H World Group (NASDAQ:HTHT) Upgraded at Wall Street Zen

H World Group (NASDAQ:HTHT) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report issued on Sunday.

HTHT has been the subject of a number of other research reports. UBS Group upgraded H World Group from a “neutral” rating to a “buy” rating and set a $62.40 price target for the company in a research report on Monday, March 9th. Weiss Ratings cut H World Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, May 18th. Benchmark increased their target price on H World Group from $52.00 to $60.00 and gave the stock a “buy” rating in a research report on Thursday, March 19th. Finally, Zacks Research upgraded H World Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 19th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $61.20.

H World Group Stock Performance

Shares of HTHT opened at $44.89 on Friday. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.49. The business has a 50-day simple moving average of $49.73 and a two-hundred day simple moving average of $49.48. The stock has a market cap of $13.80 billion, a price-to-earnings ratio of 20.13, a PEG ratio of 1.24 and a beta of 0.15. H World Group has a 52 week low of $30.41 and a 52 week high of $56.63.

H World Group (NASDAQ:HTHT) last issued its quarterly earnings results on Saturday, February 14th. The company reported $0.06 EPS for the quarter. The business had revenue of $932.62 million during the quarter. H World Group had a return on equity of 39.73% and a net margin of 19.22%. On average, analysts expect that H World Group will post 2.47 EPS for the current year.

Insider Buying and Selling

In related news, Director Theng Fong Hee sold 31,640 shares of the stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $50.96, for a total transaction of $1,612,374.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 49.40% of the company’s stock.

Hedge Funds Weigh In On H World Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Schroder Investment Management Group boosted its stake in 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 buying an additional 690,149 shares during the last quarter. Capital International Investors boosted its stake in H World Group by 71.8% during the fourth quarter. Capital International Investors now owns 8,334,604 shares of the company’s stock valued at $392,143,000 after buying an additional 3,483,760 shares during the last quarter. Kontiki Capital Management HK Ltd. boosted its stake in H World Group by 49.6% during the fourth quarter. Kontiki Capital Management HK Ltd. now owns 3,703,788 shares of the company’s stock valued at $174,263,000 after buying an additional 1,228,617 shares during the last quarter. Capitolis Liquid Global Markets LLC bought a new position in H World Group during the third quarter valued at approximately $87,153,000. Finally, Generation Investment Management LLP lifted its stake in shares of H World Group by 0.3% in the 3rd quarter. Generation Investment Management LLP now owns 1,492,241 shares of the company’s stock valued at $58,362,000 after purchasing an additional 4,428 shares during the last quarter. 46.41% of the stock is 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.