BidaskClub upgraded shares of Huazhu Group (NASDAQ:HTHT) from a buy rating to a strong-buy rating in a report published on Wednesday.

HTHT has been the subject of a number of other reports. Zacks Investment Research downgraded Huazhu Group from a buy rating to a hold rating in a research report on Friday, January 18th. ValuEngine upgraded Huazhu Group from a hold rating to a buy rating in a research report on Wednesday, November 21st. Citigroup started coverage on Huazhu Group in a research report on Tuesday, December 11th. They issued a buy rating and a $45.00 price target for the company. CLSA started coverage on Huazhu Group in a research report on Tuesday, January 22nd. They issued a buy rating for the company. Finally, Morgan Stanley downgraded Huazhu Group from an equal weight rating to an underweight rating in a research report on Sunday. Two analysts have rated the stock with a sell rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company. The company has an average rating of Buy and a consensus target price of $43.36.

Shares of HTHT opened at $39.30 on Wednesday. The firm has a market capitalization of $11.88 billion, a P/E ratio of 109.17, a P/E/G ratio of 1.76 and a beta of 1.56. Huazhu Group has a 52-week low of $24.90 and a 52-week high of $49.60. The company has a quick ratio of 1.33, a current ratio of 1.17 and a debt-to-equity ratio of 1.39.

Huazhu Group (NASDAQ:HTHT) last issued its quarterly earnings results on Thursday, March 14th. The company reported ($0.22) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.20) by ($0.02). The company had revenue of $2.68 billion during the quarter, compared to the consensus estimate of $2.60 billion. Huazhu Group had a return on equity of 15.82% and a net margin of 7.16%. During the same quarter in the prior year, the business earned $3.55 earnings per share. On average, sell-side analysts anticipate that Huazhu Group will post 1.11 earnings per share for the current fiscal year.

Several large investors have recently added to or reduced their stakes in HTHT. Rehmann Capital Advisory Group lifted its position in shares of Huazhu Group by 533.8% during the fourth quarter. Rehmann Capital Advisory Group now owns 976 shares of the company’s stock worth $28,000 after purchasing an additional 822 shares during the last quarter. Cornerstone Advisors Inc. lifted its position in shares of Huazhu Group by 50.2% during the fourth quarter. Cornerstone Advisors Inc. now owns 1,538 shares of the company’s stock worth $44,000 after purchasing an additional 514 shares during the last quarter. Quadrant Capital Group LLC bought a new stake in shares of Huazhu Group during the fourth quarter worth $63,000. IFP Advisors Inc lifted its position in shares of Huazhu Group by 10.9% during the fourth quarter. IFP Advisors Inc now owns 3,302 shares of the company’s stock worth $100,000 after purchasing an additional 324 shares during the last quarter. Finally, NumerixS Investment Technologies Inc bought a new stake in shares of Huazhu Group during the fourth quarter worth $103,000. Institutional investors and hedge funds own 43.62% of the company’s stock.

About Huazhu Group

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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Analyst Recommendations for Huazhu Group (NASDAQ:HTHT)

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