H World Group (NASDAQ:HTHT) Stock Rating Upgraded by Wall Street Zen

H World Group (NASDAQ:HTHT) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “buy” rating in a report released on Saturday.

Several other research firms also recently commented on HTHT. Benchmark increased their price objective on H World Group from $48.00 to $52.00 and gave the company a “buy” rating in a report on Tuesday, November 18th. Hsbc Global Res raised shares of H World Group from a “hold” rating to a “strong-buy” rating in a report on Monday, October 27th. HSBC upgraded H World Group from a “hold” rating to a “buy” rating in a research report on Monday, October 27th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of H World Group in a report on Monday, December 29th. Finally, Zacks Research lowered H World Group from a “strong-buy” rating to a “hold” rating in a report on Monday, January 5th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Buy” and a consensus target price of $42.13.

H World Group Price Performance

NASDAQ HTHT opened at $47.51 on Friday. The company has a market capitalization of $14.63 billion, a PE ratio of 27.30, a price-to-earnings-growth ratio of 1.14 and a beta of 0.14. H World Group has a 12-month low of $30.20 and a 12-month high of $51.46. The firm’s 50 day moving average is $48.34 and its 200-day moving average is $41.06. 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

Several large investors have recently modified their holdings of HTHT. State of New Jersey Common Pension Fund D increased its holdings in H World Group by 12.9% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 317,483 shares of the company’s stock valued at $14,938,000 after purchasing an additional 36,379 shares during the period. Pictet Asset Management Holding SA boosted its position in shares of H World Group by 5.4% during the 4th quarter. Pictet Asset Management Holding SA now owns 258,062 shares of the company’s stock valued at $12,142,000 after purchasing an additional 13,300 shares in the last quarter. B. Metzler seel. Sohn & Co. AG boosted its holdings in shares of H World Group by 67.8% during the 4th quarter. B. Metzler seel. Sohn & Co. AG now owns 142,947 shares of the company’s stock worth $6,726,000 after buying an additional 57,751 shares in the last quarter. Bayforest Capital Ltd boosted its stake in H World Group by 2,919.1% during the fourth quarter. Bayforest Capital Ltd now owns 5,374 shares of the company’s stock worth $253,000 after acquiring an additional 5,196 shares in the last quarter. Finally, KBC Group NV boosted its position in shares of H World Group by 46.0% during the 4th quarter. KBC Group NV now owns 87,221 shares of the company’s stock worth $4,104,000 after purchasing an additional 27,466 shares in the last quarter. Institutional investors own 46.41% of the company’s stock.

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.