China Lodging Group, Limited (NASDAQ:HTHT) declared a quarterly dividend on Monday, October 23rd, RTT News reports. Investors of record on Monday, December 4th will be paid a dividend of 0.64 per share on Friday, December 15th. This represents a $2.56 dividend on an annualized basis and a yield of 1.90%.

Shares of China Lodging Group, Limited (NASDAQ:HTHT) opened at 134.52 on Monday. China Lodging Group, Limited has a 1-year low of $41.69 and a 1-year high of $138.44. The firm’s 50 day moving average is $121.91 and its 200-day moving average is $93.05. The company has a market cap of $9.39 billion, a PE ratio of 65.78 and a beta of 1.61.

China Lodging Group, Limited (NASDAQ:HTHT) last posted its earnings results on Thursday, August 17th. The company reported $0.80 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.60 by $0.20. China Lodging Group, Limited had a net margin of 13.69% and a return on equity of 17.26%. The business had revenue of $1.99 billion for the quarter, compared to analysts’ expectations of $1.94 billion. During the same period in the prior year, the company posted $4.67 EPS. The business’s revenue for the quarter was up 20.1% compared to the same quarter last year. Equities analysts expect that China Lodging Group, Limited will post $2.81 earnings per share for the current year.

An institutional investor recently raised its position in China Lodging Group, Limited stock. State Street Corp grew its stake in shares of China Lodging Group, Limited (NASDAQ:HTHT) by 1.5% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 22,610 shares of the company’s stock after buying an additional 324 shares during the quarter. State Street Corp’s holdings in China Lodging Group, Limited were worth $1,824,000 at the end of the most recent quarter. Institutional investors and hedge funds own 38.04% of the company’s stock.

Several analysts have recently weighed in on the stock. Zacks Investment Research cut shares of China Lodging Group, Limited from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 17th. BidaskClub cut shares of China Lodging Group, Limited from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, July 5th. Finally, Bank of America Corporation raised their price objective on shares of China Lodging Group, Limited from $104.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, August 18th. Two research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Buy” and an average price target of $81.71.

TRADEMARK VIOLATION WARNING: This story was originally published by American Banking News and is the property of of American Banking News. If you are viewing this story on another domain, it was illegally stolen and republished in violation of US and international copyright and trademark legislation. The original version of this story can be read at https://www.americanbankingnews.com/2017/10/23/china-lodging-group-limited-to-issue-quarterly-dividend-of-0-64-htht.html.

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.

Receive News & Ratings for China Lodging Group Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for China Lodging Group Limited and related companies with MarketBeat.com's FREE daily email newsletter.