Boston Trust Walden Corp Purchases 81,132 Shares of Choice Hotels International, Inc. $CHH

Boston Trust Walden Corp increased its holdings in Choice Hotels International, Inc. (NYSE:CHH) by 8.4% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,046,784 shares of the company’s stock after buying an additional 81,132 shares during the period. Choice Hotels International accounts for approximately 0.8% of Boston Trust Walden Corp’s portfolio, making the stock its 23rd largest holding. Boston Trust Walden Corp’s holdings in Choice Hotels International were worth $111,912,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Kilter Group LLC purchased a new stake in shares of Choice Hotels International in the 2nd quarter valued at about $25,000. Whittier Trust Co. increased its position in shares of Choice Hotels International by 138.5% in the second quarter. Whittier Trust Co. now owns 291 shares of the company’s stock worth $37,000 after purchasing an additional 169 shares during the last quarter. Toth Financial Advisory Corp purchased a new stake in Choice Hotels International in the second quarter valued at approximately $38,000. Thurston Springer Miller Herd & Titak Inc. lifted its position in Choice Hotels International by 119.1% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 390 shares of the company’s stock valued at $49,000 after purchasing an additional 212 shares during the last quarter. Finally, GAMMA Investing LLC grew its stake in Choice Hotels International by 116.2% in the 2nd quarter. GAMMA Investing LLC now owns 413 shares of the company’s stock worth $52,000 after buying an additional 222 shares in the last quarter. 65.57% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on CHH. Susquehanna lowered their price objective on shares of Choice Hotels International from $140.00 to $95.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 26th. Wells Fargo & Company initiated coverage on Choice Hotels International in a research report on Tuesday, November 18th. They set an “underweight” rating and a $84.00 price target on the stock. Barclays cut their price objective on Choice Hotels International from $101.00 to $99.00 and set an “underweight” rating for the company in a report on Friday, November 7th. Robert W. Baird decreased their price objective on Choice Hotels International from $122.00 to $110.00 and set an “outperform” rating on the stock in a report on Tuesday, November 18th. Finally, Truist Financial dropped their target price on Choice Hotels International from $128.00 to $111.00 and set a “hold” rating for the company in a research report on Thursday, December 4th. Two equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus target price of $106.15.

Choice Hotels International Stock Up 0.8%

CHH opened at $95.98 on Monday. Choice Hotels International, Inc. has a 12 month low of $84.04 and a 12 month high of $157.86. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 12.81. The business’s 50-day moving average price is $93.39 and its 200-day moving average price is $110.45. The company has a market cap of $4.44 billion, a P/E ratio of 11.79, a P/E/G ratio of 7.87 and a beta of 0.79.

Choice Hotels International (NYSE:CHH) last issued its earnings results on Wednesday, November 5th. The company reported $2.10 earnings per share 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 analysts’ expectations of $419.75 million. Choice Hotels International had a net margin of 23.93% and a return on equity of 9,081.29%. The company’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, equities analysts expect that Choice Hotels International, Inc. will post 7.07 EPS for the current year.

Choice Hotels International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Friday, January 2nd will be issued a $0.2875 dividend. The ex-dividend date is Friday, January 2nd. This represents a $1.15 annualized dividend and a dividend yield of 1.2%. Choice Hotels International’s dividend payout ratio (DPR) is currently 14.13%.

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.