H World Group (NASDAQ:HTHT) Upgraded at Zacks Research

Zacks Research upgraded shares of H World Group (NASDAQ:HTHT) from a strong sell rating to a hold rating in a research report released on Thursday,Zacks.com reports.

Separately, JPMorgan Chase & Co. dropped their price target on shares of H World Group from $43.00 to $42.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 21st. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $40.80.

H World Group Trading Down 0.6%

H World Group stock opened at $36.85 on Thursday. H World Group has a 12 month low of $28.27 and a 12 month high of $42.98. The company has a market capitalization of $11.31 billion, a price-to-earnings ratio of 22.20, a price-to-earnings-growth ratio of 1.76 and a beta of 0.47. The business’s fifty day simple moving average is $33.51 and its two-hundred day simple moving average is $34.92. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.32.

H World Group Dividend Announcement

The firm also recently announced a semi-annual dividend, which will be paid on Friday, September 26th. Shareholders of record on Tuesday, September 9th will be given a $0.79 dividend. The ex-dividend date of this dividend is Tuesday, September 9th. This represents a yield of 480.0%. H World Group’s payout ratio is 114.46%.

Institutional Trading of H World Group

A number of large investors have recently made changes to their positions in the stock. Ethic Inc. lifted its position in H World Group by 5.5% during the second quarter. Ethic Inc. now owns 7,125 shares of the company’s stock valued at $244,000 after purchasing an additional 372 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in H World Group by 7.4% during the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 9,424 shares of the company’s stock valued at $349,000 after buying an additional 646 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings 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 buying an additional 649 shares during the period. Skandinaviska Enskilda Banken AB publ lifted its holdings in shares of H World Group by 2.1% during the 1st quarter. Skandinaviska Enskilda Banken AB publ now owns 39,500 shares of the company’s stock valued at $1,462,000 after buying an additional 800 shares during the period. Finally, USA Financial Formulas purchased a new position in shares of H World Group in the 2nd quarter worth $28,000. 46.41% of the stock is currently owned by institutional investors.

About H World Group

H World Group Limited develops leased and owned, manachised, and franchised hotels 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.