Choice Hotels International, Inc. (NYSE:CHH) Shares Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP increased its holdings in Choice Hotels International, Inc. (NYSE:CHH) by 11.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 621,332 shares of the company’s stock after acquiring an additional 62,174 shares during the quarter. Dimensional Fund Advisors LP owned approximately 1.25% of Choice Hotels International worth $70,396,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Markel Group Inc. boosted its stake in shares of Choice Hotels International by 86.4% during the 4th quarter. Markel Group Inc. now owns 61,500 shares of the company’s stock valued at $6,968,000 after buying an additional 28,500 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC boosted its stake in Choice Hotels International by 4.4% during the 3rd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,162,038 shares of the company’s stock valued at $264,871,000 after acquiring an additional 91,351 shares during the last quarter. International Assets Investment Management LLC acquired a new position in Choice Hotels International during the 4th quarter worth $24,000,000. Jump Financial LLC increased its position in shares of Choice Hotels International by 144.9% in the 3rd quarter. Jump Financial LLC now owns 33,207 shares of the company’s stock worth $4,068,000 after purchasing an additional 19,649 shares during the last quarter. Finally, GSA Capital Partners LLP bought a new stake in Choice Hotels International in the third quarter valued at about $1,117,000. Hedge funds and other institutional investors own 65.57% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Barclays dropped their price target on Choice Hotels International from $122.00 to $114.00 and set an “underweight” rating on the stock in a research report on Friday, April 19th. Jefferies Financial Group raised shares of Choice Hotels International from an “underperform” rating to a “buy” rating and increased their price objective for the stock from $96.00 to $156.00 in a report on Monday, March 11th. Robert W. Baird reduced their target price on shares of Choice Hotels International from $140.00 to $137.00 and set an “outperform” rating for the company in a research note on Wednesday, April 24th. StockNews.com lowered shares of Choice Hotels International from a “hold” rating to a “sell” rating in a research note on Wednesday, February 21st. Finally, Truist Financial boosted their price objective on Choice Hotels International from $142.00 to $146.00 and gave the stock a “hold” rating in a research report on Thursday, March 14th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, Choice Hotels International presently has a consensus rating of “Hold” and a consensus price target of $129.70.

Choice Hotels International Stock Performance

CHH opened at $115.42 on Friday. The business has a 50 day moving average price of $121.04 and a two-hundred day moving average price of $117.64. The company has a debt-to-equity ratio of 177.75, a current ratio of 0.37 and a quick ratio of 0.37. The company has a market capitalization of $5.56 billion, a price-to-earnings ratio of 24.77, a price-to-earnings-growth ratio of 1.98 and a beta of 1.21. Choice Hotels International, Inc. has a 1-year low of $108.91 and a 1-year high of $136.02.

Choice Hotels International (NYSE:CHH) last issued its quarterly earnings results on Wednesday, May 8th. The company reported $1.28 EPS for the quarter, topping the consensus estimate of $1.15 by $0.13. Choice Hotels International had a net margin of 15.34% and a return on equity of 748.46%. The firm had revenue of $331.90 million for the quarter, compared to analysts’ expectations of $343.04 million. During the same period in the previous year, the business earned $1.12 earnings per share. Choice Hotels International’s revenue for the quarter was down .6% compared to the same quarter last year. Research analysts predict that Choice Hotels International, Inc. will post 6.45 EPS for the current fiscal year.

Choice Hotels International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 16th. Shareholders of record on Monday, July 1st will be issued a $0.2875 dividend. The ex-dividend date is Monday, July 1st. This represents a $1.15 annualized dividend and a dividend yield of 1.00%. Choice Hotels International’s dividend payout ratio is currently 24.68%.

Choice Hotels International Company 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.