H World Group Limited Sponsored ADR (NASDAQ:HTHT) Given Average Recommendation of “Buy” by Analysts

H World Group Limited Sponsored ADR (NASDAQ:HTHT) has received a consensus rating of “Buy” from the five research firms that are presently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $61.20.

A number of research analysts have weighed in on the stock. UBS Group upgraded shares of H World Group from a “neutral” rating to a “buy” rating and set a $62.40 target price on the stock in a research note on Monday, March 9th. Benchmark boosted their price objective on H World Group from $52.00 to $60.00 and gave the company a “buy” rating in a research note on Thursday, March 19th. Wall Street Zen upgraded H World Group from a “hold” rating to a “buy” rating in a research note on Sunday. Zacks Research raised shares of H World Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 19th. Finally, Weiss Ratings downgraded shares of H World Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, May 18th.

H World Group Stock Performance

Shares of HTHT stock opened at $44.89 on Monday. H World Group has a 52-week low of $30.41 and a 52-week high of $56.63. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.93 and a current ratio of 0.93. The company has a 50-day simple moving average of $49.73 and a two-hundred day simple moving average of $49.52. The company has a market capitalization of $13.80 billion, a price-to-earnings ratio of 20.13, a PEG ratio of 1.24 and a beta of 0.11.

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

H World Group Announces Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, May 20th. Investors of record on Monday, May 4th were issued a $1.30 dividend. The ex-dividend date of this dividend was Monday, May 4th. This represents a yield of 542.0%. H World Group’s dividend payout ratio (DPR) is 114.80%.

Insider Buying and Selling

In related news, Director Theng Fong Hee sold 31,640 shares of the firm’s stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $50.96, for a total value of $1,612,374.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 49.40% of the company’s stock.

Institutional Trading of H World Group

Institutional investors and hedge funds have recently bought and sold shares of the company. TD Private Client Wealth LLC purchased a new stake in H World Group in the 4th quarter worth approximately $45,000. EverSource Wealth Advisors LLC lifted its stake in H World Group by 81.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,450 shares of the company’s stock worth $49,000 after purchasing an additional 649 shares in the last quarter. iA Global Asset Management Inc. lifted its stake in H World Group by 20.1% in the 4th quarter. iA Global Asset Management Inc. now owns 1,653 shares of the company’s stock worth $78,000 after purchasing an additional 277 shares in the last quarter. Summit Securities Group LLC purchased a new stake in H World Group in the 1st quarter worth approximately $85,000. Finally, Caitong International Asset Management Co. Ltd purchased a new stake in H World Group in the 3rd quarter worth approximately $66,000. 46.41% of the stock is currently owned by hedge funds and other institutional investors.

H World Group Company Profile

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.