China Lodging Group Ltd. (NASDAQ:HTHT)’s share price traded up 7% during mid-day trading on Monday . The company traded as high as $41.55 and last traded at $41.55, with a volume of 175,512 shares trading hands. The stock had previously closed at $38.82.

A number of equities analysts have recently issued reports on the stock. Morgan Stanley downgraded shares of China Lodging Group from an “overweight” rating to an “equal weight” rating and increased their price target for the company from $36.20 to $40.00 in a report on Wednesday. Zacks Investment Research cut shares of China Lodging Group from a “hold” rating to a “sell” rating in a research note on Tuesday. Goldman Sachs Group Inc. cut shares of China Lodging Group from a “buy” rating to a “neutral” rating and increased their price objective for the company from $7.50 to $9.00 in a research note on Thursday, May 5th. Finally, Brean Capital reissued a “buy” rating and issued a $44.00 price objective on shares of China Lodging Group in a research note on Thursday, May 12th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company’s stock. China Lodging Group presently has an average rating of “Hold” and a consensus price target of $35.97.

The stock has a 50 day moving average of $38.36 and a 200-day moving average of $34.42. The stock has a market cap of $2.82 billion and a P/E ratio of 35.67.

China Lodging Group (NASDAQ:HTHT) last announced its quarterly earnings results on Tuesday, August 16th. The company reported $0.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.30. The firm had revenue of $254.40 million for the quarter, compared to analyst estimates of $248.76 million. During the same period last year, the firm posted $2.59 EPS. The business’s revenue was up 13.7% compared to the same quarter last year. Equities analysts predict that China Lodging Group Ltd. will post $1.38 earnings per share for the current fiscal year.

An institutional investor recently raised its position in China Lodging Group stock. State of Wisconsin Investment Board increased its position in shares of China Lodging Group Ltd. (NASDAQ:HTHT) by 31.2% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 41,292 shares of the company’s stock after buying an additional 9,830 shares during the period. State of Wisconsin Investment Board owned about 0.07% of China Lodging Group worth $1,291,000 as of its most recent SEC filing.

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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