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

Wall Street Zen upgraded shares of H World Group (NASDAQ:HTHT) from a hold rating to a buy rating in a research report report published on Monday.

Other equities analysts have also issued reports about the company. Zacks Research raised H World Group from a “hold” rating to a “strong-buy” rating in a report on Friday, November 7th. Weiss Ratings reissued a “buy (b-)” rating on shares of H World Group in a research report on Monday, December 22nd. Hsbc Global Res upgraded H World Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 27th. HSBC upgraded H World Group from a “hold” rating to a “buy” rating in a research note on Monday, October 27th. Finally, Benchmark boosted their price target on shares of H World Group from $48.00 to $52.00 and gave the stock a “buy” rating in a report on Tuesday, November 18th. Two research analysts have rated the stock with a Strong Buy rating and five have given a Buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $42.13.

H World Group Trading Down 0.3%

Shares of HTHT stock opened at $48.35 on Monday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.84 and a current ratio of 0.85. The company has a market capitalization of $14.89 billion, a price-to-earnings ratio of 27.79, a PEG ratio of 1.37 and a beta of 0.12. H World Group has a 52-week low of $30.13 and a 52-week high of $49.49. The company has a 50-day simple moving average of $44.67 and a two-hundred day simple moving average of $38.55.

Hedge Funds Weigh In On H World Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in HTHT. Nordea Investment Management AB lifted its stake in shares of H World Group by 40.2% during the 2nd quarter. Nordea Investment Management AB now owns 790,947 shares of the company’s stock valued at $26,865,000 after buying an additional 226,865 shares in the last quarter. Rovida Advisors Inc. bought a new stake in H World Group during the 2nd quarter valued at $8,480,000. US Bancorp DE lifted its position in shares of H World Group by 221.3% during the second quarter. US Bancorp DE now owns 21,207 shares of the company’s stock worth $719,000 after acquiring an additional 14,607 shares in the last quarter. Banque Transatlantique SA purchased a new stake in shares of H World Group during the first quarter worth $463,000. Finally, Hhlr Advisors LTD. bought a new position in shares of H World Group in the first quarter worth $8,784,000. 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.