China Lodging Group, Limited (HTHT) Stake Maintained by Legal & General Group Plc

Legal & General Group Plc continued to hold its position in shares of China Lodging Group, Limited (NASDAQ:HTHT) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,000 shares of the company’s stock at the end of the first quarter. Legal & General Group Plc’s holdings in China Lodging Group, Limited were worth $248,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. World Asset Management Inc increased its position in shares of 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. Atria Investments LLC increased 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 worth $259,000 after buying an additional 112 shares in the last quarter. Parametric Portfolio Associates LLC increased 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 worth $778,000 after buying an additional 117 shares in the last quarter. US Bancorp DE increased 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 worth $154,000 after buying an additional 275 shares in the last quarter. Finally, Handelsbanken Fonder AB bought a new position in shares of China Lodging Group, Limited during the first quarter worth about $372,000. Institutional investors and hedge funds own 44.86% of the company’s stock.

China Lodging Group, Limited (HTHT) opened at 106.43 on Thursday. The stock has a market cap of $7.41 billion, a P/E ratio of 57.75 and a beta of 1.71. The stock has a 50 day moving average of $89.32 and a 200-day moving average of $71.43. China Lodging Group, Limited has a one year low of $37.27 and a one year high of $107.17.

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A number of brokerages have recently issued reports on HTHT. BidaskClub downgraded shares of China Lodging Group, Limited from a “strong-buy” rating to a “buy” rating in a report on Wednesday, July 5th. Macquarie downgraded shares of China Lodging Group, Limited from an “outperform” rating to a “neutral” rating and increased their price target for the company from $66.00 to $72.00 in a report 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 previously from $78.00) on shares of China Lodging Group, Limited in a report on Wednesday, May 10th. Zacks Investment Research downgraded shares of China Lodging Group, Limited from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 5th. Finally, Benchmark Co. began coverage on shares of China Lodging Group, Limited in a report 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 given a buy rating and two have assigned a strong buy rating to the stock. China Lodging Group, Limited presently has an average rating of “Buy” and a consensus price target of $71.00.

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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