According to Zacks, “GreenTree Hospitality Group Ltd. operates as a franchised hotel operator. It operates business chain hotels, serviced apartments, shell inns and hostels. The company’s properties include GreenTree Eastern Hotel, GreenTree Inn, GreenTree Alliance Hotel and Vatica Hotel. GreenTree Hospitality Group Ltd. is based in Shanghai, China. “
A number of other analysts have also recently issued reports on GHG. CLSA restated an outperform rating on shares of GreenTree Hospitality Group in a research report on Wednesday, February 5th. ValuEngine cut GreenTree Hospitality Group from a hold rating to a sell rating in a research report on Friday, March 13th. Finally, TheStreet upgraded GreenTree Hospitality Group from a d+ rating to a c- rating in a research report on Thursday, December 12th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the stock. GreenTree Hospitality Group currently has an average rating of Hold and a consensus price target of $15.30.
GHG opened at $11.14 on Monday. The stock has a market cap of $1.14 billion, a PE ratio of 18.57, a P/E/G ratio of 1.58 and a beta of 1.28. GreenTree Hospitality Group has a 1 year low of $9.38 and a 1 year high of $15.99. The stock’s 50 day simple moving average is $11.67 and its 200-day simple moving average is $11.37.
A number of large investors have recently made changes to their positions in GHG. Ontario Teachers Pension Plan Board bought a new stake in GreenTree Hospitality Group in the fourth quarter valued at $6,743,000. Renaissance Technologies LLC grew its position in GreenTree Hospitality Group by 10.7% in the fourth quarter. Renaissance Technologies LLC now owns 377,167 shares of the company’s stock valued at $4,149,000 after acquiring an additional 36,419 shares during the period. Westwood Global Investments LLC grew its position in GreenTree Hospitality Group by 3.1% in the fourth quarter. Westwood Global Investments LLC now owns 959,386 shares of the company’s stock valued at $10,553,000 after acquiring an additional 29,262 shares during the period. Envestnet Asset Management Inc. bought a new stake in GreenTree Hospitality Group in the fourth quarter valued at $125,000. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in shares of GreenTree Hospitality Group by 52.4% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 16,000 shares of the company’s stock worth $176,000 after purchasing an additional 5,500 shares during the last quarter. Hedge funds and other institutional investors own 13.24% of the company’s stock.
GreenTree Hospitality Group Company Profile
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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