H World Group Limited (NASDAQ:HTHT) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of H World Group Limited (NASDAQ:HTHT) have been given a consensus recommendation of “Moderate Buy” by the seven brokerages that are currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $44.40.

Several analysts have recently weighed in on the stock. Hsbc Global Res cut shares of H World Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 4th. Benchmark lowered their price objective on H World Group from $53.00 to $48.00 and set a “buy” rating for the company in a research report on Wednesday, November 27th. Finally, HSBC downgraded H World Group from a “buy” rating to a “hold” rating and set a $32.40 target price on the stock. in a research report on Wednesday, February 5th.

H World Group Price Performance

NASDAQ:HTHT opened at $32.57 on Wednesday. The stock has a 50 day moving average price of $32.59 and a 200 day moving average price of $33.16. The stock has a market cap of $10.21 billion, a PE ratio of 19.74, a P/E/G ratio of 1.09 and a beta of 0.70. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.87 and a current ratio of 0.88. H World Group has a one year low of $27.03 and a one year high of $42.98.

H World Group (NASDAQ:HTHT) last posted its quarterly 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 period in the previous year, the business posted $0.56 EPS. Equities research analysts expect that H World Group will post 1.65 EPS for the current fiscal year.

Institutional Investors Weigh In On H World Group

Institutional investors have recently modified their holdings of the company. Daiwa Securities Group Inc. acquired a new position in H World Group during the 4th quarter worth about $33,000. US Bancorp DE lifted its position in shares of 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 in the last quarter. Blue Trust Inc. boosted its stake in shares of H World Group by 293.2% in the third quarter. Blue Trust Inc. now owns 4,817 shares of the company’s stock valued at $179,000 after purchasing an additional 3,592 shares during the period. Greenleaf Trust acquired a new position in shares of H World Group in the third quarter valued at approximately $210,000. Finally, Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in H World Group by 11.9% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 8,778 shares of the company’s stock worth $290,000 after buying an additional 936 shares during the period. 46.41% of the stock is owned by institutional investors and hedge funds.

About H World Group

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.