BidaskClub upgraded shares of Huazhu Group (NASDAQ:HTHT) from a strong sell rating to a sell rating in a report released on Thursday morning.

Several other brokerages also recently issued reports on HTHT. Zacks Investment Research raised Huazhu Group from a strong sell rating to a hold rating in a research note on Wednesday, July 18th. ValuEngine downgraded Huazhu Group from a strong-buy rating to a buy rating in a research note on Friday, August 3rd. Daiwa Capital Markets raised Huazhu Group from a neutral rating to a buy rating in a research note on Wednesday, August 8th. Goldman Sachs Group raised Huazhu Group from a neutral rating to a buy rating in a research note on Monday, September 24th. Finally, Deutsche Bank downgraded Huazhu Group from a buy rating to a hold rating and decreased their target price for the company from $40.00 to $25.00 in a research note on Monday, September 10th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the stock. Huazhu Group has an average rating of Hold and a consensus price target of $43.54.

Shares of HTHT opened at $29.70 on Thursday. The company has a market cap of $8.66 billion, a P/E ratio of 34.74 and a beta of 1.75. Huazhu Group has a 12-month low of $24.90 and a 12-month high of $49.60. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.45 and a current ratio of 1.45.

Huazhu Group (NASDAQ:HTHT) last issued its earnings results on Thursday, November 15th. The company reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by ($0.04). The business had revenue of $402.97 million for the quarter. Huazhu Group had a net margin of 14.00% and a return on equity of 25.24%. On average, equities analysts expect that Huazhu Group will post 0.8 EPS for the current year.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. AQR Capital Management LLC grew its holdings in Huazhu Group by 5.2% during the 3rd quarter. AQR Capital Management LLC now owns 420,397 shares of the company’s stock valued at $13,579,000 after buying an additional 20,693 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new position in Huazhu Group during the 3rd quarter valued at approximately $867,000. Castleark Management LLC grew its holdings in Huazhu Group by 204.2% during the 3rd quarter. Castleark Management LLC now owns 47,520 shares of the company’s stock valued at $1,535,000 after buying an additional 31,900 shares in the last quarter. Jane Street Group LLC grew its holdings in Huazhu Group by 27.4% during the 3rd quarter. Jane Street Group LLC now owns 18,214 shares of the company’s stock valued at $588,000 after buying an additional 3,913 shares in the last quarter. Finally, Trilogy Global Advisors LP grew its holdings in Huazhu Group by 73.6% during the 3rd quarter. Trilogy Global Advisors LP now owns 111,565 shares of the company’s stock valued at $3,604,000 after buying an additional 47,299 shares in the last quarter. Institutional investors and hedge funds own 43.17% of the company’s stock.

About Huazhu Group

Huazhu Group Limited, together with its subsidiaries, develops and operates leased and owned, manachised, and franchised hotels primarily in the People's Republic of China. The company operates hotels under the Hi Inn, HanTing Hotel, Elan Hotel, Orange Hotel, HanTing Premium, Starway Hotel, JI Hotel, Orange Hotel Select, Manxin Hotel, Crystal Orange Hotel, Joya Hotel, Grand Mercure, Novotel, Mercure, Ibis Styles, and Ibis brand names for business and leisure travelers.

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Analyst Recommendations for Huazhu Group (NASDAQ:HTHT)

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