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

Shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) have earned a consensus recommendation of “Moderate Buy” from the five brokerages that are covering the firm, MarketBeat reports. Two research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $61.20.

Several equities analysts have recently commented on the stock. Zacks Research downgraded shares of H World Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 4th. Wall Street Zen raised H World Group from a “hold” rating to a “buy” rating in a research note on Sunday, July 12th. Finally, Weiss Ratings downgraded H World Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, May 18th.

Institutional Investors Weigh In On H World Group

A number of large investors have recently made changes to their positions in HTHT. TD Private Client Wealth LLC purchased a new stake in shares of H World Group in the 4th quarter worth about $45,000. EverSource Wealth Advisors LLC boosted its stake in shares of H World Group by 81.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,450 shares of the company’s stock valued at $49,000 after purchasing an additional 649 shares in the last quarter. iA Global Asset Management Inc. increased its position in shares of H World Group by 20.1% during the fourth quarter. iA Global Asset Management Inc. now owns 1,653 shares of the company’s stock valued at $78,000 after buying an additional 277 shares during the period. Summit Securities Group LLC purchased a new position in shares of H World Group during the first quarter valued at about $85,000. Finally, Caitong International Asset Management Co. Ltd bought a new position in H World Group in the third quarter worth about $66,000. 46.41% of the stock is currently owned by institutional investors.

H World Group Trading Down 0.4%

Shares of HTHT opened at $40.47 on Tuesday. The stock has a market capitalization of $12.45 billion, a P/E ratio of 18.15, a PEG ratio of 1.13 and a beta of 0.13. 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 firm has a fifty day simple moving average of $43.13 and a two-hundred day simple moving average of $48.30. H World Group has a twelve month low of $30.41 and a twelve month high of $56.63.

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.