H World Group (NASDAQ:HTHT) Downgraded by Wall Street Zen to “Hold”

H World Group (NASDAQ:HTHT) was downgraded by stock analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued to investors on Monday.

Several other equities analysts also recently commented on HTHT. Zacks Research downgraded H World Group from a “strong-buy” rating to a “hold” rating in a report on Thursday. Benchmark boosted their price objective on shares of H World Group from $52.00 to $60.00 and gave the stock a “buy” rating in a research note on Thursday, March 19th. 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. 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. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $61.20.

H World Group Price Performance

NASDAQ HTHT opened at $45.00 on Monday. H World Group has a fifty-two week low of $30.41 and a fifty-two week high of $56.63. The stock’s 50-day moving average is $49.20 and its two-hundred day moving average is $49.51. The firm has a market cap of $13.84 billion, a P/E ratio of 20.18, a price-to-earnings-growth ratio of 1.24 and a beta of 0.11. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.93 and a quick ratio of 0.93.

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

Insider Buying and Selling at H World Group

In other H World Group news, Director Theng Fong Hee sold 31,640 shares of the stock in a transaction dated 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 legal filing with the SEC, which is available through this link. 49.40% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Parallel Advisors LLC boosted its stake in shares of H World Group by 16.7% in the first quarter. Parallel Advisors LLC now owns 1,773 shares of the company’s stock valued at $89,000 after buying an additional 254 shares during the period. Rovida Investment Management Ltd bought a new position in H World Group during the 1st quarter worth $10,058,000. Oddo BHF Asset Management Sas raised its holdings in H World Group by 16.7% in the 1st quarter. Oddo BHF Asset Management Sas now owns 4,900 shares of the company’s stock valued at $246,000 after acquiring an additional 700 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of H World Group by 57.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 2,395 shares of the company’s stock valued at $120,000 after acquiring an additional 872 shares during the period. Finally, California State Teachers Retirement System lifted its position in shares of H World Group by 51.0% during the 1st quarter. California State Teachers Retirement System now owns 53,642 shares of the company’s stock valued at $2,698,000 after acquiring an additional 18,109 shares during the period. Institutional investors and hedge funds own 46.41% of the company’s stock.

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.