China Lodging Group, Limited (HTHT) Stake Boosted by Goldman Sachs Group Inc.

Goldman Sachs Group Inc. increased its position in China Lodging Group, Limited (NASDAQ:HTHT) by 15.8% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 187,468 shares of the company’s stock after buying an additional 25,582 shares during the period. Goldman Sachs Group Inc. owned approximately 0.27% of China Lodging Group, Limited worth $11,633,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of HTHT. US Bancorp DE boosted its position in China Lodging Group, Limited by 12.5% in the first quarter. US Bancorp DE now owns 2,480 shares of the company’s stock worth $154,000 after buying an additional 275 shares during the period. Comerica Bank bought a new position in China Lodging Group, Limited during the fourth quarter worth $204,000. Atria Investments LLC boosted its position in China Lodging Group, Limited by 2.8% in the first quarter. Atria Investments LLC now owns 4,168 shares of the company’s stock worth $259,000 after buying an additional 112 shares during the period. World Asset Management Inc boosted its position in China Lodging Group, Limited by 2.4% in the first quarter. World Asset Management Inc now owns 4,299 shares of the company’s stock worth $267,000 after buying an additional 101 shares during the period. Finally, Oppenheimer Asset Management Inc. bought a new position in China Lodging Group, Limited during the first quarter worth $298,000. 44.69% of the stock is currently owned by institutional investors and hedge funds.

Shares of China Lodging Group, Limited (HTHT) opened at 88.24 on Tuesday. The firm has a market capitalization of $6.14 billion, a PE ratio of 48.40 and a beta of 1.66. The firm’s 50 day moving average is $79.19 and its 200 day moving average is $63.14. China Lodging Group, Limited has a 1-year low of $36.96 and a 1-year high of $89.50.

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A number of equities research analysts recently commented on the stock. BidaskClub cut shares of China Lodging Group, Limited from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, July 5th. Zacks Investment Research cut shares of China Lodging Group, Limited from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 5th. J P Morgan Chase & Co reissued an “overweight” rating and issued a $90.00 price objective (up from $78.00) on shares of China Lodging Group, Limited in a research note on Wednesday, May 10th. Macquarie cut shares of China Lodging Group, Limited from an “outperform” rating to a “neutral” rating and increased their price objective for the company from $66.00 to $72.00 in a research note on Thursday, May 11th. They noted that the move was a valuation call. Finally, Benchmark Co. assumed coverage on shares of China Lodging Group, Limited in a research note on Tuesday, April 18th. They issued a “buy” rating and a $68.00 price objective on the stock. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $66.71.

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.

Institutional Ownership by Quarter for China Lodging Group, Limited (NASDAQ:HTHT)

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