Maverick Capital Ltd. Takes $663,000 Position in Choice Hotels International, Inc. $CHH

Maverick Capital Ltd. acquired a new position in shares of Choice Hotels International, Inc. (NYSE:CHH) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 6,401 shares of the company’s stock, valued at approximately $663,000.

Several other institutional investors and hedge funds also recently bought and sold shares of CHH. Teza Capital Management LLC increased its holdings in shares of Choice Hotels International by 5.0% during the 2nd quarter. Teza Capital Management LLC now owns 2,051 shares of the company’s stock worth $260,000 after buying an additional 98 shares during the last quarter. Oregon Public Employees Retirement Fund grew its position in Choice Hotels International by 2.4% in the first quarter. Oregon Public Employees Retirement Fund now owns 4,243 shares of the company’s stock worth $439,000 after acquiring an additional 100 shares during the period. Atlantic Union Bankshares Corp grew its position 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 worth $874,000 after acquiring an additional 112 shares during the period. Treasurer of the State of North Carolina increased its stake in Choice Hotels International by 0.9% during the second quarter. Treasurer of the State of North Carolina now owns 12,626 shares of the company’s stock worth $1,602,000 after acquiring an additional 112 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its stake in Choice Hotels International by 10.7% during the first quarter. PNC Financial Services Group Inc. now owns 1,661 shares of the company’s stock worth $172,000 after acquiring an additional 161 shares during the last quarter. 65.57% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on CHH. Susquehanna decreased their price target on Choice Hotels International from $115.00 to $110.00 and set a “neutral” rating on the stock in a research note on Monday, May 4th. JPMorgan Chase & Co. boosted their price objective on shares of Choice Hotels International from $116.00 to $118.00 and gave the company a “neutral” rating in a report on Tuesday, July 21st. Robert W. Baird set a $128.00 target price on shares of Choice Hotels International in a research report on Monday, May 11th. Truist Financial lowered their target price on shares of Choice Hotels International from $129.00 to $128.00 and set a “buy” rating for the company in a research note on Tuesday, May 26th. Finally, Wells Fargo & Company lifted their price target on shares of Choice Hotels International from $98.00 to $99.00 and gave the company an “underweight” rating in a research report on Thursday, July 16th. 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 company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average price target of $111.00.

Choice Hotels International Trading Up 1.5%

Shares of NYSE CHH opened at $114.78 on Wednesday. Choice Hotels International, Inc. has a twelve month low of $84.04 and a twelve month high of $133.52. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 14.58. The stock has a fifty day simple moving average of $110.80 and a 200-day simple moving average of $108.16. The stock has a market capitalization of $5.22 billion, a PE ratio of 15.47, a PEG ratio of 4.49 and a beta of 0.67.

Choice Hotels International (NYSE:CHH) last posted its earnings results on Thursday, April 30th. The company reported $1.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.35 by ($0.28). The firm had revenue of $340.57 million for the quarter, compared to analyst estimates of $333.48 million. Choice Hotels International had a return on equity of 281.98% and a net margin of 21.55%.Choice Hotels International’s revenue was up 2.3% on a year-over-year basis. During the same period in the previous year, the company posted $1.34 EPS. Choice Hotels International has set its FY 2026 guidance at 6.920-7.140 EPS. On average, equities analysts forecast that Choice Hotels International, Inc. will post 7.14 earnings per share for the current year.

Choice Hotels International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.2875 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a $1.15 dividend on an annualized basis and a dividend yield of 1.0%. Choice Hotels International’s dividend payout ratio is currently 15.50%.

Insider Transactions at Choice Hotels International

In other news, CFO Scott E. Oaksmith sold 2,000 shares of the business’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $110.00, for a total transaction of $220,000.00. Following the completion of the transaction, the chief financial officer directly owned 35,172 shares of the company’s stock, valued at approximately $3,868,920. The trade was a 5.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 23.87% of the stock is owned by corporate insiders.

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.