Wall Street Zen Downgrades H World Group (NASDAQ:HTHT) to Hold

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

A number of other equities research analysts have also recently commented on the company. Weiss Ratings reiterated a “buy (b-)” rating on shares of H World Group in a report on Monday, December 29th. HSBC upgraded H World Group from a “hold” rating to a “buy” rating in a research report on Monday, October 27th. Zacks Research cut H World Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 5th. Finally, Benchmark upped their target price on shares of H World Group from $48.00 to $52.00 and gave the company a “buy” rating in a report on Tuesday, November 18th. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, H World Group currently has an average rating of “Moderate Buy” and a consensus price target of $47.00.

H World Group Stock Performance

Shares of HTHT opened at $52.53 on Friday. The company has a current ratio of 0.85, a quick ratio of 0.84 and a debt-to-equity ratio of 0.32. The stock has a market cap of $16.17 billion, a P/E ratio of 30.19, a PEG ratio of 1.24 and a beta of 0.16. The company has a 50-day moving average of $49.18 and a two-hundred day moving average of $42.29. H World Group has a 12-month low of $30.20 and a 12-month high of $55.25.

Hedge Funds Weigh In On H World Group

Several institutional investors and hedge funds have recently bought and sold shares of HTHT. iA Global Asset Management Inc. boosted its holdings in shares of H World Group by 20.1% in the 4th quarter. iA Global Asset Management Inc. now owns 1,653 shares of the company’s stock valued at $78,000 after purchasing an additional 277 shares during the last quarter. Rhumbline Advisers grew its position 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 acquiring an additional 352 shares in the last quarter. Ethic Inc. grew its position in H World Group by 5.5% in the second quarter. Ethic Inc. now owns 7,125 shares of the company’s stock valued at $244,000 after acquiring an additional 372 shares in the last quarter. Asset Management One Co. Ltd. raised its stake in shares of H World Group by 1.4% during the third quarter. Asset Management One Co. Ltd. now owns 33,228 shares of the company’s stock valued at $1,300,000 after purchasing an additional 466 shares during the period. Finally, Federation des caisses Desjardins du Quebec lifted its position in shares of H World Group by 5.2% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 9,899 shares of the company’s stock worth $466,000 after purchasing an additional 486 shares in the last quarter. Institutional investors and hedge funds own 46.41% of the company’s stock.

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.