Huazhu Group (HTHT) Trading Down 7.9%

Huazhu Group Ltd (NASDAQ:HTHT)’s share price traded down 7.9% on Thursday . The company traded as low as $26.87 and last traded at $27.04. 1,398,526 shares were traded during mid-day trading, a decline of 32% from the average session volume of 2,047,948 shares. The stock had previously closed at $29.37.

A number of equities analysts have recently weighed in on the company. Zacks Investment Research upgraded Huazhu Group from a “sell” rating to a “hold” rating in a research note on Thursday, August 30th. Daiwa Capital Markets upgraded Huazhu Group from a “neutral” rating to a “buy” rating in a research note on Wednesday, August 8th. BidaskClub downgraded Huazhu Group from a “hold” rating to a “sell” rating in a research note on Thursday, July 26th. ValuEngine downgraded Huazhu Group from a “buy” rating to a “hold” rating in a research note on Tuesday, September 11th. Finally, Goldman Sachs Group upgraded Huazhu Group from a “neutral” rating to a “buy” rating in a research note on Monday, September 24th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $43.54.

The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.45 and a current ratio of 1.45. The firm has a market capitalization of $8.56 billion, a P/E ratio of 39.77 and a beta of 1.75.

Huazhu Group (NASDAQ:HTHT) last posted its quarterly earnings results on Thursday, August 23rd. The company reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.10. The company had revenue of $381.03 million for the quarter. Huazhu Group had a net margin of 12.58% and a return on equity of 23.00%. On average, equities analysts predict that Huazhu Group Ltd will post 0.8 earnings per share for the current year.

Large investors have recently bought and sold shares of the stock. AMP Capital Investors Ltd bought a new stake in Huazhu Group during the 2nd quarter valued at $780,000. GMT Capital Corp raised its holdings in Huazhu Group by 180.4% during the 2nd quarter. GMT Capital Corp now owns 488,276 shares of the company’s stock valued at $20,503,000 after acquiring an additional 314,157 shares during the period. Legal & General Group Plc raised its holdings in Huazhu Group by 1,066.1% during the 2nd quarter. Legal & General Group Plc now owns 554,469 shares of the company’s stock valued at $23,283,000 after acquiring an additional 506,920 shares during the period. Sei Investments Co. raised its holdings in Huazhu Group by 299.0% during the 2nd quarter. Sei Investments Co. now owns 267,007 shares of the company’s stock valued at $11,212,000 after acquiring an additional 200,084 shares during the period. Finally, NumerixS Investment Technologies Inc raised its holdings in Huazhu Group by 204.7% during the 2nd quarter. NumerixS Investment Technologies Inc now owns 13,100 shares of the company’s stock valued at $552,000 after acquiring an additional 8,800 shares during the period. 36.83% of the stock is currently owned by institutional investors.

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Huazhu Group Company Profile (NASDAQ:HTHT)

Huazhu Group Limited, together with its subsidiaries, develops and operates leased and owned, manachised, and franchised hotels primarily in the People's Republic of China. The company operates hotels under the Hi Inn, HanTing Hotel, Elan Hotel, Orange Hotel, HanTing Premium, Starway Hotel, JI Hotel, Orange Hotel Select, Manxin Hotel, Crystal Orange Hotel, Joya Hotel, Grand Mercure, Novotel, Mercure, Ibis Styles, and Ibis brand names for business and leisure travelers.

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