Shares of China Lodging Group, Limited (NASDAQ:HTHT) have been assigned a consensus rating of “Buy” from the eight research firms that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $97.00.

A number of brokerages have issued reports on HTHT. Bank of America increased their price objective on shares of China Lodging Group from $104.00 to $115.00 and gave the company a “buy” rating in a report on Friday, August 18th. Zacks Investment Research lowered shares of China Lodging Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 17th. Benchmark raised their target price on shares of China Lodging Group from $128.00 to $142.00 and gave the company a “buy” rating in a report on Wednesday, November 29th. Finally, BidaskClub raised shares of China Lodging Group from a “strong sell” rating to a “sell” rating in a report on Thursday.

Shares of China Lodging Group (HTHT) traded up $4.41 on Monday, reaching $123.44. 1,072,900 shares of the company’s stock were exchanged, compared to its average volume of 298,055. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.40 and a current ratio of 1.41. China Lodging Group has a twelve month low of $45.61 and a twelve month high of $142.80. The stock has a market cap of $8,536.74, a price-to-earnings ratio of 52.98 and a beta of 1.53.

China Lodging Group (NASDAQ:HTHT) last announced its quarterly earnings data on Tuesday, November 28th. The company reported $0.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.97 by $0.01. China Lodging Group had a net margin of 14.95% and a return on equity of 19.55%. The business had revenue of $2.37 billion during the quarter, compared to analyst estimates of $2.36 billion. During the same period last year, the firm posted $4.28 EPS. The company’s revenue was up 33.8% on a year-over-year basis. equities research analysts expect that China Lodging Group will post 3.19 EPS for the current year.

The firm also recently announced a special dividend, which will be paid on Friday, December 22nd. Investors of record on Monday, December 4th will be issued a $0.64 dividend. The ex-dividend date is Friday, December 1st.

Several hedge funds have recently bought and sold shares of the stock. GSA Capital Partners LLP grew its holdings in shares of China Lodging Group by 721.1% in the third quarter. GSA Capital Partners LLP now owns 36,130 shares of the company’s stock valued at $4,293,000 after purchasing an additional 31,730 shares in the last quarter. Central Asset Investments & Management Holdings HK Ltd purchased a new position in shares of China Lodging Group in the third quarter valued at $3,422,000. Fieldpoint Private Securities LLC purchased a new position in China Lodging Group during the third quarter worth $115,000. Cubist Systematic Strategies LLC boosted its stake in China Lodging Group by 520.8% during the third quarter. Cubist Systematic Strategies LLC now owns 6,910 shares of the company’s stock worth $821,000 after buying an additional 5,797 shares during the period. Finally, Jane Street Group LLC purchased a new position in China Lodging Group during the third quarter worth $1,201,000. 37.18% of the stock is owned by hedge funds and other institutional investors.

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About China Lodging Group

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 (NASDAQ:HTHT)

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