H World Group (NASDAQ:HTHT) Cut to “Hold” at Wall Street Zen

H World Group (NASDAQ:HTHT) was downgraded by Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday.

Other equities research analysts also recently issued research reports about the stock. Weiss Ratings restated a “buy (b-)” rating on shares of H World Group in a research note on Monday, December 29th. Hsbc Global Res raised shares of H World Group from a “hold” rating to a “strong-buy” rating in a report on Monday, October 27th. Benchmark boosted their price objective on shares of H World Group from $48.00 to $52.00 and gave the stock a “buy” rating in a report on Tuesday, November 18th. HSBC raised shares of H World Group from a “hold” rating to a “buy” rating in a research report on Monday, October 27th. Finally, Zacks Research raised H World Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 7th. Two analysts have rated the stock with a Strong Buy rating and five have given a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $42.13.

H World Group Trading Up 1.2%

Shares of NASDAQ:HTHT opened at $48.56 on Tuesday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.84 and a current ratio of 0.85. The stock’s 50-day moving average is $45.56 and its 200-day moving average is $39.05. The company has a market cap of $14.95 billion, a P/E ratio of 27.91, a P/E/G ratio of 1.12 and a beta of 0.14. H World Group has a 52-week low of $30.13 and a 52-week high of $49.49.

Institutional Trading of H World Group

A number of large investors have recently bought and sold shares of the stock. Schroder Investment Management Group lifted its stake in shares of H World Group by 5.5% during the third quarter. Schroder Investment Management Group now owns 13,177,593 shares of the company’s stock valued at $515,376,000 after acquiring an additional 690,149 shares during the period. Mitsubishi UFJ Trust & Banking Corp raised its holdings in H World Group by 43.2% during the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 8,026,731 shares of the company’s stock worth $313,925,000 after purchasing an additional 2,420,473 shares during the last quarter. Capital International Investors lifted its position in H World Group by 65.2% during the 3rd quarter. Capital International Investors now owns 4,850,844 shares of the company’s stock valued at $189,717,000 after purchasing an additional 1,913,672 shares during the period. WFM ASIA BVI Ltd boosted its stake in shares of H World Group by 65.8% in the 2nd quarter. WFM ASIA BVI Ltd now owns 3,035,416 shares of the company’s stock valued at $102,961,000 after purchasing an additional 1,204,300 shares during the last quarter. Finally, Kontiki Capital Management HK Ltd. acquired a new stake in shares of H World Group during the 3rd quarter worth approximately $96,804,000. 46.41% of the stock is currently owned by institutional investors.

About H World Group

H World Group, formerly known as Huazhu Group, is a leading hotel management and franchising company primarily serving the China market. The company operates a broad portfolio of midscale to luxury hotel brands, including Hi Inn, Blossom, Manxin, Madison International, Joya, Grand Mercure, Novotel, Mercure and ibis. Through a network of both directly managed and franchised properties, H World Group caters to business and leisure travelers by offering consistent service standards and loyalty benefits across its brands.

In addition to its core hotel operations, H World Group provides technology-driven hospitality solutions such as centralized reservation systems, revenue management platforms and customer relationship management tools.