China Lodging Group Ltd. (NASDAQ:HTHT) fell 1.5% during trading on Thursday . The company traded as low as $42.81 and last traded at $43.01, with a volume of 442,700 shares traded. The stock had previously closed at $43.66.

A number of research analysts have recently issued reports on HTHT shares. Brean Capital increased their target price on China Lodging Group from $44.00 to $48.00 and gave the company a “buy” rating in a research report on Wednesday. Morgan Stanley lowered China Lodging Group from an “overweight” rating to an “equal weight” rating and increased their target price for the company from $36.20 to $40.00 in a research report on Wednesday. Zacks Investment Research lowered China Lodging Group from a “hold” rating to a “sell” rating in a research report on Tuesday. Finally, Goldman Sachs Group Inc. reiterated a “neutral” rating and set a $39.00 target price on shares of China Lodging Group in a research report on Thursday, June 9th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the stock. China Lodging Group has a consensus rating of “Hold” and an average price target of $36.41.

The stock has a market cap of $2.89 billion and a P/E ratio of 36.50. The firm’s 50-day moving average price is $38.79 and its 200 day moving average price is $34.55.

China Lodging Group (NASDAQ:HTHT) last issued its quarterly earnings data on Tuesday, August 16th. The company reported $0.71 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.41 by $0.30. During the same quarter in the prior year, the firm posted $2.59 EPS. The firm earned $254.40 million during the quarter, compared to analysts’ expectations of $248.76 million. China Lodging Group’s quarterly revenue was up 13.7% compared to the same quarter last year. Equities research analysts forecast that China Lodging Group Ltd. will post $1.43 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 boosted its position in shares of China Lodging Group Ltd. (NASDAQ:HTHT) by 31.2% during the fourth quarter, according to its most recent Form 13F 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 at the end of the most recent reporting period.

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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