Wellington Management Group LLP Raises Stock Holdings in Choice Hotels International, Inc. $CHH

Wellington Management Group LLP raised its holdings in shares of Choice Hotels International, Inc. (NYSE:CHH) by 1.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 669,693 shares of the company’s stock after purchasing an additional 11,366 shares during the quarter. Wellington Management Group LLP’s holdings in Choice Hotels International were worth $73,847,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of CHH. Teza Capital Management LLC raised its position in Choice Hotels International by 5.0% during the 2nd quarter. Teza Capital Management LLC now owns 2,051 shares of the company’s stock valued at $260,000 after purchasing an additional 98 shares in the last quarter. Oregon Public Employees Retirement Fund boosted its holdings in shares of Choice Hotels International by 2.4% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 4,243 shares of the company’s stock valued at $439,000 after buying an additional 100 shares in the last quarter. Atlantic Union Bankshares Corp boosted its stake in Choice Hotels International by 1.2% in the fourth quarter. Atlantic Union Bankshares Corp now owns 9,174 shares of the company’s stock valued at $874,000 after acquiring an additional 112 shares in the last quarter. Treasurer of the State of North Carolina grew its stake in Choice Hotels International by 0.9% during the 2nd quarter. Treasurer of the State of North Carolina now owns 12,626 shares of the company’s stock worth $1,602,000 after buying an additional 112 shares during the last quarter. Finally, GAMMA Investing LLC grew its stake in shares of Choice Hotels International by 18.9% during the second quarter. GAMMA Investing LLC now owns 762 shares of the company’s stock worth $84,000 after acquiring an additional 121 shares during the last quarter. Institutional investors own 65.57% of the company’s stock.

Choice Hotels International Stock Performance

Shares of Choice Hotels International stock opened at $100.37 on Thursday. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 14.08. The firm has a market cap of $4.52 billion, a PE ratio of 14.18, a price-to-earnings-growth ratio of 2.48 and a beta of 0.66. The business’s fifty day simple moving average is $108.88 and its 200-day simple moving average is $108.39. Choice Hotels International, Inc. has a 52 week low of $84.04 and a 52 week high of $123.82.

Choice Hotels International (NYSE:CHH) last released its quarterly earnings results 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 net margin of 20.28% and a return on equity of 205.69%. The business’s revenue was up 3.4% on a year-over-year basis. During the same period in the previous year, the firm earned $1.92 EPS. Choice Hotels International has set its FY 2026 guidance at 6.860-7.100 EPS. Equities analysts forecast that Choice Hotels International, Inc. will post 6.97 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on CHH shares. Morgan Stanley boosted their price objective on shares of Choice Hotels International from $86.00 to $91.00 and gave the company an “underweight” rating in a report on Tuesday, August 18th. Susquehanna boosted their target price on shares of Choice Hotels International from $110.00 to $115.00 and gave the company a “neutral” rating in a research note on Tuesday, August 11th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Choice Hotels International in a report on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $124.00 price objective on shares of Choice Hotels International in a report on Thursday, August 6th. Finally, Robert W. Baird set a $128.00 target price on Choice Hotels International in a research report on Monday, May 11th. Two analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Reduce” and an average price target of $112.38.

Insider Transactions at Choice Hotels International

In other Choice Hotels International news, CFO Scott E. Oaksmith sold 2,000 shares of the business’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $110.00, for a total value of $220,000.00. Following the completion of the transaction, the chief financial officer owned 35,172 shares in the company, valued at $3,868,920. The trade was a 5.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director William L. Jews sold 5,057 shares of the business’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $106.98, for a total value of $540,997.86. Following the transaction, the director directly owned 23,987 shares of the company’s stock, valued at $2,566,129.26. The trade was a 17.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 23.87% of the company’s stock.

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.