Heartland Advisors Inc. Buys Shares of 62,336 Choice Hotels International, Inc. $CHH

Heartland Advisors Inc. bought a new stake in shares of Choice Hotels International, Inc. (NYSE:CHH) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 62,336 shares of the company’s stock, valued at approximately $6,452,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Kera Capital Partners Inc. purchased a new position in Choice Hotels International during the 1st quarter valued at $220,000. Bessemer Group Inc. increased its stake in Choice Hotels International by 485.9% in the first quarter. Bessemer Group Inc. now owns 539 shares of the company’s stock worth $56,000 after purchasing an additional 447 shares during the period. Sanctuary Advisors LLC increased its stake in Choice Hotels International by 29.9% in the first quarter. Sanctuary Advisors LLC now owns 14,247 shares of the company’s stock worth $1,475,000 after purchasing an additional 3,276 shares during the period. Calamos Wealth Management LLC purchased a new stake in Choice Hotels International in the first quarter worth $301,000. Finally, Calamos Advisors LLC bought a new stake in shares of Choice Hotels International during the first quarter worth $301,000. 65.57% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Choice Hotels International

In other Choice Hotels International news, CFO Scott E. Oaksmith sold 2,000 shares of the firm’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $110.00, for a total transaction of $220,000.00. Following the transaction, the chief financial officer owned 35,172 shares of the company’s stock, valued at approximately $3,868,920. This trade represents a 5.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 23.87% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on CHH. Robert W. Baird set a $128.00 target price on shares of Choice Hotels International in a research note on Monday, May 11th. Truist Financial reduced 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. Deutsche Bank Aktiengesellschaft set a $114.00 price objective on shares of Choice Hotels International in a report on Monday, May 4th. Morgan Stanley lowered their price objective on shares of Choice Hotels International from $87.00 to $86.00 and set an “underweight” rating for the company in a research report on Tuesday, May 12th. Finally, Barclays dropped their target price 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. Two 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. According to MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus price target of $110.75.

Choice Hotels International Price Performance

Shares of CHH stock opened at $111.65 on Monday. Choice Hotels International, Inc. has a twelve month low of $84.04 and a twelve month high of $136.45. The stock has a market capitalization of $5.08 billion, a price-to-earnings ratio of 15.05, a P/E/G ratio of 5.35 and a beta of 0.67. The stock has a fifty day simple moving average of $110.20 and a two-hundred day simple moving average of $107.57. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 14.58.

Choice Hotels International (NYSE:CHH) last posted its quarterly earnings results on Thursday, April 30th. The company reported $1.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.35 by ($0.28). The firm had revenue of $340.57 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%.Choice Hotels International’s quarterly revenue was up 2.3% compared to the same quarter last year. During the same period in the previous year, the company posted $1.34 EPS. Choice Hotels International has set its FY 2026 guidance at 6.920-7.140 EPS. On average, analysts predict that Choice Hotels International, Inc. will post 7.11 EPS for the current fiscal year.

Choice Hotels International Dividend Announcement

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

Choice Hotels International Profile

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.