SG Americas Securities LLC Raises Stock Holdings in Choice Hotels International, Inc. $CHH

SG Americas Securities LLC boosted its position in shares of Choice Hotels International, Inc. (NYSE:CHH) by 67.6% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 18,307 shares of the company’s stock after buying an additional 7,387 shares during the quarter. SG Americas Securities LLC’s holdings in Choice Hotels International were worth $1,957,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in CHH. Squarepoint Ops LLC purchased a new position in shares of Choice Hotels International during the second quarter valued at approximately $5,020,000. Jump Financial LLC boosted its holdings in Choice Hotels International by 99.2% in the second quarter. Jump Financial LLC now owns 53,980 shares of the company’s stock valued at $6,849,000 after acquiring an additional 26,880 shares in the last quarter. Entropy Technologies LP increased its position in Choice Hotels International by 546.7% during the 2nd quarter. Entropy Technologies LP now owns 10,987 shares of the company’s stock valued at $1,394,000 after purchasing an additional 9,288 shares during the period. Bamco Inc. NY raised its holdings in Choice Hotels International by 6.8% in the 2nd quarter. Bamco Inc. NY now owns 4,990,652 shares of the company’s stock worth $633,214,000 after purchasing an additional 317,618 shares in the last quarter. Finally, Congress Asset Management Co. lifted its position in shares of Choice Hotels International by 6.6% in the 2nd quarter. Congress Asset Management Co. now owns 100,792 shares of the company’s stock worth $12,788,000 after purchasing an additional 6,223 shares during the period. Institutional investors own 65.57% of the company’s stock.

Analyst Ratings Changes

CHH has been the topic of several research analyst reports. Argus reiterated a “hold” rating on shares of Choice Hotels International in a research report on Tuesday, December 16th. Morgan Stanley cut their price objective on Choice Hotels International from $121.00 to $106.00 and set an “underweight” rating on the stock in a research report on Wednesday, October 22nd. Susquehanna decreased their target price on Choice Hotels International from $140.00 to $95.00 and set a “neutral” rating for the company in a research report on Wednesday, November 26th. Robert W. Baird lowered their target price on Choice Hotels International from $122.00 to $110.00 and set an “outperform” rating for the company in a research note on Tuesday, November 18th. Finally, Jefferies Financial Group cut Choice Hotels International from a “strong-buy” rating to a “hold” rating in a research note on Monday. Two investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus price target of $109.08.

Choice Hotels International Price Performance

CHH stock opened at $107.86 on Thursday. The company has a debt-to-equity ratio of 12.81, a quick ratio of 0.96 and a current ratio of 0.96. The firm has a 50 day moving average price of $94.80 and a 200-day moving average price of $108.44. Choice Hotels International, Inc. has a 52-week low of $84.04 and a 52-week high of $157.86. The firm has a market capitalization of $4.99 billion, a price-to-earnings ratio of 13.25, a PEG ratio of 8.56 and a beta of 0.77.

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

Choice Hotels International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Friday, January 2nd will be given a $0.2875 dividend. This represents a $1.15 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Friday, January 2nd. Choice Hotels International’s payout ratio is currently 14.13%.

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.