Shares of GreenTree Hospitality Group Ltd – (NYSE:GHG) have received an average broker rating score of 1.00 (Strong Buy) from the two analysts that cover the stock, Zacks Investment Research reports. Two equities research analysts have rated the stock with a strong buy recommendation.
Brokerages have set a 1 year consensus price target of $17.50 for the company and are forecasting that the company will post $0.19 earnings per share for the current quarter, according to Zacks. Zacks has also assigned GreenTree Hospitality Group an industry rank of 99 out of 256 based on the ratings given to related companies.
Several research firms have recently commented on GHG. Zacks Investment Research lowered shares of GreenTree Hospitality Group from a “buy” rating to a “hold” rating in a research report on Monday, May 20th. China Renaissance Securities initiated coverage on shares of GreenTree Hospitality Group in a report on Monday, May 6th. They issued a “buy” rating and a $18.40 target price for the company.
GreenTree Hospitality Group (NYSE:GHG) last released its quarterly earnings results on Friday, May 24th. The company reported $0.13 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.23 by ($0.10). The firm had revenue of $35.06 million for the quarter. GreenTree Hospitality Group had a net margin of 45.04% and a return on equity of 25.01%. As a group, equities research analysts predict that GreenTree Hospitality Group will post 0.8 earnings per share for the current fiscal year.
Institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE increased its holdings in GreenTree Hospitality Group by 223.0% in the 4th quarter. Bank of America Corp DE now owns 335,428 shares of the company’s stock valued at $4,357,000 after purchasing an additional 231,589 shares during the last quarter. Public Employees Retirement System of Ohio grew its stake in shares of GreenTree Hospitality Group by 14.9% in the fourth quarter. Public Employees Retirement System of Ohio now owns 67,361 shares of the company’s stock worth $875,000 after acquiring an additional 8,736 shares in the last quarter. Two Sigma Advisers LP grew its stake in shares of GreenTree Hospitality Group by 7.3% in the fourth quarter. Two Sigma Advisers LP now owns 23,400 shares of the company’s stock worth $304,000 after acquiring an additional 1,600 shares in the last quarter. Aubrey Capital Management Ltd grew its stake in shares of GreenTree Hospitality Group by 13.0% in the fourth quarter. Aubrey Capital Management Ltd now owns 483,874 shares of the company’s stock worth $6,252,000 after acquiring an additional 55,736 shares in the last quarter. Finally, Dalton Investments LLC grew its stake in shares of GreenTree Hospitality Group by 316.6% in the first quarter. Dalton Investments LLC now owns 616,923 shares of the company’s stock worth $8,532,000 after acquiring an additional 468,829 shares in the last quarter. Hedge funds and other institutional investors own 8.69% of the company’s stock.
About GreenTree Hospitality Group
GreenTree Hospitality Group Ltd., through its subsidiaries, owns, operates, leases, franchises, and manages hotels in the People's Republic of China. The company operates hotels under the various brands, including GreenTree Eastern, as well as Gme, Gya, and VX; GreenTree Inns and GreenTree Alliance; and Vatica and Shell.
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