DekaBank Deutsche Girozentrale maintained its position in China Lodging Group, Limited (NASDAQ:HTHT) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,500 shares of the company’s stock at the end of the second quarter. DekaBank Deutsche Girozentrale’s holdings in China Lodging Group, Limited were worth $201,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in HTHT. Sanctuary Wealth Advisors LLC acquired a new position in China Lodging Group, Limited during the second quarter worth approximately $3,549,000. Pictet Asset Management Ltd. raised its position in China Lodging Group, Limited by 34.7% in the second quarter. Pictet Asset Management Ltd. now owns 509,009 shares of the company’s stock worth $38,889,000 after buying an additional 131,188 shares in the last quarter. Gateway Advisory LLC acquired a new position in China Lodging Group, Limited during the second quarter worth approximately $389,000. KEYWISE CAPITAL MANAGEMENT Ltd raised its position in China Lodging Group, Limited by 34.2% in the second quarter. KEYWISE CAPITAL MANAGEMENT Ltd now owns 34,900 shares of the company’s stock worth $2,816,000 after buying an additional 8,900 shares in the last quarter. Finally, Insight Capital Research & Management Inc. acquired a new position in China Lodging Group, Limited during the second quarter worth approximately $3,274,000. 38.05% of the stock is currently owned by institutional investors and hedge funds.

China Lodging Group, Limited (NASDAQ:HTHT) opened at 111.76 on Thursday. The company has a market capitalization of $7.80 billion, a price-to-earnings ratio of 55.88 and a beta of 1.71. China Lodging Group, Limited has a 12-month low of $41.69 and a 12-month high of $118.00. The firm has a 50-day moving average of $97.54 and a 200 day moving average of $75.81.

China Lodging Group, Limited (NASDAQ:HTHT) last posted its quarterly earnings results on Thursday, August 17th. The company reported $0.80 EPS for the quarter, topping the Zacks’ 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 company had revenue of $1.99 billion for the quarter, compared to analysts’ expectations of $1.94 billion. During the same period in the previous year, the firm earned $4.67 EPS. The firm’s revenue was up 20.1% compared to the same quarter last year. Analysts expect that China Lodging Group, Limited will post $2.77 EPS for the current fiscal year.

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A number of research firms recently commented on HTHT. Bank of America Corporation raised their price target on shares of China Lodging Group, Limited from $104.00 to $115.00 and gave the stock a “buy” rating in a research report on Friday, August 18th. Zacks Investment Research raised shares of China Lodging Group, Limited from a “hold” rating to a “strong-buy” rating and set a $109.00 price target on the stock in a research report on Wednesday, July 26th. BidaskClub raised shares of China Lodging Group, Limited from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, July 19th. Macquarie lowered shares of China Lodging Group, Limited from an “outperform” rating to a “neutral” rating and raised their price target for the stock from $66.00 to $72.00 in a research report on Thursday, May 11th. They noted that the move was a valuation call. Finally, J P Morgan Chase & Co reaffirmed an “overweight” rating and set a $90.00 price target (up from $78.00) on shares of China Lodging Group, Limited in a research report on Wednesday, May 10th. One analyst has rated the stock with a hold rating, six have issued a buy rating and two have assigned a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $81.71.

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.

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

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