Analysts Set H World Group Limited Sponsored ADR (NASDAQ:HTHT) Target Price at $40.80

H World Group Limited Sponsored ADR (NASDAQ:HTHT) has earned an average recommendation of “Moderate Buy” from the six ratings firms that are covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $40.80.

A number of research analysts have weighed in on HTHT shares. Zacks Research raised shares of H World Group from a “strong sell” rating to a “hold” rating in a research note on Thursday, August 28th. JPMorgan Chase & Co. dropped their price objective 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.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in HTHT. Ethic Inc. lifted its position in shares of 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 in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in shares of H World Group by 7.4% during the first quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 9,424 shares of the company’s stock valued at $349,000 after purchasing an additional 646 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of H World Group by 81.0% during the second 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. Skandinaviska Enskilda Banken AB publ lifted its position in shares of H World Group by 2.1% during the first quarter. Skandinaviska Enskilda Banken AB publ now owns 39,500 shares of the company’s stock valued at $1,462,000 after purchasing an additional 800 shares in the last quarter. Finally, USA Financial Formulas bought a new position in shares of H World Group during the second quarter valued at about $28,000. 46.41% of the stock is owned by institutional investors.

H World Group Trading Down 0.6%

NASDAQ:HTHT opened at $36.85 on Friday. H World Group has a 12 month low of $28.27 and a 12 month high of $42.98. The stock has a market capitalization of $11.31 billion, a price-to-earnings ratio of 22.20, a PEG ratio of 1.76 and a beta of 0.35. The firm has a fifty day simple moving average of $33.57 and a two-hundred day simple moving average of $34.93. 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 disclosed a semi-annual dividend, which will be paid on Friday, September 26th. Shareholders of record on Tuesday, September 9th will be paid a $0.79 dividend. This represents a dividend yield of 480.0%. The ex-dividend date of this dividend is Tuesday, September 9th. H World Group’s dividend payout ratio (DPR) is 114.46%.

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.