China Lodging Group (HTHT) Rating Lowered to Sell at Zacks Investment Research

Zacks Investment Research downgraded shares of China Lodging Group (NASDAQ:HTHT) from a hold rating to a sell rating in a research report released on Saturday.

According to Zacks, “China Lodging Group, Limited is an economy hotel chain operator in China. The Company offers hotel products under three brands that are designed to target distinct groups of customers. The three brands are HanTing Seasons Hotel, HanTing Express Hotel, and HanTing Hi Inn. China Lodging Group, Limited is headquartered in Shanghai, the People’s Republic of China. “

Several other brokerages have also recently issued reports on HTHT. BidaskClub raised shares of China Lodging Group from a hold rating to a buy rating in a research note on Friday, December 22nd. Benchmark upped their price objective on shares of China Lodging Group from $128.00 to $142.00 and gave the company a buy rating in a research note on Wednesday, November 29th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the company’s stock. China Lodging Group presently has a consensus rating of Buy and an average target price of $99.00.

Shares of China Lodging Group (NASDAQ:HTHT) traded up $4.91 during midday trading on Friday, reaching $156.81. 624,368 shares of the company traded hands, compared to its average volume of 550,573. China Lodging Group has a one year low of $49.61 and a one year high of $159.35. The stock has a market cap of $10,844.51, a PE ratio of 67.30 and a beta of 1.52. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.40 and a current ratio of 1.41.

China Lodging Group (NASDAQ:HTHT) last announced its quarterly earnings data on Tuesday, November 28th. The company reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.01. China Lodging Group had a net margin of 14.95% and a return on equity of 19.55%. The company had revenue of $2.37 billion during the quarter, compared to analysts’ expectations of $2.36 billion. During the same quarter in the prior year, the company earned $4.28 EPS. China Lodging Group’s revenue was up 33.8% compared to the same quarter last year. research analysts anticipate that China Lodging Group will post 3.32 earnings per share for the current fiscal year.

The company also recently announced a special dividend, which was paid on Friday, December 22nd. Shareholders of record on Monday, December 4th were issued a $0.64 dividend. The ex-dividend date was Friday, December 1st.

Large investors have recently bought and sold shares of the business. Fieldpoint Private Securities LLC acquired a new position in China Lodging Group in the 3rd quarter valued at about $115,000. Advisor Group Inc. boosted its holdings in China Lodging Group by 216.6% in the 2nd quarter. Advisor Group Inc. now owns 1,298 shares of the company’s stock valued at $101,000 after purchasing an additional 888 shares during the last quarter. Cambridge Investment Research Advisors Inc. acquired a new position in China Lodging Group in the 3rd quarter valued at about $219,000. Reliance Trust Co. of Delaware acquired a new position in China Lodging Group in the 3rd quarter valued at about $225,000. Finally, Profund Advisors LLC acquired a new position in China Lodging Group in the 2nd quarter valued at about $257,000. Institutional investors own 37.18% of the company’s stock.

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About China Lodging Group

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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