H World Group Limited Sponsored ADR (NASDAQ:HTHT) Receives Consensus Rating of “Buy” from Analysts

H World Group Limited Sponsored ADR (NASDAQ:HTHT) has been given an average recommendation of “Buy” by the seven research firms that are currently covering the firm, Marketbeat reports. One research analyst has rated the stock with a hold recommendation, four have given a buy recommendation and two have given a strong buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $42.1333.

HTHT has been the topic of several recent analyst reports. Zacks Research raised shares of H World Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 7th. Wall Street Zen cut H World Group from a “buy” rating to a “hold” rating in a report on Saturday, November 22nd. Hsbc Global Res raised H World Group from a “hold” rating to a “strong-buy” rating in a report on Monday, October 27th. Benchmark boosted their price objective on H World Group from $48.00 to $52.00 and gave the company a “buy” rating in a research report on Tuesday, November 18th. Finally, HSBC upgraded H World Group from a “hold” rating to a “buy” rating in a research report on Monday, October 27th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Schroder Investment Management Group increased its position in H World Group by 5.5% during the third quarter. Schroder Investment Management Group now owns 13,177,593 shares of the company’s stock worth $515,376,000 after purchasing an additional 690,149 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp grew its stake in shares of H World Group by 43.2% in the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 8,026,731 shares of the company’s stock valued at $313,925,000 after buying an additional 2,420,473 shares during the period. Temasek Holdings Private Ltd increased its holdings in shares of H World Group by 66.5% during the 1st quarter. Temasek Holdings Private Ltd now owns 6,856,300 shares of the company’s stock worth $253,752,000 after buying an additional 2,738,772 shares during the last quarter. Generation Investment Management LLP increased its holdings in shares of H World Group by 8.2% during the 1st quarter. Generation Investment Management LLP now owns 5,213,875 shares of the company’s stock worth $192,966,000 after buying an additional 395,042 shares during the last quarter. Finally, Capital International Investors raised its position in shares of H World Group by 65.2% during the 3rd quarter. Capital International Investors now owns 4,850,844 shares of the company’s stock valued at $189,717,000 after buying an additional 1,913,672 shares during the period. Hedge funds and other institutional investors own 46.41% of the company’s stock.

H World Group Stock Up 1.5%

NASDAQ:HTHT opened at $47.90 on Monday. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.85 and a quick ratio of 0.84. The company’s fifty day moving average price is $41.43 and its 200-day moving average price is $37.12. H World Group has a 1-year low of $30.13 and a 1-year high of $47.97. The firm has a market capitalization of $14.75 billion, a P/E ratio of 27.53, a PEG ratio of 1.35 and a beta of 0.12.

H World Group Company Profile

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.