Choice Hotels (CHH)

• Market cap: $5.88B
• 1 day: -0.57%
• 5 days: 1.46%
• 1 month: -5.02%
• 3 months: -14.59%
• 6 months: -10.11%
• Year to date: -10.98%
• 1 year: 6.64%
• 5 years: 68.03%
• 10 years: 110.64%
• Sector: Consumer Discretionary
• Industry: Lodging

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

945% more call options, than puts

Call options by funds: $4.6M | Put options by funds: $440K

103% more first-time investments, than exits

New positions opened: 59 | Existing positions closed: 29

7% more funds holding

Funds holding: 326 [Q3] → 350 (+24) [Q4]

5% more capital invested

Capital invested by funds: $4.16B [Q3] → $4.37B (+$205M) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]

0.98% less ownership

Funds ownership: 66.58% [Q3] → 65.6% (-0.98%) [Q4]

34% less repeat investments, than reductions

Existing positions increased: 94 | Existing positions reduced: 142

Research analyst outlook

10 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $111 12% downside
• Avg. target: $136 8% upside
• High target: $160 27% upside

10 analyst ratings

• positive: 2 20%
• neutral: 4 40%
• negative: 4 40%

Barclays Anthony Powell 42% 1-year accuracy 8 / 19 met price target	12% downside $111	Underweight Maintained	22 Apr 2025
Morgan Stanley Stephen Grambling 45% 1-year accuracy 15 / 33 met price target	9% downside $115	Underweight Maintained	22 Apr 2025
Goldman Sachs Lizzie Dove 43% 1-year accuracy 13 / 30 met price target	9% upside $138	Buy Upgraded	14 Apr 2025
Jefferies David Katz 25% 1-year accuracy 7 / 28 met price target	5% upside $133	Hold Maintained	9 Apr 2025
Redburn Atlantic Alex Brignail 0% 1-year accuracy 0 / 1 met price target	5% upside $132	Neutral Upgraded	24 Mar 2025