China Lodging Group, Ltd (NASDAQ:HTHT) has been given an average recommendation of “Buy” by the seven research firms that are covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $97.00.

HTHT has been the topic of several recent analyst reports. BidaskClub raised China Lodging Group from a “hold” rating to a “buy” rating in a research report on Friday, December 22nd. Benchmark upped their price target on China Lodging Group from $128.00 to $142.00 and gave the company a “buy” rating in a research report on Wednesday, November 29th. Finally, Zacks Investment Research lowered China Lodging Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 17th.

A number of hedge funds have recently modified their holdings of HTHT. Wasatch Advisors Inc. acquired a new position in China Lodging Group in the 2nd quarter worth about $17,753,000. Principal Financial Group Inc. increased its position in China Lodging Group by 894.5% in the 3rd quarter. Principal Financial Group Inc. now owns 202,432 shares of the company’s stock worth $24,053,000 after purchasing an additional 182,077 shares during the last quarter. Macquarie Group Ltd. increased its position in China Lodging Group by 51.2% in the 3rd quarter. Macquarie Group Ltd. now owns 535,157 shares of the company’s stock worth $63,588,000 after purchasing an additional 181,279 shares during the last quarter. Goldman Sachs Group Inc. increased its position in China Lodging Group by 82.0% in the 2nd quarter. Goldman Sachs Group Inc. now owns 341,114 shares of the company’s stock worth $27,521,000 after purchasing an additional 153,646 shares during the last quarter. Finally, Alliancebernstein L.P. increased its position in China Lodging Group by 754.5% in the 2nd quarter. Alliancebernstein L.P. now owns 151,799 shares of the company’s stock worth $12,247,000 after purchasing an additional 134,034 shares during the last quarter. 37.18% of the stock is currently owned by institutional investors.

Shares of China Lodging Group (NASDAQ:HTHT) traded down $6.14 during midday trading on Friday, hitting $148.79. The stock had a trading volume of 606,400 shares, compared to its average volume of 953,967. China Lodging Group has a twelve month low of $47.72 and a twelve month high of $159.35. The stock has a market capitalization of $10,350.00, a P/E ratio of 61.23 and a beta of 1.52. 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 (NASDAQ:HTHT) last announced its earnings results on Tuesday, November 28th. The company reported $0.98 EPS for the quarter, beating the consensus estimate of $0.97 by $0.01. China Lodging Group had a return on equity of 19.55% and a net margin of 14.95%. The business had revenue of $2.37 billion during the quarter, compared to the consensus estimate of $2.36 billion. During the same period in the prior year, the business posted $4.28 earnings per share. China Lodging Group’s revenue was up 33.8% compared to the same quarter last year. research analysts anticipate that China Lodging Group will post 3.19 earnings per share for the current fiscal year.

The company also recently announced a special dividend, which was paid on Friday, December 22nd. Shareholders of record on Monday, December 4th were given a $0.64 dividend. The ex-dividend date of this dividend was Friday, December 1st.

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China Lodging Group 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 (NASDAQ:HTHT)

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