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

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

Other equities research analysts have also recently issued reports about the stock. Benchmark raised their target price on shares of H World Group from $48.00 to $52.00 and gave the stock a “buy” rating in a research report on Tuesday, November 18th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of H World Group in a research report on Monday, December 29th. Finally, Zacks Research lowered shares of H World Group from a “strong-buy” rating to a “hold” rating in a report on Monday, January 5th. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, H World Group presently has a consensus rating of “Moderate Buy” and an average price target of $47.00.

H World Group Stock Down 2.1%

HTHT opened at $50.51 on Friday. H World Group has a 12 month low of $30.20 and a 12 month high of $56.63. The business has a 50-day moving average of $50.82 and a two-hundred day moving average of $44.53. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.85 and a quick ratio of 0.84. The stock has a market capitalization of $15.55 billion, a price-to-earnings ratio of 29.03, a price-to-earnings-growth ratio of 1.16 and a beta of 0.11.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. TD Private Client Wealth LLC purchased a new position in shares of H World Group in the fourth quarter valued at $45,000. EverSource Wealth Advisors LLC increased its stake in H World Group by 81.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,450 shares of the company’s stock worth $49,000 after buying an additional 649 shares during the period. Caitong International Asset Management Co. Ltd purchased a new stake in H World Group during the 3rd quarter worth $66,000. PNC Financial Services Group Inc. lifted its holdings in H World Group by 82.2% in the 2nd quarter. PNC Financial Services Group Inc. now owns 2,146 shares of the company’s stock worth $73,000 after buying an additional 968 shares in the last quarter. Finally, Osaic Holdings Inc. boosted its position in H World Group by 889.5% in the 2nd quarter. Osaic Holdings Inc. now owns 2,266 shares of the company’s stock valued at $77,000 after buying an additional 2,037 shares during the last quarter. 46.41% of the stock is owned by institutional investors and hedge funds.

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.