Nordea Investment Management AB increased its holdings in China Lodging Group, Limited (NASDAQ:HTHT) by 10.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,170 shares of the company’s stock after purchasing an additional 3,152 shares during the period. Nordea Investment Management AB’s holdings in China Lodging Group, Limited were worth $2,595,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Ariose Capital Management Ltd acquired a new position in China Lodging Group, Limited during the second quarter valued at approximately $58,485,000. Alliancebernstein L.P. raised its position in shares of China Lodging Group, Limited by 754.5% in the second quarter. Alliancebernstein L.P. now owns 151,799 shares of the company’s stock valued at $12,247,000 after purchasing an additional 134,034 shares during the period. Pictet Asset Management Ltd. raised its position in shares of 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 valued at $38,889,000 after purchasing an additional 131,188 shares during the period. Macquarie Group Ltd. raised its position in shares of China Lodging Group, Limited by 25.3% in the first quarter. Macquarie Group Ltd. now owns 514,937 shares of the company’s stock valued at $31,952,000 after purchasing an additional 104,037 shares during the period. Finally, FMR LLC raised its position in shares of China Lodging Group, Limited by 12.3% in the first quarter. FMR LLC now owns 745,500 shares of the company’s stock valued at $46,258,000 after purchasing an additional 81,900 shares during the period. 38.04% of the stock is currently owned by hedge funds and other institutional investors.

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China Lodging Group, Limited (NASDAQ HTHT) opened at 118.82 on Monday. China Lodging Group, Limited has a one year low of $41.69 and a one year high of $126.29. The firm has a market capitalization of $8.29 billion, a price-to-earnings ratio of 58.10 and a beta of 1.61. The stock’s 50 day moving average price is $108.72 and its 200-day moving average price is $82.66.

China Lodging Group, Limited (NASDAQ:HTHT) last issued its quarterly earnings data on Thursday, August 17th. The company reported $0.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $1.94 billion. During the same quarter in the previous year, the company posted $4.67 earnings per share. The business’s revenue was up 20.1% on a year-over-year basis. On average, equities research analysts expect that China Lodging Group, Limited will post $2.82 EPS for the current fiscal year.

A number of analysts have recently weighed in on the stock. BidaskClub cut shares of China Lodging Group, Limited from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 16th. Zacks Investment Research upgraded shares of China Lodging Group, Limited from a “hold” rating to a “strong-buy” rating and set a $109.00 target price on the stock in a research note on Wednesday, July 26th. Finally, Bank of America Corporation raised their target price on shares of China Lodging Group, Limited from $104.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, August 18th. One research analyst has rated the stock with a hold rating, six have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $81.71.

China Lodging Group, Limited 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.

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

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