China Lodging Group, Limited (HTHT) Stock Rating Lowered by Zacks Investment Research

China Lodging Group, Limited (NASDAQ:HTHT) was downgraded by Zacks Investment Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday.

According to Zacks, “China Lodging Group, Limited is an economy hotel chain operator in China. The Company offers hotel products under three brands that are designed to target distinct groups of customers. The three brands are HanTing Seasons Hotel, HanTing Express Hotel, and HanTing Hi Inn. China Lodging Group, Limited is headquartered in Shanghai, the People’s Republic of China. “

Other analysts also recently issued reports about the stock. BidaskClub downgraded shares of China Lodging Group, Limited from a “strong-buy” rating to a “buy” rating in a report on Wednesday, July 5th. Bank of America Corporation increased their price target on shares of China Lodging Group, Limited from $104.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, August 18th. Two equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $81.71.

Shares of China Lodging Group, Limited (HTHT) traded down 1.62% during mid-day trading on Tuesday, hitting $132.73. 491,365 shares of the stock traded hands. China Lodging Group, Limited has a 12 month low of $41.69 and a 12 month high of $138.44. The firm has a 50 day moving average of $118.85 and a 200 day moving average of $90.94. The stock has a market cap of $9.26 billion, a price-to-earnings ratio of 64.90 and a beta of 1.61.

China Lodging Group, Limited (NASDAQ:HTHT) last announced its quarterly earnings results on Thursday, August 17th. The company reported $0.80 earnings per share (EPS) for the quarter, topping the Zacks’ 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 firm had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $1.94 billion. During the same period in the prior year, the firm posted $4.67 earnings per share. The firm’s quarterly revenue was up 20.1% compared to the same quarter last year. On average, equities analysts expect that China Lodging Group, Limited will post $2.79 EPS for the current fiscal year.

ILLEGAL ACTIVITY WARNING: This story was posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this story on another publication, it was illegally stolen and reposted in violation of US and international trademark and copyright law. The legal version of this story can be read at https://ledgergazette.com/2017/10/18/china-lodging-group-limited-htht-stock-rating-lowered-by-zacks-investment-research.html.

Institutional investors have recently made changes to their positions in the company. Advisor Group Inc. increased its holdings in shares of China Lodging Group, Limited by 216.6% in the 2nd quarter. Advisor Group Inc. now owns 1,298 shares of the company’s stock valued at $101,000 after acquiring an additional 888 shares during the period. US Bancorp DE increased its stake in China Lodging Group, Limited by 12.5% in the 1st quarter. US Bancorp DE now owns 2,480 shares of the company’s stock valued at $154,000 after buying an additional 275 shares during the period. Evanston Investments Inc. dba Evanston Advisors acquired a new position in China Lodging Group, Limited in the 2nd quarter valued at $218,000. Profund Advisors LLC acquired a new position in China Lodging Group, Limited in the 2nd quarter valued at $257,000. Finally, Oppenheimer Asset Management Inc. acquired a new position in China Lodging Group, Limited in the 1st quarter valued at $298,000. 38.04% of the stock is currently owned by institutional investors and hedge funds.

About China Lodging Group, Limited

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.

According to Zacks, “China Lodging Group, Limited is an economy hotel chain operator in China. The Company offers hotel products under three brands that are designed to target distinct groups of customers. The three brands are HanTing Seasons Hotel, HanTing Express Hotel, and HanTing Hi Inn. China Lodging Group, Limited is headquartered in Shanghai, the People’s Republic of China. “

Other analysts also recently issued reports about the stock. BidaskClub downgraded shares of China Lodging Group, Limited from a “strong-buy” rating to a “buy” rating in a report on Wednesday, July 5th. Bank of America Corporation increased their price target on shares of China Lodging Group, Limited from $104.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, August 18th. Two equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $81.71.

Shares of China Lodging Group, Limited (HTHT) traded down 1.62% during mid-day trading on Tuesday, hitting $132.73. 491,365 shares of the stock traded hands. China Lodging Group, Limited has a 12 month low of $41.69 and a 12 month high of $138.44. The firm has a 50 day moving average of $118.85 and a 200 day moving average of $90.94. The stock has a market cap of $9.26 billion, a price-to-earnings ratio of 64.90 and a beta of 1.61.

China Lodging Group, Limited (NASDAQ:HTHT) last announced its quarterly earnings results on Thursday, August 17th. The company reported $0.80 earnings per share (EPS) for the quarter, topping the Zacks’ 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 firm had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $1.94 billion. During the same period in the prior year, the firm posted $4.67 earnings per share. The firm’s quarterly revenue was up 20.1% compared to the same quarter last year. On average, equities analysts expect that China Lodging Group, Limited will post $2.79 EPS for the current fiscal year.

ILLEGAL ACTIVITY WARNING: This story was posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this story on another publication, it was illegally stolen and reposted in violation of US and international trademark and copyright law. The legal version of this story can be read at https://ledgergazette.com/2017/10/18/china-lodging-group-limited-htht-stock-rating-lowered-by-zacks-investment-research.html.

Institutional investors have recently made changes to their positions in the company. Advisor Group Inc. increased its holdings in shares of China Lodging Group, Limited by 216.6% in the 2nd quarter. Advisor Group Inc. now owns 1,298 shares of the company’s stock valued at $101,000 after acquiring an additional 888 shares during the period. US Bancorp DE increased its stake in China Lodging Group, Limited by 12.5% in the 1st quarter. US Bancorp DE now owns 2,480 shares of the company’s stock valued at $154,000 after buying an additional 275 shares during the period. Evanston Investments Inc. dba Evanston Advisors acquired a new position in China Lodging Group, Limited in the 2nd quarter valued at $218,000. Profund Advisors LLC acquired a new position in China Lodging Group, Limited in the 2nd quarter valued at $257,000. Finally, Oppenheimer Asset Management Inc. acquired a new position in China Lodging Group, Limited in the 1st quarter valued at $298,000. 38.04% of the stock is currently owned by institutional investors and hedge funds.

About China Lodging Group, Limited

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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