H World Group (NASDAQ:HTHT) Rating Lowered to “Hold” at Wall Street Zen

H World Group (NASDAQ:HTHT) was downgraded by investment analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

Separately, Zacks Research upgraded shares of H World Group from a “strong sell” rating to a “hold” rating in a report on Thursday, August 28th. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $40.80.

H World Group Trading Up 1.8%

NASDAQ HTHT opened at $38.78 on Friday. The company’s 50-day moving average price is $34.57 and its 200-day moving average price is $35.04. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.32. The stock has a market cap of $11.90 billion, a PE ratio of 23.36, a PEG ratio of 1.82 and a beta of 0.35. H World Group has a 12 month low of $29.11 and a 12 month high of $42.98.

Hedge Funds Weigh In On H World Group

Hedge funds and other institutional investors have recently modified their holdings of the stock. USA Financial Formulas purchased a new position in shares of H World Group in the 2nd quarter valued at approximately $28,000. Brooklyn Investment Group purchased a new position in H World Group during the 1st quarter worth approximately $40,000. Hantz Financial Services Inc. raised its position in H World Group by 575.7% during the 2nd quarter. Hantz Financial Services Inc. now owns 1,446 shares of the company’s stock worth $49,000 after buying an additional 1,232 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in H World Group by 81.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,450 shares of the company’s stock worth $49,000 after buying an additional 649 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd purchased a new position in H World Group during the 1st quarter worth approximately $51,000. 46.41% of the stock is owned by hedge funds and other 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.