SG Americas Securities LLC bought a new stake in shares of China Lodging Group, Limited (NASDAQ:HTHT) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 18,650 shares of the company’s stock, valued at approximately $1,505,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. World Asset Management Inc boosted its position in China Lodging Group, Limited by 2.4% in the first quarter. World Asset Management Inc now owns 4,299 shares of the company’s stock valued at $267,000 after buying an additional 101 shares during the period. Parametric Portfolio Associates LLC boosted its position in China Lodging Group, Limited by 0.9% in the first quarter. Parametric Portfolio Associates LLC now owns 12,542 shares of the company’s stock valued at $778,000 after buying an additional 117 shares during the period. US Bancorp DE boosted its position in China Lodging Group, Limited by 12.5% in the first quarter. US Bancorp DE now owns 2,480 shares of the company’s stock valued at $154,000 after buying an additional 275 shares during the period. Aperio Group LLC boosted its position in China Lodging Group, Limited by 4.5% in the second quarter. Aperio Group LLC now owns 8,159 shares of the company’s stock valued at $658,000 after buying an additional 351 shares during the period. Finally, State of Wisconsin Investment Board boosted its position in China Lodging Group, Limited by 3.6% in the second quarter. State of Wisconsin Investment Board now owns 43,177 shares of the company’s stock valued at $3,484,000 after buying an additional 1,503 shares during the period. 38.05% of the stock is currently owned by institutional investors.

Shares of China Lodging Group, Limited (NASDAQ:HTHT) opened at 107.15 on Wednesday. The company has a market cap of $7.48 billion, a PE ratio of 53.52 and a beta of 1.71. The company has a 50 day moving average price of $97.54 and a 200 day moving average price of $75.81. China Lodging Group, Limited has a 52 week low of $41.69 and a 52 week high of $118.00.

China Lodging Group, Limited (NASDAQ:HTHT) last posted its quarterly earnings results on Thursday, August 17th. The company reported $0.80 earnings per share 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 business had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $1.94 billion. During the same period in the prior year, the business earned $4.67 EPS. The firm’s revenue for the quarter was up 20.1% on a year-over-year basis. On average, equities analysts expect that China Lodging Group, Limited will post $2.77 earnings per share for the current year.

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Several equities analysts have weighed in on the company. BidaskClub cut China Lodging Group, Limited from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, July 5th. Macquarie cut China Lodging Group, Limited from an “outperform” rating to a “neutral” rating and lifted their target price for the company from $66.00 to $72.00 in a research note on Thursday, May 11th. They noted that the move was a valuation call. J P Morgan Chase & Co reaffirmed an “overweight” rating and set a $90.00 target price (up previously from $78.00) on shares of China Lodging Group, Limited in a research note on Wednesday, May 10th. Zacks Investment Research cut China Lodging Group, Limited from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 5th. Finally, Bank of America Corporation lifted their target price on 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 equities research analyst has rated the stock with a hold rating, six have assigned a buy rating and two have issued a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $81.71.

China Lodging Group, Limited Company 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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