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

H World Group Limited Sponsored ADR (NASDAQ:HTHT) has been assigned a consensus recommendation of “Moderate Buy” from the six analysts that are presently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $47.00.

HTHT has been the subject of a number of recent analyst reports. Wall Street Zen downgraded H World Group from a “buy” rating to a “hold” rating in a research note on Saturday, February 14th. Weiss Ratings restated a “buy (b-)” rating on shares of H World Group in a research report on Monday, December 29th. HSBC upgraded shares of H World Group from a “hold” rating to a “buy” rating in a report on Monday, October 27th. Zacks Research cut shares of H World Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 5th. Finally, Benchmark raised their price target on shares of H World Group from $48.00 to $52.00 and gave the stock a “buy” rating in a research note on Tuesday, November 18th.

H World Group Price Performance

H World Group stock opened at $54.11 on Friday. H World Group has a 52 week low of $30.20 and a 52 week high of $55.25. The company’s 50 day moving average price is $49.76 and its two-hundred day moving average price is $43.06. The stock has a market cap of $16.66 billion, a P/E ratio of 31.10, a P/E/G ratio of 1.26 and a beta of 0.16. The company has a quick ratio of 0.84, a current ratio of 0.85 and a debt-to-equity ratio of 0.32.

Hedge Funds Weigh In On H World Group

Hedge funds have recently made changes to their positions in the stock. Schroder Investment Management Group raised its position in shares of 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 worth $515,376,000 after buying an additional 690,149 shares in the last quarter. Capital International Investors increased its stake in H World Group by 71.8% in the 4th quarter. Capital International Investors now owns 8,334,604 shares of the company’s stock worth $392,143,000 after acquiring an additional 3,483,760 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp increased its stake in 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 worth $313,925,000 after acquiring an additional 2,420,473 shares during the last quarter. Kontiki Capital Management HK Ltd. raised its holdings in shares of H World Group by 49.6% in the 4th quarter. Kontiki Capital Management HK Ltd. now owns 3,703,788 shares of the company’s stock valued at $174,263,000 after acquiring an additional 1,228,617 shares in the last quarter. Finally, WFM ASIA BVI Ltd boosted its position in shares of H World Group by 65.8% during the 2nd quarter. WFM ASIA BVI Ltd now owns 3,035,416 shares of the company’s stock valued at $102,961,000 after acquiring an additional 1,204,300 shares during the last quarter. 46.41% of the stock is currently owned by hedge funds and other institutional investors.

About H World Group

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.