H World Group (NASDAQ:HTHT) Stock Rating Upgraded by Wall Street Zen

H World Group (NASDAQ:HTHT) was upgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued on Monday.

HTHT has been the subject of a number of other research reports. Hsbc Global Res raised H World Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 27th. Weiss Ratings reissued a “buy (b-)” rating on shares of H World Group in a report on Monday, December 22nd. Zacks Research upgraded shares of H World Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 7th. HSBC upgraded shares of H World Group from a “hold” rating to a “buy” rating in a research report on Monday, October 27th. Finally, Benchmark lifted their price objective on shares of H World Group from $48.00 to $52.00 and gave the company a “buy” rating in a research note on Tuesday, November 18th. Two investment analysts have rated the stock with a Strong Buy rating and five have given a Buy rating to the company. According to MarketBeat.com, H World Group currently has an average rating of “Buy” and a consensus target price of $42.13.

H World Group Price Performance

Shares of NASDAQ HTHT opened at $48.48 on Monday. The stock has a market capitalization of $14.93 billion, a PE ratio of 27.86, a P/E/G ratio of 1.37 and a beta of 0.12. 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 business has a fifty day moving average price of $44.47 and a two-hundred day moving average price of $38.46. H World Group has a fifty-two week low of $30.13 and a fifty-two week high of $49.49.

Hedge Funds Weigh In On H World Group

Institutional investors have recently added to or reduced their stakes in the stock. Rhumbline Advisers increased its holdings in H World Group by 1.3% in the third quarter. Rhumbline Advisers now owns 27,305 shares of the company’s stock valued at $1,068,000 after purchasing an additional 352 shares during the period. Ethic Inc. grew its position in shares of H World Group by 5.5% in the 2nd quarter. Ethic Inc. now owns 7,125 shares of the company’s stock valued at $244,000 after buying an additional 372 shares during the last quarter. Asset Management One Co. Ltd. increased its stake in shares of H World Group by 1.4% in the third quarter. Asset Management One Co. Ltd. now owns 33,228 shares of the company’s stock valued at $1,300,000 after buying an additional 466 shares during the period. EverSource Wealth Advisors LLC raised 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 worth $49,000 after acquiring an additional 649 shares during the last quarter. Finally, USA Financial Formulas acquired a new position in shares of H World Group in the second quarter worth approximately $28,000. 46.41% of the stock is currently owned by institutional investors and hedge funds.

H World Group Company Profile

H World Group, formerly known as Huazhu Group, is a leading hotel management and franchising company primarily serving the China market. The company operates a broad portfolio of midscale to luxury hotel brands, including Hi Inn, Blossom, Manxin, Madison International, Joya, Grand Mercure, Novotel, Mercure and ibis. Through a network of both directly managed and franchised properties, H World Group caters to business and leisure travelers by offering consistent service standards and loyalty benefits across its brands.

In addition to its core hotel operations, H World Group provides technology-driven hospitality solutions such as centralized reservation systems, revenue management platforms and customer relationship management tools.