Huazhu Group (NASDAQ:HTHT) Rating Increased to Hold at ValuEngine

ValuEngine upgraded shares of Huazhu Group (NASDAQ:HTHT) from a sell rating to a hold rating in a research note released on Saturday morning, ValuEngine reports.

Other equities analysts also recently issued research reports about the stock. China International Capital downgraded shares of Huazhu Group from a buy rating to a hold rating in a report on Monday, May 6th. China Renaissance Securities reaffirmed a hold rating on shares of Huazhu Group in a report on Monday, May 6th. JPMorgan Chase & Co. downgraded shares of Huazhu Group from an overweight rating to a neutral rating in a report on Tuesday, April 30th. Zacks Investment Research raised shares of Huazhu Group from a hold rating to a buy rating and set a $46.00 target price on the stock in a report on Thursday, March 21st. Finally, BidaskClub downgraded shares of Huazhu Group from a buy rating to a hold rating in a report on Thursday, May 30th. Four investment analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus price target of $39.00.

Shares of NASDAQ:HTHT opened at $34.12 on Friday. The company has a debt-to-equity ratio of 4.09, a current ratio of 0.70 and a quick ratio of 0.70. Huazhu Group has a 1-year low of $24.90 and a 1-year high of $45.39. The stock has a market capitalization of $9.94 billion, a P/E ratio of 94.78, a P/E/G ratio of 3.60 and a beta of 1.74. The firm’s 50 day moving average price is $33.24.



Huazhu Group (NASDAQ:HTHT) last issued its quarterly earnings results on Wednesday, May 22nd. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.12). Huazhu Group had a net margin of 6.76% and a return on equity of 13.43%. The firm had revenue of $2.39 billion for the quarter, compared to analysts’ expectations of $2.34 billion. During the same period in the prior year, the firm earned $3.85 EPS. Huazhu Group’s revenue for the quarter was up 14.2% compared to the same quarter last year. As a group, research analysts expect that Huazhu Group will post 0.77 EPS for the current year.

Several hedge funds have recently added to or reduced their stakes in HTHT. Advisors Asset Management Inc. increased its stake in Huazhu Group by 24.6% in the fourth quarter. Advisors Asset Management Inc. now owns 6,790 shares of the company’s stock valued at $194,000 after acquiring an additional 1,339 shares during the last quarter. SG Americas Securities LLC grew its stake in shares of Huazhu Group by 8.7% during the fourth quarter. SG Americas Securities LLC now owns 25,770 shares of the company’s stock worth $738,000 after buying an additional 2,054 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. grew its stake in shares of Huazhu Group by 13.6% during the fourth quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 17,907 shares of the company’s stock worth $490,000 after buying an additional 2,145 shares during the last quarter. New York State Common Retirement Fund grew its stake in shares of Huazhu Group by 23.7% during the fourth quarter. New York State Common Retirement Fund now owns 316,176 shares of the company’s stock worth $9,052,000 after buying an additional 60,520 shares during the last quarter. Finally, BlackRock Inc. grew its stake in shares of Huazhu Group by 4.1% during the fourth quarter. BlackRock Inc. now owns 5,985,269 shares of the company’s stock worth $171,357,000 after buying an additional 234,644 shares during the last quarter. 45.14% of the stock is currently owned by hedge funds and other institutional investors.

Huazhu Group Company Profile

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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