Banced Has Increased Snap On (SNA) Position by $333,462 as Stock Value Declined; China Lodging Group LTD (HTHT) Holder Ward Ferry Management LTD Has Trimmed Its Stake

February 16, 2018 - By Winifred Garcia

Ward Ferry Management Ltd decreased its stake in China Lodging Group Ltd (HTHT) by 18.5% based on its latest 2017Q3 regulatory filing with the SEC. Ward Ferry Management Ltd sold 322,700 shares as the company’s stock rose 35.67% with the market. The institutional investor held 1.42 million shares of the consumer services company at the end of 2017Q3, valued at $168.88 million, down from 1.74 million at the end of the previous reported quarter. Ward Ferry Management Ltd who had been investing in China Lodging Group Ltd for a number of months, seems to be less bullish one the $10.37 billion market cap company. The stock increased 0.12% or $0.18 during the last trading session, reaching $147.65. About 46,696 shares traded. China Lodging Group, Limited (NASDAQ:HTHT) has risen 127.67% since February 16, 2017 and is uptrending. It has outperformed by 110.97% the S&P500.

Banced Corp increased its stake in Snap On Inc (SNA) by 111.12% based on its latest 2017Q3 regulatory filing with the SEC. Banced Corp bought 2,238 shares as the company’s stock declined 3.98% while stock markets rallied. The institutional investor held 4,252 shares of the industrial machinery and components company at the end of 2017Q3, valued at $634,000, up from 2,014 at the end of the previous reported quarter. Banced Corp who had been investing in Snap On Inc for a number of months, seems to be bullish on the $9.32B market cap company. The stock increased 1.40% or $2.26 during the last trading session, reaching $163.44. About 167,513 shares traded. Snap-on Incorporated (NYSE:SNA) has risen 2.47% since February 16, 2017 and is uptrending. It has underperformed by 14.23% the S&P500.

Among 10 analysts covering Snap-on (NYSE:SNA), 8 have Buy rating, 0 Sell and 2 Hold. Therefore 80% are positive. Snap-on had 29 analyst reports since August 20, 2015 according to SRatingsIntel. The stock of Snap-on Incorporated (NYSE:SNA) has “Buy” rating given on Tuesday, August 22 by Robert W. Baird. As per Wednesday, April 12, the company rating was maintained by Oppenheimer. The rating was maintained by Robert W. Baird on Friday, November 10 with “Buy”. The rating was maintained by Oppenheimer with “Buy” on Tuesday, May 30. FBR Capital maintained Snap-on Incorporated (NYSE:SNA) rating on Friday, July 21. FBR Capital has “Buy” rating and $20500 target. The rating was initiated by Jefferies on Tuesday, October 20 with “Hold”. On Tuesday, June 28 the stock rating was initiated by CL King with “Buy”. The stock of Snap-on Incorporated (NYSE:SNA) has “Buy” rating given on Monday, October 5 by Longbow. The rating was maintained by Wunderlich with “Buy” on Friday, February 3. On Monday, August 21 the stock rating was downgraded by Longbow to “Neutral”.

Investors sentiment increased to 1.23 in 2017 Q3. Its up 0.07, from 1.16 in 2017Q2. It improved, as 53 investors sold SNA shares while 154 reduced holdings. 58 funds opened positions while 196 raised stakes. 54.39 million shares or 4.11% more from 52.24 million shares in 2017Q2 were reported. Shine Invest Advisory Ser Inc invested in 229 shares or 0.02% of the stock. Gateway Invest Advisers Ltd Liability reported 0.13% stake. Loring Wolcott And Coolidge Fiduciary Advisors Llp Ma holds 0% or 1,002 shares. Mountain Pacific Advisers Id holds 2.51% of its portfolio in Snap-on Incorporated (NYSE:SNA) for 153,860 shares. Palo Cap Inc stated it has 0.87% in Snap-on Incorporated (NYSE:SNA). New England And Mgmt stated it has 5,136 shares. Quantbot Techs LP holds 24,356 shares. Caisse De Depot Et Placement Du Quebec reported 9,067 shares stake. Connors Investor Services has invested 1.04% in Snap-on Incorporated (NYSE:SNA). Gotham Asset Mngmt Lc has invested 0.18% of its portfolio in Snap-on Incorporated (NYSE:SNA). Rr Prtn Lp holds 5.21% or 510,300 shares in its portfolio. Schwab Charles Mgmt has invested 0.03% of its portfolio in Snap-on Incorporated (NYSE:SNA). Robecosam Ag has invested 0.02% of its portfolio in Snap-on Incorporated (NYSE:SNA). 465,690 are held by Bancorp Of Montreal Can. Northcoast Asset Mngmt Limited Liability holds 0.26% of its portfolio in Snap-on Incorporated (NYSE:SNA) for 14,806 shares.

Among 7 analysts covering China Lodging (NASDAQ:HTHT), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. China Lodging had 14 analyst reports since August 18, 2015 according to SRatingsIntel. The firm has “Outperform” rating by Credit Suisse given on Friday, February 3. The stock of China Lodging Group, Limited (NASDAQ:HTHT) has “Hold” rating given on Wednesday, November 11 by Deutsche Bank. The stock has “Buy” rating by Brean Capital on Wednesday, August 17. Credit Suisse upgraded it to “Neutral” rating and $25.20 target in Wednesday, August 19 report. Goldman Sachs upgraded the shares of HTHT in report on Thursday, October 8 to “Buy” rating. The stock of China Lodging Group, Limited (NASDAQ:HTHT) earned “Buy” rating by Deutsche Bank on Friday, December 30. On Thursday, November 12 the stock rating was maintained by Macquarie Research with “Outperform”. The rating was upgraded by TH Capital on Monday, November 9 to “Buy”. Morgan Stanley downgraded it to “Equal-Weight” rating and $40 target in Wednesday, August 17 report. The company was downgraded on Thursday, August 20 by Zacks.