H World Group Limited Sponsored ADR (NASDAQ:HTHT) Given Consensus Recommendation of “Buy” by Brokerages

H World Group Limited Sponsored ADR (NASDAQ:HTHT) has been assigned an average rating of “Buy” from the six research firms that are covering the stock, Marketbeat Ratings reports. Five analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $54.80.

A number of analysts recently commented on HTHT shares. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of H World Group in a research note on Friday, March 27th. Wall Street Zen raised H World Group from a “hold” rating to a “buy” rating in a research note on Monday, March 23rd. UBS Group raised H World Group from a “neutral” rating to a “buy” rating and set a $62.40 price objective on the stock in a research note on Monday, March 9th. Zacks Research raised H World Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, March 19th. Finally, Benchmark increased their price objective on H World Group from $52.00 to $60.00 and gave the company a “buy” rating in a research note on Thursday, March 19th.

Insider Activity at H World Group

In related news, Director Theng Fong Hee sold 31,640 shares of the stock in a transaction on Friday, March 20th. The stock was sold at an average price of $50.96, for a total transaction of $1,612,374.40. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 49.40% of the stock is currently owned by insiders.

Hedge Funds Weigh In On H World Group

Several large investors have recently added to or reduced their stakes in the business. Mediolanum International Funds Ltd purchased a new position in H World Group during the first quarter worth about $958,000. Assetmark Inc. lifted its position in H World Group by 45.7% during the first quarter. Assetmark Inc. now owns 4,384 shares of the company’s stock worth $220,000 after buying an additional 1,375 shares during the period. Barings LLC purchased a new position in H World Group during the first quarter worth about $8,356,000. Bank of New York Mellon Corp lifted its position in H World Group by 0.5% during the first quarter. Bank of New York Mellon Corp now owns 180,045 shares of the company’s stock worth $9,054,000 after buying an additional 963 shares during the period. Finally, Aubrey Capital Management Ltd lifted its position in H World Group by 9.1% during the first quarter. Aubrey Capital Management Ltd now owns 277,100 shares of the company’s stock worth $13,935,000 after buying an additional 23,200 shares during the period. 46.41% of the stock is currently owned by hedge funds and other institutional investors.

H World Group Stock Down 0.1%

H World Group stock opened at $48.81 on Thursday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.91 and a current ratio of 0.91. The firm has a market capitalization of $15.01 billion, a price-to-earnings ratio of 21.69, a price-to-earnings-growth ratio of 1.35 and a beta of 0.15. H World Group has a fifty-two week low of $30.41 and a fifty-two week high of $56.63. The stock’s fifty day moving average is $52.00 and its two-hundred day moving average is $48.73.

H World Group (NASDAQ:HTHT) last posted its quarterly earnings data on Saturday, February 14th. The company reported $0.06 EPS for the quarter. The business had revenue of $932.62 million for the quarter. H World Group had a return on equity of 37.79% and a net margin of 20.05%. Analysts predict that H World Group will post 2.47 EPS for the current fiscal year.

H World Group Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Wednesday, May 20th. Investors of record on Monday, May 4th will be paid a dividend of $1.30 per share. The ex-dividend date of this dividend is Monday, May 4th. This represents a dividend yield of 542.0%. H World Group’s dividend payout ratio (DPR) is presently 113.78%.

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.