Renaissance Group LLC cut its position in China Lodging Group, Limited (NASDAQ:HTHT) by 6.0% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 266,134 shares of the company’s stock after selling 17,041 shares during the period. Renaissance Group LLC owned about 0.38% of China Lodging Group, Limited worth $21,472,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of HTHT. 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 worth $154,000 after buying an additional 275 shares in the last quarter. 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 worth $267,000 after buying an additional 101 shares in the last quarter. Oppenheimer Asset Management Inc. acquired a new position in China Lodging Group, Limited during the first quarter worth approximately $298,000. Invictus RG boosted its position in China Lodging Group, Limited by 215.3% in the first quarter. Invictus RG now owns 5,017 shares of the company’s stock worth $311,000 after buying an additional 3,426 shares in the last quarter. Finally, Caxton Associates LP acquired a new position in China Lodging Group, Limited during the first quarter worth approximately $321,000. 38.05% of the stock is currently owned by institutional investors.

Shares of China Lodging Group, Limited (NASDAQ:HTHT) opened at 109.44 on Monday. China Lodging Group, Limited has a one year low of $41.69 and a one year high of $118.00. The stock’s 50 day moving average price is $97.54 and its 200 day moving average price is $75.81. The stock has a market capitalization of $7.64 billion, a PE ratio of 54.67 and a beta of 1.71.

China Lodging Group, Limited (NASDAQ:HTHT) last announced its quarterly earnings results on Thursday, August 17th. The company reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate 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 firm had revenue of $1.99 billion during the quarter, compared to the consensus estimate of $1.94 billion. During the same period in the prior year, the firm earned $4.67 EPS. The firm’s quarterly revenue was up 20.1% compared to the same quarter last year. Equities research analysts predict that China Lodging Group, Limited will post $2.73 EPS for the current fiscal year.

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A number of research analysts recently commented on HTHT shares. Bank of America Corporation boosted their price target on China Lodging Group, Limited from $104.00 to $115.00 and gave the stock a “buy” rating in a report on Friday, August 18th. BidaskClub cut China Lodging Group, Limited from a “strong-buy” rating to a “buy” rating in a report on Friday, June 16th. Zacks Investment Research cut China Lodging Group, Limited from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 5th. Macquarie cut China Lodging Group, Limited from an “outperform” rating to a “neutral” rating and upped their price objective for the stock from $66.00 to $72.00 in a report on Thursday, May 11th. They noted that the move was a valuation call. Finally, J P Morgan Chase & Co reaffirmed an “overweight” rating and set a $90.00 price objective (up from $78.00) on shares of China Lodging Group, Limited in a report on Wednesday, May 10th. One equities research analyst has rated the stock with a hold rating, six have issued a buy rating and two have assigned a strong buy rating to the stock. China Lodging Group, Limited currently has a consensus 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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