Cleveland-Cliffs Inc. (CLF) EPS Estimated At $0.54; Point72 Asia Hong Kong LTD Decreased By $3.32 Million Its China Lodging Group LTD (HTHT) Position

July 12, 2018 - By Mark Williams

Cleveland-Cliffs Inc. (NYSE:CLF) Logo

Point72 Asia Hong Kong Ltd decreased China Lodging Group Ltd (HTHT) stake by 40.16% reported in 2018Q1 SEC filing. Point72 Asia Hong Kong Ltd sold 25,376 shares as China Lodging Group Ltd (HTHT)’s stock rose 11.11%. The Point72 Asia Hong Kong Ltd holds 37,819 shares with $4.98M value, down from 63,195 last quarter. China Lodging Group Ltd now has $11.90B valuation. The stock decreased 1.21% or $0.5 during the last trading session, reaching $40.82. About 942,348 shares traded. Huazhu Group Limited (NASDAQ:HTHT) has risen 122.95% since July 12, 2017 and is uptrending. It has outperformed by 110.38% the S&P500. Some Historical HTHT News: 14/05/2018 – CHINA LODGING GROUP LTD – QTRLY EARNINGS PER ADS RMB 1.75; 14/05/2018 – China Lodging 1Q Rev $333.4M; 13/03/2018 CHINA LODGING GROUP LTD HTHT.O SEES FY 2018 REVENUE UP 16 TO 19 PCT; 20/04/2018 – CHINA LODGING GROUP, LIMITED REPORTS ADS RATIO CHANGE; 13/03/2018 – China Lodging 4Q Net 48c/ADS; 13/03/2018 – China Lodging 4Q Net $35.3M; 13/03/2018 – CHINA LODGING GROUP LTD – QTRLY ADJ SHR RMB 0.85; 20/04/2018 – CHINA LODGING CHANGES ADS TO ORDINARY SHR RATIO TO 1:1 FROM 1:4; 14/05/2018 – CHINA LODGING SEES 2Q REV. +24% TO +26%; 13/03/2018 – China Lodging Expects 2018 Net Revenue to Grow 16% to 19% From 2017

Analysts expect Cleveland-Cliffs Inc. (NYSE:CLF) to report $0.54 EPS on July, 20 before the open.They anticipate $0.28 EPS change or 107.69% from last quarter’s $0.26 EPS. CLF’s profit would be $160.76 million giving it 3.82 P/E if the $0.54 EPS is correct. After having $-0.08 EPS previously, Cleveland-Cliffs Inc.’s analysts see -775.00% EPS growth. The stock decreased 2.82% or $0.24 during the last trading session, reaching $8.26. About 11.03M shares traded or 19.21% up from the average. Cleveland-Cliffs Inc. (NYSE:CLF) has risen 31.89% since July 12, 2017 and is uptrending. It has outperformed by 19.32% the S&P500. Some Historical CLF News: 20/03/2018 – CLIFFS: ARTIFICIALLY CHEAP STEEL BENEFITS ONLY A FEW BUSINESSES; 01/05/2018 – TRUMP DECISION TO EXTEND EXEMPTIONS `REASONABLE,’ CLIFFS SAYS; 20/04/2018 – Cleveland-Cliffs: Revenue, Net Will Be Relatively Lower Than Historical Levels During 1st Quarter; 20/04/2018 – CLEVELAND-CLIFFS INC – 2018 SUSTAINING CAPITAL EXPECTATION OF $85 MLN WAS MAINTAINED; 15/05/2018 – Key Group Holdings (Cayman) Buys 2% of Cleveland-Cliffs; 20/04/2018 – Cleveland-Cliffs 1Q Rev $239M; 10/05/2018 – Western Australia in Talks Over Cliffs Depleted Iron Ore Mine; 06/04/2018 – CLEVELAND-CLIFFS – OF TOTAL CHARGES EXPECTED TO BE INCURRED, CO SEES FUTURE CAPEX OF ABOUT $120 MLN TO $140 MLN; 20/04/2018 – Cleveland-Cliffs Adopts Revenue Recognition Standard, Recognizes Cumulative Effect of Change as an Addition to the Opening Balance of Retained Earnings of $34 Million; 20/04/2018 – CLEVELAND-CLIFFS 1Q LOSS/SHR CONT OPS 29C

