H World Group Limited Sponsored ADR (NASDAQ:HTHT) Receives $52.13 Consensus Price Target from Analysts

H World Group Limited Sponsored ADR (NASDAQ:HTHT) has earned a consensus rating of “Moderate Buy” from the seven brokerages that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a hold rating and six have issued a buy rating on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $54.80.

HTHT has been the subject of a number of recent analyst reports. Weiss Ratings restated a “buy (b-)” rating on shares of H World Group in a research note on Monday, December 29th. Benchmark upped their target price on H World Group from $52.00 to $60.00 and gave the company a “buy” rating in a research report on Thursday. Wall Street Zen downgraded shares of H World Group from a “buy” rating to a “hold” rating in a research report on Sunday, March 15th. Zacks Research lowered shares of H World Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 5th. Finally, UBS Group raised shares of H World Group from a “neutral” rating to a “buy” rating and set a $62.40 price target on the stock in a report on Monday, March 9th.

Hedge Funds Weigh In On H World Group

Several large investors have recently modified their holdings of HTHT. AQR Capital Management LLC lifted its position in shares of H World Group by 11.2% in the 1st quarter. AQR Capital Management LLC now owns 9,319 shares of the company’s stock worth $338,000 after buying an additional 936 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of 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 valued at $73,000 after buying an additional 968 shares during the period. Creative Planning grew its position in shares of H World Group by 31.9% during the 2nd quarter. Creative Planning now owns 53,640 shares of the company’s stock valued at $1,819,000 after buying an additional 12,959 shares during the last quarter. Raiffeisen Bank International AG acquired a new stake in H World Group during the second quarter worth about $174,000. Finally, Rovida Advisors Inc. acquired a new stake in H World Group during the second quarter worth about $8,480,000. Institutional investors own 46.41% of the company’s stock.

H World Group Stock Down 0.8%

Shares of H World Group stock opened at $50.11 on Wednesday. H World Group has a 1-year low of $30.20 and a 1-year high of $56.63. The company has a market capitalization of $15.43 billion, a PE ratio of 22.27, a P/E/G ratio of 1.10 and a beta of 0.11. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.91 and a quick ratio of 0.84. The business has a 50-day moving average of $51.33 and a 200-day moving average of $45.60.

H World Group Dividend Announcement

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

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.