VIRGINIA RETIREMENT SYSTEMS ET Al Acquires New Position in Choice Hotels International, Inc. $CHH

VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Choice Hotels International, Inc. (NYSE:CHH) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 5,300 shares of the company’s stock, valued at approximately $584,000.

Other large investors have also recently made changes to their positions in the company. Oregon Public Employees Retirement Fund raised its stake in shares of Choice Hotels International by 2.4% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 4,243 shares of the company’s stock valued at $439,000 after purchasing an additional 100 shares during the period. GAMMA Investing LLC boosted its stake in Choice Hotels International by 18.9% in the 2nd quarter. GAMMA Investing LLC now owns 762 shares of the company’s stock worth $84,000 after purchasing an additional 121 shares during the period. PNC Financial Services Group Inc. boosted its stake in Choice Hotels International by 10.7% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,661 shares of the company’s stock worth $172,000 after purchasing an additional 161 shares during the period. Eurizon Capital SGR S.p.A. purchased a new position in Choice Hotels International during the 4th quarter valued at about $27,000. Finally, Hanson & Doremus Investment Management purchased a new position in Choice Hotels International during the 1st quarter valued at about $39,000. 65.57% of the stock is owned by institutional investors.

Choice Hotels International Stock Performance

NYSE:CHH opened at $96.51 on Tuesday. The stock has a market cap of $4.34 billion, a P/E ratio of 13.63, a PEG ratio of 2.44 and a beta of 0.66. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 14.08. The business’s 50-day moving average price is $106.92 and its two-hundred day moving average price is $107.79. Choice Hotels International, Inc. has a twelve month low of $84.04 and a twelve month high of $123.82.

Choice Hotels International (NYSE:CHH) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $2.02 EPS for the quarter, topping the consensus estimate of $1.97 by $0.05. The company had revenue of $440.76 million during the quarter, compared to analyst estimates of $436.48 million. Choice Hotels International had a return on equity of 205.69% and a net margin of 20.28%.Choice Hotels International’s revenue was up 3.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.92 earnings per share. Choice Hotels International has set its FY 2026 guidance at 6.860-7.100 EPS. As a group, equities analysts predict that Choice Hotels International, Inc. will post 6.97 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on CHH shares. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $124.00 price target on shares of Choice Hotels International in a report on Thursday, August 6th. Mizuho initiated coverage on shares of Choice Hotels International in a research note on Thursday, August 27th. They set a “neutral” rating and a $106.00 price objective for the company. Morgan Stanley upped their target price on shares of Choice Hotels International from $86.00 to $91.00 and gave the stock an “underweight” rating in a report on Tuesday, August 18th. Truist Financial increased their target price on shares of Choice Hotels International from $128.00 to $129.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Choice Hotels International in a research report on Tuesday, July 7th. Two equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, Choice Hotels International has a consensus rating of “Reduce” and an average price target of $112.46.

Insider Transactions at Choice Hotels International

In other Choice Hotels International news, Director William Jews sold 5,057 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $106.98, for a total value of $540,997.86. Following the completion of the transaction, the director owned 23,987 shares of the company’s stock, valued at $2,566,129.26. The trade was a 17.41% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 23.87% of the stock is currently owned by insiders.

About Choice Hotels International

Choice Hotels International, Inc is a hospitality company that franchises and manages a portfolio of hotels and lodging properties. Its brands serve a range of market segments, including economy, midscale, upscale and extended-stay accommodations. The company’s portfolio includes Comfort, Quality Inn, Sleep Inn, Clarion, Econo Lodge, Rodeway Inn, Cambria Hotels, Ascend Hotel Collection, Everhome Suites and WoodSpring Suites.

Choice Hotels primarily operates through a franchise model, providing hotel owners with brand licensing, reservation services, marketing, technology, loyalty-program support and other operational resources.