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

H World Group Limited Sponsored ADR (NASDAQ:HTHT) has been assigned an average recommendation of “Buy” from the six analysts that are presently covering the stock, Marketbeat reports. Five analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $54.80.

A number of research firms have issued reports on HTHT. Weiss Ratings reiterated a “buy (b-)” rating on shares of H World Group in a research note on Friday, March 27th. Wall Street Zen upgraded shares of H World Group from a “hold” rating to a “buy” rating in a research note on Monday, March 23rd. Zacks Research upgraded shares of H World Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, March 19th. Benchmark lifted their target price on shares of H World Group from $52.00 to $60.00 and gave the company a “buy” rating in a research note on Thursday, March 19th. Finally, UBS Group upgraded shares of H World Group from a “neutral” rating to a “buy” rating and set a $62.40 target price for the company in a research note on Monday, March 9th.

H World Group Stock Performance

Shares of HTHT opened at $52.48 on Friday. The firm’s 50 day moving average is $51.88 and its 200-day moving average is $47.09. The stock has a market capitalization of $16.16 billion, a P/E ratio of 23.32, a P/E/G ratio of 1.10 and a beta of 0.17. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.91 and a quick ratio of 0.91. H World Group has a 12-month low of $30.41 and a 12-month high of $56.63.

H World Group (NASDAQ:HTHT) last announced its earnings results on Saturday, February 14th. The company reported $0.06 EPS for the quarter. H World Group had a net margin of 20.05% and a return on equity of 37.79%. The company had revenue of $932.62 million during the quarter. Equities research analysts anticipate that H World Group will post 1.65 EPS for the current fiscal year.

H World Group Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Wednesday, May 20th. Stockholders of record on Monday, May 4th will be paid a $1.30 dividend. This represents a dividend yield of 518.0%. The ex-dividend date is Monday, May 4th. H World Group’s payout ratio is presently 70.22%.

Insider Buying and Selling at H World Group

In related news, Director Theng Fong Hee sold 31,640 shares of the business’s stock in a transaction on Friday, March 20th. The shares were sold at an average price of $50.96, for a total transaction of $1,612,374.40. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 49.40% of the company’s stock.

Hedge Funds Weigh In On H World Group

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Principal Financial Group Inc. bought a new stake in H World Group in the 3rd quarter valued at $12,207,000. APG Asset Management N.V. increased its holdings in H World Group by 146.8% in the 3rd quarter. APG Asset Management N.V. now owns 108,093 shares of the company’s stock valued at $4,228,000 after buying an additional 64,300 shares during the period. Campbell & CO Investment Adviser LLC bought a new stake in H World Group in the 3rd quarter valued at $415,000. AI Squared Management Ltd bought a new stake in H World Group in the 3rd quarter valued at $1,158,000. Finally, Rakuten Investment Management Inc. bought a new stake in H World Group in the 3rd quarter valued at $1,403,000. Institutional investors 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.