Shares of China Lodging Group, Limited (NASDAQ:HTHT) have been assigned an average rating of “Buy” from the nine research firms that are presently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $66.71.

HTHT has been the topic of several recent research reports. BidaskClub lowered China Lodging Group, Limited from a “strong-buy” rating to a “buy” rating in a report on Friday. Benchmark Co. initiated coverage on China Lodging Group, Limited in a research note on Tuesday, April 18th. They issued a “buy” rating and a $68.00 price target on the stock. Zacks Investment Research raised China Lodging Group, Limited from a “sell” rating to a “hold” rating in a research note on Wednesday, March 15th. Macquarie lowered China Lodging Group, Limited from an “outperform” rating to a “neutral” rating and boosted their price objective for the stock from $66.00 to $72.00 in a research note on Thursday, May 11th. They noted that the move was a valuation call. Finally, J P Morgan Chase & Co reissued an “overweight” rating and issued a $90.00 price objective (up previously from $78.00) on shares of China Lodging Group, Limited in a research note on Wednesday, May 10th.

China Lodging Group, Limited (NASDAQ HTHT) traded up 2.19% during trading on Monday, hitting $78.00. The stock had a trading volume of 51,262 shares. The company’s 50-day moving average is $76.79 and its 200 day moving average is $61.24. China Lodging Group, Limited has a 52 week low of $31.71 and a 52 week high of $88.08. The firm has a market cap of $5.43 billion, a PE ratio of 43.24 and a beta of 1.61.

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Several large investors have recently made changes to their positions in the company. US Bancorp DE increased its stake in shares of China Lodging Group, Limited by 12.5% in the first quarter. US Bancorp DE now owns 2,480 shares of the company’s stock valued at $154,000 after buying an additional 275 shares during the period. Comerica Bank acquired a new stake in shares of China Lodging Group, Limited during the fourth quarter valued at about $204,000. Ellington Management Group LLC acquired a new stake in shares of China Lodging Group, Limited during the fourth quarter valued at about $223,000. Castleark Management LLC increased its stake in shares of China Lodging Group, Limited by 99.6% in the fourth quarter. Castleark Management LLC now owns 4,910 shares of the company’s stock valued at $255,000 after buying an additional 2,450 shares during the period. Finally, Atria Investments LLC increased its stake in shares of China Lodging Group, Limited by 2.8% in the first quarter. Atria Investments LLC now owns 4,168 shares of the company’s stock valued at $259,000 after buying an additional 112 shares during the period. Institutional investors own 44.68% of the company’s stock.

China Lodging Group, Limited Company Profile

China Lodging Group, Limited is a holding company. The Company is a multi-brand hotel group in China with leased, manachised and franchised models. Under the lease model, the Company directly operates hotels located on leased properties. Under the manachise model, the Company manages manachised hotels through the on-site hotel managers the Company appoints and collects fees from franchisees.

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