H World Group Limited Sponsored ADR (NASDAQ:HTHT) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) have earned a consensus recommendation of “Moderate Buy” from the five analysts that are presently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $61.20.

A number of brokerages recently weighed in on HTHT. UBS Group raised H World Group from a “neutral” rating to a “buy” rating and set a $62.40 price objective on the stock in a report on Monday, March 9th. Benchmark raised their price objective on H World Group from $52.00 to $60.00 and gave the company a “buy” rating in a report on Thursday, March 19th. Zacks Research cut H World Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 4th. Wall Street Zen cut H World Group from a “buy” rating to a “hold” rating in a report on Monday, June 8th. Finally, Weiss Ratings cut H World Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, May 18th.

Hedge Funds Weigh In On H World Group

A number of large investors have recently added to or reduced their stakes in the business. Schroder Investment Management Group raised its position in H World Group by 5.5% in the 3rd quarter. Schroder Investment Management Group now owns 13,177,593 shares of the company’s stock worth $515,376,000 after purchasing an additional 690,149 shares during the period. Capital International Investors lifted its position in H World Group by 71.8% in the fourth quarter. Capital International Investors now owns 8,334,604 shares of the company’s stock valued at $392,143,000 after purchasing an additional 3,483,760 shares during the last quarter. Kontiki Capital Management HK Ltd. lifted its position in H World Group by 49.6% in 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 purchasing an additional 1,228,617 shares during the last quarter. Capitolis Liquid Global Markets LLC bought a new stake in H World Group in the third quarter valued at approximately $87,153,000. Finally, Renaissance Technologies LLC lifted its position in H World Group by 11.1% in the first quarter. Renaissance Technologies LLC now owns 1,392,185 shares of the company’s stock valued at $70,013,000 after purchasing an additional 139,300 shares during the last quarter. Hedge funds and other institutional investors own 46.41% of the company’s stock.

H World Group Stock Performance

H World Group stock opened at $41.39 on Friday. The firm’s fifty day moving average price is $46.87 and its 200-day moving average price is $49.24. 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 stock has a market cap of $12.73 billion, a P/E ratio of 18.56, a price-to-earnings-growth ratio of 1.15 and a beta of 0.11. H World Group has a fifty-two week low of $30.41 and a fifty-two week high of $56.63.

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

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.