China Lodging Group, Limited (HTHT) Position Raised by GRATRY & Co LLC

GRATRY & Co LLC increased its holdings in shares of China Lodging Group, Limited (NASDAQ:HTHT) by 1.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,079 shares of the company’s stock after purchasing an additional 50 shares during the period. GRATRY & Co LLC’s holdings in China Lodging Group, Limited were worth $410,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in HTHT. First Trust Advisors LP grew its stake in China Lodging Group, Limited by 37.3% during the first quarter. First Trust Advisors LP now owns 25,230 shares of the company’s stock worth $1,566,000 after purchasing an additional 6,855 shares during the period. US Bancorp DE grew its stake in China Lodging Group, Limited by 12.5% during the first quarter. US Bancorp DE now owns 2,480 shares of the company’s stock worth $154,000 after purchasing an additional 275 shares during the period. Bank of New York Mellon Corp grew its stake in China Lodging Group, Limited by 4.2% during the first quarter. Bank of New York Mellon Corp now owns 237,810 shares of the company’s stock worth $14,757,000 after purchasing an additional 9,505 shares during the period. Karp Capital Management Corp acquired a new stake in China Lodging Group, Limited during the first quarter worth approximately $484,000. Finally, Parametric Portfolio Associates LLC grew its stake in China Lodging Group, Limited by 0.9% during the first quarter. Parametric Portfolio Associates LLC now owns 12,542 shares of the company’s stock worth $778,000 after purchasing an additional 117 shares during the period. 38.04% of the stock is owned by institutional investors and hedge funds.

Several equities research analysts recently commented on HTHT shares. BidaskClub raised China Lodging Group, Limited from a “buy” rating to a “strong-buy” rating in a research note on Thursday, June 29th. Bank of America Corporation raised their target price on China Lodging Group, Limited from $104.00 to $115.00 and gave the stock a “buy” rating in a research note on Friday, August 18th. Finally, Zacks Investment Research raised China Lodging Group, Limited from a “hold” rating to a “strong-buy” rating and set a $109.00 target price for the company in a research note on Wednesday, July 26th. One equities research analyst has rated the stock with a hold rating, six have given a buy rating and two have issued a strong buy rating to the stock. China Lodging Group, Limited has a consensus rating of “Buy” and an average target price of $81.71.

China Lodging Group, Limited (NASDAQ:HTHT) traded up 3.46% during midday trading on Friday, reaching $130.01. The company had a trading volume of 182,916 shares. The company has a 50-day moving average price of $118.17 and a 200-day moving average price of $90.07. The stock has a market capitalization of $9.07 billion, a price-to-earnings ratio of 63.57 and a beta of 1.61. China Lodging Group, Limited has a one year low of $41.69 and a one year high of $138.44.

China Lodging Group, Limited (NASDAQ:HTHT) last posted its earnings results on Thursday, August 17th. The company reported $0.80 earnings per share for the quarter, topping analysts’ consensus estimates of $0.60 by $0.20. China Lodging Group, Limited had a return on equity of 17.26% and a net margin of 13.69%. The firm had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $1.94 billion. During the same quarter in the prior year, the business earned $4.67 EPS. The business’s revenue for the quarter was up 20.1% on a year-over-year basis. On average, equities analysts expect that China Lodging Group, Limited will post $2.80 earnings per share for the current year.

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

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