Wasatch Advisors Inc. Sells 12,389 Shares of China Lodging Group, Ltd (HTHT)

Wasatch Advisors Inc. reduced its stake in China Lodging Group, Ltd (NASDAQ:HTHT) by 9.3% during the fourth quarter, Holdings Channel reports. The fund owned 120,376 shares of the company’s stock after selling 12,389 shares during the period. Wasatch Advisors Inc.’s holdings in China Lodging Group were worth $17,386,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Axiom International Investors LLC DE grew its stake in shares of China Lodging Group by 29.7% in the third quarter. Axiom International Investors LLC DE now owns 562,006 shares of the company’s stock worth $66,778,000 after acquiring an additional 128,700 shares during the last quarter. Macquarie Group Ltd. grew its stake in shares of China Lodging Group by 51.2% in the third quarter. Macquarie Group Ltd. now owns 535,157 shares of the company’s stock worth $63,588,000 after acquiring an additional 181,279 shares during the last quarter. American Century Companies Inc. lifted its holdings in shares of China Lodging Group by 18.8% during the third quarter. American Century Companies Inc. now owns 424,384 shares of the company’s stock valued at $50,425,000 after purchasing an additional 67,110 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of China Lodging Group by 82.0% during the second quarter. Goldman Sachs Group Inc. now owns 341,114 shares of the company’s stock valued at $27,521,000 after purchasing an additional 153,646 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its holdings in shares of China Lodging Group by 12.1% during the second quarter. Wells Fargo & Company MN now owns 309,911 shares of the company’s stock valued at $25,002,000 after purchasing an additional 33,511 shares in the last quarter. 37.18% of the stock is currently owned by hedge funds and other institutional investors.

China Lodging Group, Ltd (NASDAQ:HTHT) opened at $148.92 on Thursday. The stock has a market capitalization of $10,190.28, a price-to-earnings ratio of 63.91 and a beta of 1.52. The company has a current ratio of 1.41, a quick ratio of 1.40 and a debt-to-equity ratio of 0.57. China Lodging Group, Ltd has a 1-year low of $49.28 and a 1-year high of $159.35.

China Lodging Group (NASDAQ:HTHT) last announced its quarterly earnings results on Tuesday, November 28th. The company reported $0.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.97 by $0.01. China Lodging Group had a return on equity of 19.55% and a net margin of 14.95%. The firm had revenue of $2.37 billion for the quarter, compared to the consensus estimate of $2.36 billion. During the same period in the prior year, the company posted $4.28 earnings per share. The company’s quarterly revenue was up 33.8% on a year-over-year basis. analysts predict that China Lodging Group, Ltd will post 3.19 EPS for the current 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.

A number of research analysts have recently issued reports on the company. Zacks Investment Research downgraded China Lodging Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 17th. Benchmark upped their price target on China Lodging Group from $128.00 to $142.00 and gave the company a “buy” rating in a report on Wednesday, November 29th. Finally, BidaskClub raised China Lodging Group from a “strong sell” rating to a “sell” rating in a report on Thursday, December 7th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $99.00.

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

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