Point72 Asia Hong Kong Ltd increased Paypal Hldgs Inc stake by 5,610 shares to 6,567 valued at $498,000 in 2018Q1. It also upped Mylan N V (NASDAQ:MYL) stake by 8,226 shares and now owns 8,666 shares. Abbvie Inc (NYSE:ABBV) was raised too.

More news for Huazhu Group Limited (NASDAQ:HTHT) were recently published by: Nasdaq.com, which released: “Aggressive Investors Only: Buy This Stock for Quick Double-Digit Returns” on June 15, 2018. Nasdaq.com‘s article titled: “Jenny Zhang Appointed as Advisory Board Member (censeur) of AccorHotels’ Board of Directors” and published on July 05, 2018 is yet another important article.

Analysts await Huazhu Group Limited (NASDAQ:HTHT) to report earnings on August, 16. They expect $0.24 EPS, up 20.00% or $0.04 from last year’s $0.2 per share. HTHT’s profit will be $69.95 million for 42.52 P/E if the $0.24 EPS becomes a reality. After $0.14 actual EPS reported by Huazhu Group Limited for the previous quarter, Wall Street now forecasts 71.43% EPS growth.

Among 4 analysts covering China Lodging (NASDAQ:HTHT), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. China Lodging had 5 analyst reports since March 12, 2018 according to SRatingsIntel. The firm has “Overweight” rating by JP Morgan given on Friday, June 1.

Cleveland-Cliffs Inc., a mining and natural resources company, produces and supplies iron ore. The company has market cap of $2.46 billion. The firm operates four iron ore mines in Michigan and Minnesota; and Koolyanobbing iron ore mining complex located in Western Australia. It has a 8 P/E ratio. It sells its products to integrated steel companies and steel producers in the United States and the Asia Pacific.

Investors sentiment decreased to 0.2 in 2018 Q1. Its down 0.80, from 1 in 2017Q4. It is negative, as 4 investors sold Cleveland-Cliffs Inc. shares while 1 reduced holdings. 1 funds opened positions while 0 raised stakes. 23,300 shares or 77.50% less from 103,571 shares in 2017Q4 were reported. Capital Wealth Planning Ltd Liability Company holds 0.06% or 12,000 shares in its portfolio. Focused Wealth Mgmt Inc holds 11,300 shares.

Among 9 analysts covering Cleveland-Cliffs (NYSE:CLF), 5 have Buy rating, 1 Sell and 3 Hold. Therefore 56% are positive. Cleveland-Cliffs had 13 analyst reports since January 19, 2018 according to SRatingsIntel. Vertical Group downgraded the shares of CLF in report on Wednesday, March 14 to “Sell” rating. The stock of Cleveland-Cliffs Inc. (NYSE:CLF) earned “Equal-Weight” rating by Morgan Stanley on Friday, June 29. The firm has “Buy” rating by Seaport Global given on Wednesday, May 9. The firm earned “Buy” rating on Wednesday, June 6 by Citigroup. The rating was upgraded by Vertical Group on Friday, February 23 to “Hold”. As per Wednesday, February 7, the company rating was upgraded by Credit Suisse. Morgan Stanley maintained it with “Equal-Weight” rating and $7.5 target in Tuesday, April 24 report. The firm has “Hold” rating given on Thursday, January 25 by Cowen & Co. Jefferies maintained it with “Buy” rating and $9.5000 target in Friday, April 20 report. The stock of Cleveland-Cliffs Inc. (NYSE:CLF) has “Buy” rating given on Tuesday, April 17 by FBR Capital.

Another recent and important Cleveland-Cliffs Inc. (NYSE:CLF) news was published by Seekingalpha.com which published an article titled: “Cleveland-Cliffs: The CEO Is Right” on June 29, 2018.

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