World Asset Management Inc reduced its stake in China Lodging Group, Limited (NASDAQ:HTHT) by 4.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,105 shares of the company’s stock after selling 194 shares during the period. World Asset Management Inc’s holdings in China Lodging Group, Limited were worth $331,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of HTHT. Atria Investments LLC raised its position in shares of China Lodging Group, Limited by 2.8% in the first quarter. Atria Investments LLC now owns 4,168 shares of the company’s stock valued at $259,000 after buying an additional 112 shares during the last quarter. Parametric Portfolio Associates LLC raised its position in shares of 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 last quarter. US Bancorp DE raised its position in shares of 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 last quarter. Aperio Group LLC raised its position in shares of 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 last quarter. Finally, Lazard Asset Management LLC raised its position in shares of China Lodging Group, Limited by 3.8% in the first quarter. Lazard Asset Management LLC now owns 59,203 shares of the company’s stock valued at $3,672,000 after buying an additional 2,145 shares during the last quarter. Institutional investors own 45.56% of the company’s stock.

Shares of China Lodging Group, Limited (NASDAQ HTHT) opened at 99.03 on Tuesday. The company has a market capitalization of $6.89 billion, a price-to-earnings ratio of 53.73 and a beta of 1.71. China Lodging Group, Limited has a 1-year low of $37.27 and a 1-year high of $107.17. The firm’s 50-day moving average is $90.89 and its 200-day moving average is $72.60.

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Several brokerages recently issued reports on HTHT. BidaskClub lowered shares of China Lodging Group, Limited from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, July 5th. Macquarie lowered shares of China Lodging Group, Limited from an “outperform” rating to a “neutral” rating and increased their price target for the stock 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 reiterated an “overweight” rating and issued a $90.00 price target (up from $78.00) on shares of China Lodging Group, Limited in a research note on Wednesday, May 10th. Zacks Investment Research lowered shares of China Lodging Group, Limited from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 5th. Finally, Benchmark Co. began coverage on shares of China Lodging Group, Limited in a research note on Tuesday, April 18th. They issued a “buy” rating and a $68.00 price target for the company. Two investment analysts have rated the stock with a hold rating, five have assigned a buy rating and two have assigned a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $71.00.

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.

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

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