British Airways Pensions Investment Management Ltd lowered its position in China Lodging Group, Ltd (NASDAQ:HTHT) by 6.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 47,828 shares of the company’s stock after selling 3,325 shares during the period. British Airways Pensions Investment Management Ltd owned approximately 0.07% of China Lodging Group worth $6,909,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Advisor Group Inc. raised its stake in shares of China Lodging Group by 216.6% during the second quarter. Advisor Group Inc. now owns 1,298 shares of the company’s stock valued at $101,000 after acquiring an additional 888 shares in the last quarter. Fieldpoint Private Securities LLC bought a new position in China Lodging Group in the third quarter worth approximately $115,000. Cambridge Investment Research Advisors Inc. bought a new position in China Lodging Group in the third quarter worth approximately $219,000. Reliance Trust Co. of Delaware bought a new position in China Lodging Group in the third quarter worth approximately $225,000. Finally, Profund Advisors LLC bought a new position in China Lodging Group in the second quarter worth approximately $257,000. 36.79% of the stock is owned by institutional investors and hedge funds.
HTHT has been the subject of a number of recent research reports. BidaskClub raised shares of China Lodging Group from a “hold” rating to a “buy” rating in a research note on Friday, December 22nd. Benchmark boosted their price objective on shares of China Lodging Group from $128.00 to $142.00 and gave the stock a “buy” rating in a research note on Wednesday, November 29th. Finally, Zacks Investment Research downgraded shares of China Lodging Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 17th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $105.60.
China Lodging Group, Ltd (NASDAQ:HTHT) traded down $3.46 during midday trading on Wednesday, reaching $138.82. 357,500 shares of the company’s stock traded hands, compared to its average volume of 605,945. The company has a quick ratio of 1.40, a current ratio of 1.41 and a debt-to-equity ratio of 0.57. China Lodging Group, Ltd has a fifty-two week low of $53.12 and a fifty-two week high of $166.19. The stock has a market capitalization of $9,839.66, a price-to-earnings ratio of 61.80 and a beta of 1.48.
China Lodging Group (NASDAQ:HTHT) last released its quarterly earnings results on Tuesday, November 28th. The company reported $0.98 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.97 by $0.01. The business had revenue of $2.37 billion for the quarter, compared to analyst estimates of $2.36 billion. China Lodging Group had a net margin of 14.95% and a return on equity of 19.55%. The business’s revenue for the quarter was up 33.8% on a year-over-year basis. During the same period in the previous year, the company earned $4.28 earnings per share. analysts forecast that China Lodging Group, Ltd will post 3.32 EPS for the current year.
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China Lodging Group 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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