Sanctuary Wealth Advisors LLC reduced its holdings in China Lodging Group, Limited (NASDAQ:HTHT) by 25.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 32,587 shares of the company’s stock after selling 11,399 shares during the period. China Lodging Group, Limited makes up about 3.0% of Sanctuary Wealth Advisors LLC’s investment portfolio, making the stock its 17th biggest position. Sanctuary Wealth Advisors LLC’s holdings in China Lodging Group, Limited were worth $3,872,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Advisor Group Inc. lifted its holdings in China Lodging Group, Limited by 216.6% in the second quarter. Advisor Group Inc. now owns 1,298 shares of the company’s stock valued at $101,000 after buying an additional 888 shares during the period. Evanston Investments Inc. dba Evanston Advisors acquired a new stake in shares of China Lodging Group, Limited during the 2nd quarter worth about $218,000. Reliance Trust Co. of Delaware acquired a new stake in shares of China Lodging Group, Limited during the 3rd quarter worth about $225,000. Profund Advisors LLC acquired a new stake in shares of China Lodging Group, Limited during the 2nd quarter worth about $257,000. Finally, GSA Capital Partners LLP acquired a new stake in China Lodging Group, Limited in the 2nd quarter worth about $355,000. Institutional investors and hedge funds own 37.61% of the company’s stock.

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Several brokerages have weighed in on HTHT. Zacks Investment Research cut shares of China Lodging Group, Limited from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 17th. Bank of America Corporation lifted their price objective on shares of China Lodging Group, Limited from $104.00 to $115.00 and gave the stock a “buy” rating in a research note 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 note on Wednesday, July 19th. Two research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $81.71.

Shares of China Lodging Group, Limited (NASDAQ:HTHT) traded down $0.45 during trading on Monday, hitting $125.97. 301,900 shares of the company traded hands, compared to its average volume of 265,869. The company has a market cap of $9,000.00, a price-to-earnings ratio of 63.94, a PEG ratio of 1.70 and a beta of 1.65. The company has a quick ratio of 1.48, a current ratio of 1.49 and a debt-to-equity ratio of 0.60. China Lodging Group, Limited has a 12 month low of $43.47 and a 12 month high of $142.80.

China Lodging Group, Limited (NASDAQ:HTHT) last posted its earnings results on Thursday, August 17th. The company reported $0.80 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.60 by $0.20. China Lodging Group, Limited had a net margin of 13.69% and a return on equity of 17.26%. The firm had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.94 billion. During the same period in the previous year, the firm posted $4.67 EPS. The company’s revenue for the quarter was up 20.1% compared to the same quarter last year. equities research analysts predict that China Lodging Group, Limited will post 3.19 EPS for the current year.

The firm also recently announced a special dividend, which will be paid on Friday, December 22nd. Shareholders of record on Monday, December 4th will be issued a dividend of $0.64 per share. The ex-dividend date of this dividend is Friday, December 1st.

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.

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

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