Huazhu Group Ltd (HTHT) Shares Bought by SG Americas Securities LLC

SG Americas Securities LLC raised its stake in Huazhu Group Ltd (NASDAQ:HTHT) by 8.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,770 shares of the company’s stock after buying an additional 2,054 shares during the period. SG Americas Securities LLC’s holdings in Huazhu Group were worth $738,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. IFP Advisors Inc boosted its position in Huazhu Group by 10.9% in the fourth quarter. IFP Advisors Inc now owns 3,302 shares of the company’s stock valued at $100,000 after buying an additional 324 shares in the last quarter. Cornerstone Advisors Inc. boosted its position in Huazhu Group by 50.2% in the fourth quarter. Cornerstone Advisors Inc. now owns 1,538 shares of the company’s stock valued at $44,000 after buying an additional 514 shares in the last quarter. Advisors Asset Management Inc. boosted its position 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 buying an additional 1,339 shares in the last quarter. Quadrant Capital Group LLC acquired a new stake in Huazhu Group in the fourth quarter valued at approximately $63,000. Finally, Pendal Group Ltd boosted its position in Huazhu Group by 4.5% in the third quarter. Pendal Group Ltd now owns 63,956 shares of the company’s stock valued at $2,066,000 after buying an additional 2,752 shares in the last quarter. Hedge funds and other institutional investors own 43.06% of the company’s stock.

HTHT has been the topic of a number of research analyst reports. BidaskClub upgraded shares of Huazhu Group from a “strong sell” rating to a “sell” rating in a research report on Thursday, November 15th. Zacks Investment Research upgraded shares of Huazhu Group from a “hold” rating to a “buy” rating and set a $31.00 target price on the stock in a research report on Wednesday, November 21st. ValuEngine upgraded shares of Huazhu Group from a “hold” rating to a “buy” rating in a research report on Wednesday, November 21st. Citigroup initiated coverage on shares of Huazhu Group in a research report on Tuesday, December 11th. They issued a “buy” rating and a $45.00 target price on the stock. Finally, CLSA initiated coverage on shares of Huazhu Group in a research report on Tuesday, January 22nd. They issued a “buy” rating on the stock. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $42.66.

HTHT stock opened at $35.36 on Friday. The firm has a market cap of $10.01 billion, a PE ratio of 54.40 and a beta of 1.52. Huazhu Group Ltd has a 52-week low of $24.90 and a 52-week high of $49.60. The company has a quick ratio of 1.33, a current ratio of 1.34 and a debt-to-equity ratio of 1.17.

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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.

Further Reading: What is a Special Dividend?

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Institutional Ownership by Quarter for Huazhu Group (NASDAQ:HTHT)

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