H World Group (NASDAQ:HTHT) Shares Gap Down to $39.39

Shares of H World Group Limited (NASDAQ:HTHT) gapped down prior to trading on Friday . The stock had previously closed at $39.39, but opened at $38.32. H World Group shares last traded at $38.31, with a volume of 117,511 shares trading hands.

Analyst Ratings Changes

A number of brokerages recently weighed in on HTHT. JPMorgan Chase & Co. upped their price target on shares of H World Group from $40.00 to $45.00 and gave the stock an “overweight” rating in a research report on Friday, March 22nd. Benchmark reiterated a “buy” rating and issued a $64.00 target price on shares of H World Group in a research note on Friday, March 22nd. Finally, Bank of America reduced their price target on H World Group from $51.00 to $43.00 and set a “buy” rating on the stock in a research report on Wednesday, March 13th. One equities research analyst has rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, H World Group currently has a consensus rating of “Moderate Buy” and an average price target of $50.67.

H World Group Trading Down 4.8 %

The business’s 50-day simple moving average is $37.00 and its two-hundred day simple moving average is $35.69. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $12.24 billion, a PE ratio of 21.30, a PEG ratio of 1.31 and a beta of 0.92.

H World Group (NASDAQ:HTHT) last issued its quarterly earnings results on Wednesday, March 20th. The company reported $0.33 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.02. H World Group had a return on equity of 31.50% and a net margin of 18.62%. The firm had revenue of $786.00 million during the quarter, compared to the consensus estimate of $759.99 million. On average, analysts predict that H World Group Limited will post 1.94 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Advisor Group Holdings Inc. lifted its position in shares of H World Group by 41.9% during the fourth quarter. Advisor Group Holdings Inc. now owns 759 shares of the company’s stock worth $33,000 after purchasing an additional 224 shares during the last quarter. Atlas Capital Advisors LLC acquired a new stake in H World Group during the first quarter valued at approximately $54,000. FMR LLC lifted its holdings in H World Group by 43.6% during the 2nd quarter. FMR LLC now owns 1,460 shares of the company’s stock worth $56,000 after buying an additional 443 shares during the last quarter. 1832 Asset Management L.P. acquired a new position in shares of H World Group in the 4th quarter worth approximately $68,000. Finally, Tower Research Capital LLC TRC increased its holdings in shares of H World Group by 3,427.3% in the 3rd quarter. Tower Research Capital LLC TRC now owns 1,940 shares of the company’s stock valued at $76,000 after acquiring an additional 1,885 shares during the last quarter. 46.41% of the stock is currently owned by institutional investors.

H World Group Company Profile

H World Group Limited, together with its subsidiaries, develops leased and owned, manachised, and franchised hotels primarily in the People's Republic of China. The company operates hotels under its own brands, such as HanTing Hotel, Ni Hao Hotel, Hi Inn, Elan Hotel, Zleep Hotels, Ibis Hotel, JI Hotel, Orange Hotel, Starway Hotel, Ibis Styles Hotel, CitiGO Hotel, Crystal Orange Hotel, IntercityHotel, Manxin Hotel, Mercure Hotel, Madison Hotel, Novotel Hotel, Joya Hotel, Blossom House, Steigenberger Hotels & Resorts, MAXX by Steigenberger, Jaz in the City, Grand Mercure, Steigenberger Icon, and Song Hotels.