H World Group Limited Sponsored ADR (NASDAQ:HTHT) Receives $61.20 Average PT from Analysts

Shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) have been assigned an average recommendation of “Moderate Buy” from the five ratings firms that are covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $61.20.

A number of research firms have weighed in on HTHT. Weiss Ratings lowered H World Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, May 18th. Wall Street Zen raised H World Group from a “hold” rating to a “buy” rating in a report on Sunday, July 12th. Finally, Zacks Research cut H World Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 4th.

Hedge Funds Weigh In On H World Group

Institutional investors have recently made changes to their positions in the company. TD Private Client Wealth LLC purchased a new stake in H World Group during the fourth quarter worth $45,000. EverSource Wealth Advisors LLC increased its holdings in H World Group by 81.0% in the second quarter. EverSource Wealth Advisors LLC now owns 1,450 shares of the company’s stock valued at $49,000 after buying an additional 649 shares in the last quarter. Caitong International Asset Management Co. Ltd purchased a new position in H World Group in the third quarter valued at $66,000. Osaic Holdings Inc. raised its position in shares of H World Group by 889.5% in the second quarter. Osaic Holdings Inc. now owns 2,266 shares of the company’s stock worth $77,000 after acquiring an additional 2,037 shares during the period. Finally, iA Global Asset Management Inc. raised its position in shares of H World Group by 20.1% in the fourth quarter. iA Global Asset Management Inc. now owns 1,653 shares of the company’s stock worth $78,000 after acquiring an additional 277 shares during the period. 46.41% of the stock is owned by hedge funds and other institutional investors.

H World Group Trading Up 0.3%

Shares of H World Group stock opened at $40.62 on Tuesday. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.93 and a quick ratio of 0.93. The firm has a fifty day moving average price of $43.24 and a 200 day moving average price of $48.36. H World Group has a 1 year low of $30.41 and a 1 year high of $56.63. The stock has a market cap of $12.49 billion, a PE ratio of 18.22, a price-to-earnings-growth ratio of 1.14 and a beta of 0.13.

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.