Truist Financial Corp Has $2.43 Million Stock Holdings in Choice Hotels International, Inc. $CHH

Truist Financial Corp decreased its stake in Choice Hotels International, Inc. (NYSE:CHH) by 32.9% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 25,516 shares of the company’s stock after selling 12,506 shares during the period. Truist Financial Corp’s holdings in Choice Hotels International were worth $2,431,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Teza Capital Management LLC increased its stake in shares of Choice Hotels International by 5.0% in the second quarter. Teza Capital Management LLC now owns 2,051 shares of the company’s stock valued at $260,000 after buying an additional 98 shares during the period. Treasurer of the State of North Carolina increased its stake in shares of Choice Hotels International by 0.9% in the second quarter. Treasurer of the State of North Carolina now owns 12,626 shares of the company’s stock valued at $1,602,000 after buying an additional 112 shares during the period. Fifth Third Bancorp increased its stake in shares of Choice Hotels International by 77.4% in the fourth quarter. Fifth Third Bancorp now owns 392 shares of the company’s stock valued at $37,000 after buying an additional 171 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH increased its stake in shares of Choice Hotels International by 1.9% in the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 10,931 shares of the company’s stock valued at $1,041,000 after buying an additional 208 shares during the period. Finally, CWM LLC increased its stake in shares of Choice Hotels International by 6.6% in the fourth quarter. CWM LLC now owns 3,544 shares of the company’s stock valued at $338,000 after buying an additional 220 shares during the period. Institutional investors and hedge funds own 65.57% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on CHH. Barclays decreased their price target on Choice Hotels International from $112.00 to $100.00 and set an “underweight” rating for the company in a research note on Thursday, April 30th. The Goldman Sachs Group increased their price target on Choice Hotels International from $90.00 to $100.00 and gave the company a “neutral” rating in a research note on Tuesday, February 3rd. Robert W. Baird set a $128.00 price target on Choice Hotels International in a research note on Monday. Wells Fargo & Company upped their target price on Choice Hotels International from $91.00 to $110.00 and gave the company an “underweight” rating in a research report on Friday, February 20th. Finally, Deutsche Bank Aktiengesellschaft set a $114.00 target price on Choice Hotels International in a research report on Monday, May 4th. Two equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average target price of $111.75.

Choice Hotels International Stock Up 1.2%

Shares of Choice Hotels International stock opened at $105.49 on Wednesday. Choice Hotels International, Inc. has a one year low of $84.04 and a one year high of $136.45. The company has a debt-to-equity ratio of 14.58, a current ratio of 0.95 and a quick ratio of 0.95. The stock’s 50-day moving average is $106.53 and its 200 day moving average is $101.67. The firm has a market cap of $4.80 billion, a price-to-earnings ratio of 14.22, a PEG ratio of 1.91 and a beta of 0.65.

Choice Hotels International (NYSE:CHH) last announced its earnings results on Thursday, April 30th. The company reported $1.07 EPS for the quarter, missing the consensus estimate of $1.35 by ($0.28). Choice Hotels International had a net margin of 21.55% and a return on equity of 281.98%. The business had revenue of $340.58 million for the quarter, compared to the consensus estimate of $333.48 million. During the same quarter in the previous year, the company earned $1.34 EPS. The firm’s revenue for the quarter was up 2.3% on a year-over-year basis. Choice Hotels International has set its FY 2026 guidance at 6.920-7.140 EPS. Equities research analysts anticipate that Choice Hotels International, Inc. will post 7.14 EPS for the current year.

Choice Hotels International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 1st were issued a $0.2875 dividend. The ex-dividend date was Wednesday, April 1st. This represents a $1.15 annualized dividend and a yield of 1.1%. Choice Hotels International’s dividend payout ratio is presently 15.50%.

Insider Transactions at Choice Hotels International

In other Choice Hotels International news, CFO Scott E. Oaksmith sold 1,603 shares of the stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $100.00, for a total value of $160,300.00. Following the transaction, the chief financial officer owned 37,172 shares in the company, valued at approximately $3,717,200. This represents a 4.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 24.02% 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.