Wellington Management Group LLP Buys 11,366 Shares of Choice Hotels International, Inc. $CHH

Wellington Management Group LLP boosted its position in Choice Hotels International, Inc. (NYSE:CHH) by 1.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 669,693 shares of the company’s stock after purchasing an additional 11,366 shares during the period. Wellington Management Group LLP owned about 1.49% of Choice Hotels International worth $73,847,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. GAMMA Investing LLC lifted its stake in shares of Choice Hotels International by 18.9% during the 2nd quarter. GAMMA Investing LLC now owns 762 shares of the company’s stock valued at $84,000 after buying an additional 121 shares in the last quarter. Janus Henderson Group PLC boosted its stake in Choice Hotels International by 1,009.6% during the first quarter. Janus Henderson Group PLC now owns 139,550 shares of the company’s stock valued at $14,445,000 after buying an additional 126,973 shares during the period. Amundi boosted its position in shares of Choice Hotels International by 158.7% during the 1st quarter. Amundi now owns 6,234 shares of the company’s stock valued at $645,000 after acquiring an additional 3,824 shares during the last quarter. California State Teachers Retirement System grew its stake in Choice Hotels International by 5.8% in the 1st quarter. California State Teachers Retirement System now owns 33,082 shares of the company’s stock worth $3,424,000 after buying an additional 1,808 shares in the last quarter. Finally, Empowered Funds LLC purchased a new position in Choice Hotels International in the first quarter worth $309,000. 65.57% of the stock is owned by hedge funds and other institutional investors.

Choice Hotels International Stock Up 2.3%

CHH opened at $100.37 on Thursday. The firm’s fifty day moving average is $108.88 and its 200 day moving average is $108.39. Choice Hotels International, Inc. has a fifty-two week low of $84.04 and a fifty-two week high of $123.82. The stock has a market cap of $4.52 billion, a price-to-earnings ratio of 14.18, a price-to-earnings-growth ratio of 2.48 and a beta of 0.66. The company has a debt-to-equity ratio of 14.08, a quick ratio of 0.93 and a current ratio of 0.93.

Choice Hotels International (NYSE:CHH) last released its earnings results on Wednesday, August 5th. The company reported $2.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.97 by $0.05. Choice Hotels International had a return on equity of 205.69% and a net margin of 20.28%.The firm had revenue of $440.76 million during the quarter, compared to analysts’ expectations of $436.48 million. During the same quarter last year, the business posted $1.92 earnings per share. The firm’s revenue was up 3.4% on a year-over-year basis. Choice Hotels International has set its FY 2026 guidance at 6.860-7.100 EPS. On average, sell-side analysts forecast that Choice Hotels International, Inc. will post 6.97 earnings per share for the current fiscal year.

Insider Activity

In related 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 value of $220,000.00. Following the sale, the chief financial officer owned 35,172 shares in the company, valued at approximately $3,868,920. The trade was a 5.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director William L. Jews sold 5,057 shares of the business’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $106.98, for a total transaction of $540,997.86. Following the completion of the sale, the director owned 23,987 shares in the company, valued at approximately $2,566,129.26. This trade represents a 17.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 23.87% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

CHH has been the subject of several analyst reports. Morgan Stanley increased their target price on Choice Hotels International from $86.00 to $91.00 and gave the company an “underweight” rating in a report on Tuesday, August 18th. Truist Financial cut their target price 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. Susquehanna upped their price target on Choice Hotels International from $110.00 to $115.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 11th. Mizuho initiated coverage on Choice Hotels International in a report on Thursday, August 27th. They set a “neutral” rating and a $106.00 price target for the company. Finally, Wells Fargo & Company boosted their target price on Choice Hotels International from $98.00 to $99.00 and gave the stock an “underweight” rating in a research report on Thursday, July 16th. Two 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’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus target price of $112.38.

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.