Squarepoint Ops LLC Cuts Stock Position in Choice Hotels International, Inc. $CHH

Squarepoint Ops LLC lowered its holdings in shares of Choice Hotels International, Inc. (NYSE:CHH) by 57.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 71,629 shares of the company’s stock after selling 98,480 shares during the quarter. Squarepoint Ops LLC owned approximately 0.16% of Choice Hotels International worth $7,899,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CHH. Bamco Inc. NY grew its holdings in Choice Hotels International by 37.8% during the 4th quarter. Bamco Inc. NY now owns 7,386,575 shares of the company’s stock valued at $703,645,000 after buying an additional 2,026,679 shares in the last quarter. California State Teachers Retirement System lifted its holdings in shares of Choice Hotels International by 9,525.7% in the second quarter. California State Teachers Retirement System now owns 3,184,377 shares of the company’s stock worth $351,141,000 after buying an additional 3,151,295 shares in the last quarter. Wellington Management Group LLP lifted its holdings in shares of Choice Hotels International by 1.7% in the second quarter. Wellington Management Group LLP now owns 669,693 shares of the company’s stock worth $73,847,000 after buying an additional 11,366 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Choice Hotels International by 151.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 512,628 shares of the company’s stock worth $48,833,000 after acquiring an additional 308,771 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in shares of Choice Hotels International by 1.5% during the fourth quarter. Geode Capital Management LLC now owns 431,916 shares of the company’s stock worth $41,151,000 after acquiring an additional 6,422 shares during the last quarter. Institutional investors own 65.57% of the company’s stock.

Choice Hotels International Stock Down 1.5%

Shares of NYSE:CHH opened at $98.11 on Friday. The company has a market cap of $4.42 billion, a price-to-earnings ratio of 13.86, a PEG ratio of 2.52 and a beta of 0.66. Choice Hotels International, Inc. has a 12 month low of $84.04 and a 12 month high of $123.82. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 14.08. The company has a 50-day moving average price of $107.46 and a 200 day moving average price of $107.95.

Choice Hotels International (NYSE:CHH) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $2.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.97 by $0.05. The business had revenue of $440.76 million for the quarter, compared to the consensus estimate of $436.48 million. Choice Hotels International had a return on equity of 205.69% and a net margin of 20.28%.The company’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same period in the prior year, the business posted $1.92 earnings per share. Choice Hotels International has set its FY 2026 guidance at 6.860-7.100 EPS. As a group, equities research analysts predict that Choice Hotels International, Inc. will post 6.97 earnings per share for the current year.

Analyst Ratings Changes

CHH has been the subject of a number of research analyst reports. JPMorgan Chase & Co. raised their price objective on Choice Hotels International from $116.00 to $118.00 and gave the company a “neutral” rating in a research report on Tuesday, July 21st. Wells Fargo & Company increased their price target on Choice Hotels International from $98.00 to $99.00 and gave the company an “underweight” rating in a research note on Thursday, July 16th. 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. Truist Financial upped their price objective on Choice Hotels International from $128.00 to $129.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Choice Hotels International in a research report on Tuesday, July 7th. Two analysts have rated the stock with a Buy rating, nine have given a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus price target of $112.46.

Insider Buying and Selling at Choice Hotels International

In other news, Director William Jews sold 5,057 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $106.98, for a total transaction of $540,997.86. Following the transaction, the director owned 23,987 shares of the company’s stock, valued at approximately $2,566,129.26. The trade was a 17.41% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 23.87% of the company’s stock.

Choice Hotels International Company 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.