BidaskClub Upgrades China Lodging Group (HTHT) to Sell

China Lodging Group (NASDAQ:HTHT) was upgraded by equities researchers at BidaskClub from a “strong sell” rating to a “sell” rating in a research report issued to clients and investors on Thursday.

Several other brokerages also recently commented on HTHT. Benchmark upped their price objective on shares of China Lodging Group from $128.00 to $142.00 and gave the company a “buy” rating in a research note on Wednesday, November 29th. 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. Finally, Bank of America upped their price objective on shares of China Lodging Group from $104.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, August 18th. One analyst has rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $99.00.

China Lodging Group (NASDAQ HTHT) traded up $4.41 during midday trading on Thursday, reaching $123.44. 1,073,388 shares of the company’s stock traded hands, compared to its average volume of 595,479. The company has a current ratio of 1.41, a quick ratio of 1.40 and a debt-to-equity ratio of 0.57. China Lodging Group has a twelve month low of $45.61 and a twelve month high of $142.80. The stock has a market capitalization of $8,231.76, a price-to-earnings ratio of 51.09 and a beta of 1.53.

China Lodging Group (NASDAQ:HTHT) last posted its quarterly earnings results on Tuesday, November 28th. The company reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.01. The business had revenue of $2.37 billion during 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 company’s revenue was up 33.8% on a year-over-year basis. During the same period in the prior year, the business posted $4.28 earnings per share. equities analysts expect that China Lodging Group will post 3.19 earnings per share for the current year.

Hedge funds have recently added to or reduced their stakes in the stock. GSA Capital Partners LLP increased its stake in shares of China Lodging Group by 721.1% during the third quarter. GSA Capital Partners LLP now owns 36,130 shares of the company’s stock valued at $4,293,000 after purchasing an additional 31,730 shares in the last quarter. Central Asset Investments & Management Holdings HK Ltd bought a new position in shares of China Lodging Group during the third quarter valued at approximately $3,422,000. Fieldpoint Private Securities LLC bought a new position in shares of China Lodging Group during the third quarter valued at approximately $115,000. Cubist Systematic Strategies LLC increased its stake in shares of China Lodging Group by 520.8% during the third quarter. Cubist Systematic Strategies LLC now owns 6,910 shares of the company’s stock valued at $821,000 after purchasing an additional 5,797 shares in the last quarter. Finally, Jane Street Group LLC bought a new position in shares of China Lodging Group during the third quarter valued at approximately $1,201,000. 37.18% of the stock is owned by institutional investors.

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China Lodging Group 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.

Analyst Recommendations for China Lodging Group (NASDAQ:HTHT)

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