H World Group (NASDAQ:HTHT) Lowered to Hold Rating by HSBC

H World Group (NASDAQ:HTHT) was downgraded by analysts at HSBC from a “buy” rating to a “hold” rating in a report released on Wednesday, MarketBeat Ratings reports. They presently have a $32.40 price target on the stock. HSBC’s target price points to a potential upside of 2.86% from the stock’s current price.

Separately, Benchmark lowered their target price on shares of H World Group from $53.00 to $48.00 and set a “buy” rating on the stock in a research report on Wednesday, November 27th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, H World Group currently has an average rating of “Moderate Buy” and an average price target of $44.40.

H World Group Trading Up 2.5 %

H World Group stock opened at $31.50 on Wednesday. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.88 and a quick ratio of 0.87. The company has a market capitalization of $9.87 billion, a price-to-earnings ratio of 19.09, a PEG ratio of 1.11 and a beta of 0.70. H World Group has a one year low of $27.03 and a one year high of $42.98. The company’s fifty day moving average price is $32.58 and its two-hundred day moving average price is $33.11.

H World Group (NASDAQ:HTHT) last posted its earnings results on Tuesday, November 26th. The company reported $0.58 EPS for the quarter, missing the consensus estimate of $0.67 by ($0.09). H World Group had a return on equity of 30.41% and a net margin of 15.97%. During the same quarter last year, the company earned $0.56 EPS. On average, analysts forecast that H World Group will post 1.65 earnings per share for the current fiscal year.

Institutional Investors Weigh In On H World Group

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Blue Trust Inc. grew its position in H World Group by 293.2% during the third quarter. Blue Trust Inc. now owns 4,817 shares of the company’s stock worth $179,000 after buying an additional 3,592 shares in the last quarter. US Bancorp DE lifted its stake in H World Group by 21.2% during the fourth quarter. US Bancorp DE now owns 4,839 shares of the company’s stock worth $160,000 after purchasing an additional 845 shares during the period. Greenleaf Trust bought a new position in H World Group during the third quarter worth about $210,000. Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in H World Group by 11.9% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 8,778 shares of the company’s stock worth $290,000 after purchasing an additional 936 shares during the period. Finally, Point72 Hong Kong Ltd bought a new position in H World Group during the third quarter worth about $418,000. 46.41% of the stock is owned by institutional investors and hedge funds.

H World Group Company Profile

H World Group Limited develops leased and owned, manachised, and franchised hotels in the People's Republic of China. The company operates hotels under its own brands, such as HanTing Hotel, Ni Hao Hotel, Hi Inn, Elan Hotel, Zleep Hotels, Ibis Hotel, JI Hotel, Orange Hotel, Starway Hotel, Ibis Styles Hotel, CitiGO Hotel, Crystal Orange Hotel, IntercityHotel, Manxin Hotel, Mercure Hotel, Madison Hotel, Novotel Hotel, Joya Hotel, Blossom House, Steigenberger Hotels & Resorts, MAXX by Steigenberger, Jaz in the City, Grand Mercure, Steigenberger Icon, and Song Hotels.