China Lodging Group, Limited (NASDAQ:HTHT) had its price target lifted by stock analysts at Bank of America Corporation from $104.00 to $115.00 in a report issued on Friday. The brokerage currently has a “buy” rating on the stock. Bank of America Corporation’s price target points to a potential upside of 5.71% from the stock’s current price.

Several other research firms have also weighed in on HTHT. BidaskClub lowered shares of China Lodging Group, Limited from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, July 5th. Zacks Investment Research lowered shares of China Lodging Group, Limited from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 5th. Macquarie lowered shares of China Lodging Group, Limited from an “outperform” rating to a “neutral” rating and lifted 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 set 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. One research analyst has rated the stock with a hold rating, six have given a buy rating and two have assigned a strong buy rating to the company. China Lodging Group, Limited presently has a consensus rating of “Buy” and an average price target of $81.71.

Shares of China Lodging Group, Limited (NASDAQ HTHT) traded down 0.55% during midday trading on Friday, hitting $108.79. 369,731 shares of the company traded hands. China Lodging Group, Limited has a 12-month low of $41.69 and a 12-month high of $110.76. The stock’s 50-day moving average is $92.45 and its 200 day moving average is $73.37. The stock has a market capitalization of $7.57 billion, a P/E ratio of 59.03 and a beta of 1.71.

China Lodging Group, Limited (NASDAQ:HTHT) last released its quarterly earnings data on Thursday, August 17th. The company reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.20. China Lodging Group, Limited had a net margin of 13.29% and a return on equity of 16.80%. The business had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.94 billion. During the same quarter last year, the firm earned $4.67 EPS. China Lodging Group, Limited’s quarterly revenue was up 20.1% compared to the same quarter last year. On average, analysts expect that China Lodging Group, Limited will post $2.50 earnings per share for the current year.

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A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. GRATRY & Co LLC raised its position in shares of China Lodging Group, Limited by 1.0% in the second quarter. GRATRY & Co LLC now owns 5,079 shares of the company’s stock worth $410,000 after buying an additional 50 shares during the last quarter. World Asset Management Inc raised its position in shares of China Lodging Group, Limited by 2.4% in the first quarter. World Asset Management Inc now owns 4,299 shares of the company’s stock worth $267,000 after buying an additional 101 shares during the last quarter. Atria Investments LLC raised its position 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 worth $259,000 after buying an additional 112 shares during the last quarter. Parametric Portfolio Associates LLC raised its position in shares of China Lodging Group, Limited by 0.9% in the first quarter. Parametric Portfolio Associates LLC now owns 12,542 shares of the company’s stock worth $778,000 after buying an additional 117 shares during the last quarter. Finally, US Bancorp DE raised its position 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 worth $154,000 after buying an additional 275 shares during the last quarter. 45.56% of the stock is currently owned by hedge funds and other institutional investors.

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.

Analyst Recommendations for China Lodging Group, Limited (NASDAQ:HTHT)

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