Fox Run Management L.L.C. Invests $430,000 in Choice Hotels International, Inc. $CHH

Fox Run Management L.L.C. bought a new position in Choice Hotels International, Inc. (NYSE:CHH) during the 2nd quarter, Holdings Channel reports. The institutional investor bought 3,392 shares of the company’s stock, valued at approximately $430,000.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Jump Financial LLC acquired a new position in shares of Choice Hotels International in the 1st quarter valued at about $3,598,000. XTX Topco Ltd increased its position in Choice Hotels International by 155.0% during the 1st quarter. XTX Topco Ltd now owns 13,243 shares of the company’s stock worth $1,758,000 after purchasing an additional 8,049 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in Choice Hotels International by 3.2% in the first quarter. Bank of New York Mellon Corp now owns 234,047 shares of the company’s stock valued at $31,077,000 after buying an additional 7,159 shares during the period. Millennium Management LLC acquired a new position in Choice Hotels International during the first quarter valued at approximately $49,799,000. Finally, Invesco Ltd. lifted its position in Choice Hotels International by 45.9% during the first quarter. Invesco Ltd. now owns 195,750 shares of the company’s stock valued at $25,992,000 after buying an additional 61,562 shares in the last quarter. Hedge funds and other institutional investors own 65.57% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on CHH shares. Morgan Stanley cut their target price on shares of Choice Hotels International from $121.00 to $106.00 and set an “underweight” rating on the stock in a research note on Wednesday, October 22nd. Robert W. Baird lowered their target price on Choice Hotels International from $144.00 to $136.00 and set an “outperform” rating for the company in a research note on Friday, August 22nd. Weiss Ratings reissued a “hold (c-)” rating on shares of Choice Hotels International in a research report on Thursday, October 30th. Bank of America cut Choice Hotels International from a “buy” rating to an “underperform” rating and set a $110.00 price target for the company. in a report on Monday, September 29th. Finally, Barclays dropped their price objective on shares of Choice Hotels International from $101.00 to $99.00 and set an “underweight” rating on the stock in a research note on Friday, November 7th. Three equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus target price of $125.38.

Choice Hotels International Stock Performance

Shares of CHH opened at $97.56 on Thursday. The company has a market capitalization of $4.51 billion, a P/E ratio of 15.01, a P/E/G ratio of 6.60 and a beta of 0.84. Choice Hotels International, Inc. has a one year low of $90.97 and a one year high of $157.86. The stock has a 50-day moving average price of $103.68 and a 200 day moving average price of $118.65.

Choice Hotels International (NYSE:CHH) last posted 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). Choice Hotels International had a negative return on equity of 575.73% and a net margin of 19.52%.The business had revenue of $447.34 million for the quarter, compared to analysts’ expectations of $419.75 million. During the same quarter in the prior year, the firm earned $2.23 earnings per share. Choice Hotels International’s revenue for the quarter was up 4.4% compared to the same quarter last year. Choice Hotels International has set its FY 2025 guidance at 6.820-7.050 EPS. As a group, equities research analysts forecast that Choice Hotels International, Inc. will post 7.07 earnings per share for the current fiscal year.

Choice Hotels International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 16th. Shareholders of record on Wednesday, October 1st were paid a dividend of $0.2875 per share. This represents a $1.15 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Wednesday, October 1st. Choice Hotels International’s dividend payout ratio is 14.13%.

Choice Hotels International Profile

Choice Hotels International, Inc, together with its subsidiaries, operates as a hotel franchisor in the United States and internationally. It operates through Hotel Franchising & Management and Corporate & Other segments. The company franchises lodging properties under the brand names of Comfort Inn, Comfort Suites, Quality, Clarion, Clarion Pointe, Sleep Inn, Ascend Hotel Collection, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Studios, WoodSpring Suites, Everhome Suites, Cambria Hotels, Radisson Blu, Radisson RED, Radisson, Park Plaza, Country Inn & Suites by Radisson, Radisson Inn & Suites, Park Inn by Radisson, Radisson Individuals, and Radisson Collection.