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

H World Group Limited Sponsored ADR (NASDAQ:HTHT) has earned a consensus recommendation of “Buy” from the seven brokerages that are covering the company, Marketbeat reports. One analyst has rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $42.1333.

Several analysts have commented on the company. Hsbc Global Res upgraded H World Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 27th. Wall Street Zen downgraded H World Group from a “buy” rating to a “hold” rating in a report on Tuesday, January 6th. Benchmark boosted their target price on H World Group from $48.00 to $52.00 and gave the stock a “buy” rating in a research report on Tuesday, November 18th. Zacks Research downgraded shares of H World Group from a “strong-buy” rating to a “hold” rating in a report on Monday, January 5th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of H World Group in a report on Monday, December 29th.

Institutional Trading of H World Group

Several large investors have recently modified their holdings of the company. Schroder Investment Management Group lifted its holdings in H World Group by 5.5% in the third quarter. Schroder Investment Management Group now owns 13,177,593 shares of the company’s stock valued at $515,376,000 after acquiring an additional 690,149 shares during the period. Mitsubishi UFJ Trust & Banking Corp increased its position in shares of H World Group by 43.2% during 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 purchasing an additional 2,420,473 shares during the last quarter. Capital International Investors lifted its stake in shares of H World Group by 65.2% in the 3rd quarter. Capital International Investors now owns 4,850,844 shares of the company’s stock worth $189,717,000 after purchasing an additional 1,913,672 shares during the period. WFM ASIA BVI Ltd boosted its holdings in shares of H World Group by 65.8% in the second quarter. WFM ASIA BVI Ltd now owns 3,035,416 shares of the company’s stock worth $102,961,000 after buying an additional 1,204,300 shares during the last quarter. Finally, Kontiki Capital Management HK Ltd. bought a new stake in H World Group during the third quarter valued at approximately $96,804,000. Institutional investors own 46.41% of the company’s stock.

H World Group Trading Down 0.2%

NASDAQ:HTHT opened at $50.16 on Tuesday. H World Group has a one year low of $30.20 and a one year high of $51.46. 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 50-day simple moving average is $47.97 and its 200 day simple moving average is $40.72. The firm has a market capitalization of $15.44 billion, a P/E ratio of 28.83, a PEG ratio of 1.17 and a beta of 0.14.

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.