China Lodging Group, Limited (HTHT) Stake Lifted by Nationwide Fund Advisors

Nationwide Fund Advisors grew its holdings in China Lodging Group, Limited (NASDAQ:HTHT) by 3.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 34,130 shares of the company’s stock after purchasing an additional 1,010 shares during the quarter. Nationwide Fund Advisors’ holdings in China Lodging Group, Limited were worth $2,754,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in the company. Renaissance Technologies LLC lifted its stake in shares of China Lodging Group, Limited by 7.2% in the 1st quarter. Renaissance Technologies LLC now owns 764,791 shares of the company’s stock valued at $47,455,000 after purchasing an additional 51,091 shares during the period. FMR LLC lifted its stake in shares of China Lodging Group, Limited by 12.3% in the 1st quarter. FMR LLC now owns 745,500 shares of the company’s stock valued at $46,258,000 after purchasing an additional 81,900 shares during the period. Ariose Capital Management Ltd acquired a new position in shares of China Lodging Group, Limited in the 2nd quarter valued at about $58,485,000. Macquarie Group Ltd. lifted its stake in shares of China Lodging Group, Limited by 25.3% in the 1st quarter. Macquarie Group Ltd. now owns 514,937 shares of the company’s stock valued at $31,952,000 after purchasing an additional 104,037 shares during the period. Finally, Pictet Asset Management Ltd. lifted its stake in shares of China Lodging Group, Limited by 34.7% in the 2nd quarter. Pictet Asset Management Ltd. now owns 509,009 shares of the company’s stock valued at $38,889,000 after purchasing an additional 131,188 shares during the period. 38.04% of the stock is currently owned by institutional investors.

A number of research analysts have recently issued reports 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. Zacks Investment Research raised China Lodging Group, Limited from a “hold” rating to a “strong-buy” rating and set a $109.00 price objective on the stock in a research note on Wednesday, July 26th. Finally, Bank of America Corporation boosted their price objective on China Lodging Group, Limited from $104.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, August 18th. One research analyst has rated the stock with a hold rating, six have given a buy rating and two have given a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $81.71.

China Lodging Group, Limited (NASDAQ:HTHT) opened at 125.66 on Friday. The firm has a market capitalization of $8.77 billion, a P/E ratio of 61.45 and a beta of 1.61. China Lodging Group, Limited has a 1-year low of $41.69 and a 1-year high of $138.44. The company’s 50-day moving average price is $118.17 and its 200-day moving average price is $90.07.

China Lodging Group, Limited (NASDAQ:HTHT) last issued its quarterly earnings data on Thursday, August 17th. The company reported $0.80 EPS for the quarter, topping the Thomson Reuters’ 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 business had revenue of $1.99 billion during the quarter, compared to analyst estimates of $1.94 billion. During the same period last year, the business posted $4.67 earnings per share. China Lodging Group, Limited’s quarterly revenue was up 20.1% compared to the same quarter last year. Equities research analysts expect that China Lodging Group, Limited will post $2.80 earnings per share for the current fiscal year.

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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.

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

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