EAM Investors LLC reduced its holdings in shares of China Lodging Group, Limited (NASDAQ:HTHT) by 20.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,829 shares of the company’s stock after selling 4,532 shares during the period. EAM Investors LLC’s holdings in China Lodging Group, Limited were worth $1,438,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Gateway Advisory LLC acquired a new position in China Lodging Group, Limited during the 2nd quarter valued at about $389,000. American Century Companies Inc. increased its position in China Lodging Group, Limited by 11.2% during the 2nd quarter. American Century Companies Inc. now owns 357,274 shares of the company’s stock valued at $28,825,000 after buying an additional 35,941 shares in the last quarter. Goldman Sachs Group Inc. increased its position in China Lodging Group, Limited by 15.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 187,468 shares of the company’s stock valued at $11,633,000 after buying an additional 25,582 shares in the last quarter. Geode Capital Management LLC increased its position in China Lodging Group, Limited by 27.3% during the 1st quarter. Geode Capital Management LLC now owns 23,887 shares of the company’s stock valued at $1,481,000 after buying an additional 5,121 shares in the last quarter. Finally, Comerica Bank increased its position in China Lodging Group, Limited by 647.8% during the 2nd quarter. Comerica Bank now owns 29,606 shares of the company’s stock valued at $2,812,000 after buying an additional 25,647 shares in the last quarter. 38.04% of the stock is currently owned by institutional investors.

HTHT has been the topic of several recent analyst reports. BidaskClub lowered China Lodging Group, Limited from a “strong-buy” rating to a “buy” rating in a research report on Friday, June 16th. Zacks Investment Research lowered China Lodging Group, Limited from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 5th. Finally, Bank of America Corporation upped their target price on China Lodging Group, Limited from $104.00 to $115.00 and gave the company a “buy” rating in a research report on Friday, August 18th. One investment analyst has rated the stock with a hold rating, six have assigned a buy rating and two have issued a strong buy rating to the company’s stock. China Lodging Group, Limited presently has a consensus rating of “Buy” and an average price target of $81.71.

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China Lodging Group, Limited (NASDAQ:HTHT) opened at 123.34 on Thursday. China Lodging Group, Limited has a one year low of $41.69 and a one year high of $126.29. The stock has a 50 day moving average price of $108.72 and a 200-day moving average price of $82.66. The firm has a market capitalization of $8.61 billion, a price-to-earnings ratio of 60.31 and a beta of 1.65.

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, beating the Thomson Reuters’ consensus estimate 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 business had revenue of $1.99 billion during the quarter, compared to the consensus estimate of $1.94 billion. During the same period in the previous year, the business earned $4.67 EPS. The business’s quarterly revenue was up 20.1% on a year-over-year basis. On average, analysts predict that China Lodging Group, Limited will post $2.82 earnings per share for the current fiscal year.

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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