Y Intercept Hong Kong Ltd Acquires 20,287 Shares of Choice Hotels International, Inc. $CHH

Y Intercept Hong Kong Ltd raised its stake in shares of Choice Hotels International, Inc. (NYSE:CHH) by 111.9% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 38,422 shares of the company’s stock after acquiring an additional 20,287 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Choice Hotels International were worth $4,108,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in CHH. GAMMA Investing LLC boosted its holdings in Choice Hotels International by 116.2% in the 2nd quarter. GAMMA Investing LLC now owns 413 shares of the company’s stock valued at $52,000 after purchasing an additional 222 shares during the period. Squarepoint Ops LLC bought a new position in shares of Choice Hotels International during the 2nd quarter worth about $5,020,000. Jump Financial LLC raised its position in shares of Choice Hotels International by 99.2% during the second quarter. Jump Financial LLC now owns 53,980 shares of the company’s stock valued at $6,849,000 after buying an additional 26,880 shares during the last quarter. Entropy Technologies LP lifted its stake in shares of Choice Hotels International by 546.7% in the second quarter. Entropy Technologies LP now owns 10,987 shares of the company’s stock valued at $1,394,000 after buying an additional 9,288 shares during the period. Finally, Bamco Inc. NY lifted its stake in shares of Choice Hotels International by 6.8% in the second quarter. Bamco Inc. NY now owns 4,990,652 shares of the company’s stock valued at $633,214,000 after buying an additional 317,618 shares during the period. Institutional investors and hedge funds own 65.57% of the company’s stock.

Choice Hotels International Price Performance

Choice Hotels International stock opened at $104.81 on Monday. The business has a 50 day simple moving average of $96.10 and a 200 day simple moving average of $107.11. The company has a debt-to-equity ratio of 12.81, a current ratio of 0.96 and a quick ratio of 0.96. The company has a market capitalization of $4.85 billion, a PE ratio of 12.88, a price-to-earnings-growth ratio of 8.18 and a beta of 0.77. Choice Hotels International, Inc. has a one year low of $84.04 and a one year high of $157.86.

Choice Hotels International (NYSE:CHH) last released its quarterly earnings data on Wednesday, November 5th. The company reported $2.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.18 by ($0.08). The company had revenue of $278.00 million for the quarter, compared to analyst estimates of $419.75 million. Choice Hotels International had a return on equity of 9,081.29% and a net margin of 23.93%.The business’s revenue was up 4.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.23 earnings per share. Choice Hotels International has set its FY 2025 guidance at 6.820-7.050 EPS. On average, sell-side analysts forecast that Choice Hotels International, Inc. will post 7.07 EPS for the current fiscal year.

Choice Hotels International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Friday, January 2nd were paid a dividend of $0.2875 per share. This represents a $1.15 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Friday, January 2nd. Choice Hotels International’s dividend payout ratio is currently 14.13%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on CHH. Jefferies Financial Group lowered Choice Hotels International from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 12th. Wells Fargo & Company initiated coverage on Choice Hotels International in a report on Tuesday, November 18th. They set an “underweight” rating and a $84.00 price objective on the stock. Robert W. Baird lowered their price objective on Choice Hotels International from $122.00 to $110.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 18th. UBS Group cut their target price on Choice Hotels International from $120.00 to $118.00 and set a “neutral” rating for the company in a research note on Wednesday, January 7th. Finally, Barclays decreased their price target on shares of Choice Hotels International from $99.00 to $98.00 and set an “underweight” rating on the stock in a research note on Friday, January 16th. Two equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and five have given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Reduce” and a consensus price target of $107.85.

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.