American Century Companies Inc. boosted its position in China Lodging Group, Limited (NASDAQ:HTHT) by 11.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 357,274 shares of the company’s stock after buying an additional 35,941 shares during the period. American Century Companies Inc. owned about 0.51% of China Lodging Group, Limited worth $28,825,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. OppenheimerFunds Inc. increased its stake in China Lodging Group, Limited by 6.1% in the first quarter. OppenheimerFunds Inc. now owns 6,364,365 shares of the company’s stock worth $394,909,000 after buying an additional 366,699 shares in the last quarter. William Blair Investment Management LLC increased its stake in China Lodging Group, Limited by 10.2% in the first quarter. William Blair Investment Management LLC now owns 905,083 shares of the company’s stock worth $56,160,000 after buying an additional 83,572 shares in the last quarter. Renaissance Technologies LLC increased its stake in China Lodging Group, Limited by 7.2% in the first quarter. Renaissance Technologies LLC now owns 764,791 shares of the company’s stock worth $47,455,000 after buying an additional 51,091 shares in the last quarter. FMR LLC increased its stake in China Lodging Group, Limited by 12.3% in the first quarter. FMR LLC now owns 745,500 shares of the company’s stock worth $46,258,000 after buying an additional 81,900 shares in the last quarter. Finally, Macquarie Group Ltd. increased its stake in China Lodging Group, Limited by 25.3% in the first quarter. Macquarie Group Ltd. now owns 514,937 shares of the company’s stock worth $31,952,000 after buying an additional 104,037 shares in the last quarter. Institutional investors own 38.05% of the company’s stock.

Shares of China Lodging Group, Limited (NASDAQ HTHT) opened at 113.51 on Friday. China Lodging Group, Limited has a 12-month low of $41.69 and a 12-month high of $118.00. The stock has a market cap of $7.92 billion, a price-to-earnings ratio of 56.76 and a beta of 1.71. The firm’s 50-day moving average price is $100.89 and its 200-day moving average price is $77.37.

China Lodging Group, Limited (NASDAQ:HTHT) last released its quarterly earnings data on Thursday, August 17th. The company reported $0.80 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.60 by $0.20. The business had revenue of $1.99 billion during the quarter, compared to analysts’ expectations of $1.94 billion. China Lodging Group, Limited had a net margin of 13.69% and a return on equity of 17.26%. The company’s revenue for the quarter was up 20.1% on a year-over-year basis. During the same period in the previous year, the company earned $4.67 EPS. On average, analysts forecast that China Lodging Group, Limited will post $2.77 EPS for the current fiscal year.

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HTHT has been the topic of a number of research analyst reports. BidaskClub downgraded China Lodging Group, Limited from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, July 5th. Zacks Investment Research downgraded China Lodging Group, Limited from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 5th. Macquarie downgraded China Lodging Group, Limited from an “outperform” rating to a “neutral” rating and boosted their target price 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. Bank of America Corporation boosted their target price on 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. Finally, J P Morgan Chase & Co reiterated an “overweight” rating and issued a $90.00 target price (up from $78.00) on shares of China Lodging Group, Limited in a research report on Wednesday, May 10th. One research analyst has rated the stock with a hold rating, six have given a buy rating and two have given a strong buy rating to the company. China Lodging Group, Limited has a consensus rating of “Buy” and a consensus 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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