Latest Analysis on CHH
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.
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