Ameriprise Financial Inc. decreased its stake in shares of China Lodging Group, Limited (NASDAQ:HTHT) by 2.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,938 shares of the company’s stock after selling 122 shares during the period. Ameriprise Financial Inc.’s holdings in China Lodging Group, Limited were worth $398,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Principal Financial Group Inc. raised its position in China Lodging Group, Limited by 65.7% in the second quarter. Principal Financial Group Inc. now owns 20,355 shares of the company’s stock worth $1,642,000 after acquiring an additional 8,072 shares during the period. JPMorgan Chase & Co. bought a new position in China Lodging Group, Limited in the second quarter worth approximately $5,412,000. Gateway Advisory LLC bought a new position in China Lodging Group, Limited in the second quarter worth approximately $389,000. Goldman Sachs Group Inc. raised its position in China Lodging Group, Limited by 15.8% in the first quarter. Goldman Sachs Group Inc. now owns 187,468 shares of the company’s stock worth $11,633,000 after acquiring an additional 25,582 shares during the period. Finally, American Century Companies Inc. raised its position in China Lodging Group, Limited by 11.2% in the second quarter. American Century Companies Inc. now owns 357,274 shares of the company’s stock worth $28,825,000 after acquiring an additional 35,941 shares during the period. Institutional investors own 37.61% of the company’s stock.

Shares of China Lodging Group, Limited (NASDAQ:HTHT) opened at $124.66 on Wednesday. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.49 and a quick ratio of 1.48. The stock has a market cap of $8,905.35, a price-to-earnings ratio of 65.36, a PEG ratio of 1.74 and a beta of 1.65. China Lodging Group, Limited has a 52 week low of $43.47 and a 52 week high of $142.80.

China Lodging Group, Limited (NASDAQ:HTHT) last announced its quarterly earnings data on Thursday, August 17th. The company reported $0.80 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.60 by $0.20. The firm 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% compared to the same quarter last year. During the same period in the prior year, the company posted $4.67 earnings per share. research analysts anticipate that China Lodging Group, Limited will post 3.19 EPS for the current year.

The company also recently disclosed a special dividend, which will be paid on Friday, December 22nd. Stockholders of record on Monday, December 4th will be paid a $0.64 dividend. The ex-dividend date of this dividend is Friday, December 1st.

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Several research analysts have weighed in on HTHT shares. Zacks Investment Research downgraded shares of China Lodging Group, Limited from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 17th. Bank of America Corporation increased 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. Finally, BidaskClub upgraded shares of China Lodging Group, Limited from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, July 19th. Two analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. The company has an average 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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