H World Group Limited Sponsored ADR (NASDAQ:HTHT) Receives $61.20 Consensus Price Target from Analysts

Shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) have received an average recommendation of “Buy” from the five brokerages that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $61.20.

A number of equities research analysts have recently commented on HTHT shares. Benchmark raised their price target on H World Group from $52.00 to $60.00 and gave the stock a “buy” rating in a research report on Thursday, March 19th. Weiss Ratings lowered H World Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, May 18th. Zacks Research raised H World Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 19th. Wall Street Zen raised H World Group from a “hold” rating to a “buy” rating in a research report on Sunday, May 31st. Finally, UBS Group raised H World Group from a “neutral” rating to a “buy” rating and set a $62.40 target price on the stock in a research report on Monday, March 9th.

H World Group Trading Up 0.5%

NASDAQ HTHT opened at $45.00 on Monday. The firm has a market cap of $13.84 billion, a P/E ratio of 20.18, a P/E/G ratio of 1.24 and a beta of 0.11. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.93 and a quick ratio of 0.93. The stock’s 50-day moving average is $49.20 and its 200-day moving average is $49.48. H World Group has a one year low of $30.41 and a one year high of $56.63.

H World Group (NASDAQ:HTHT) last released its quarterly earnings results on Saturday, February 14th. The company reported $0.06 EPS for the quarter. The company had revenue of $932.62 million for the quarter. H World Group had a return on equity of 39.73% and a net margin of 19.22%. Sell-side analysts anticipate that H World Group will post 2.47 earnings per share for the current fiscal year.

H World Group Dividend Announcement

The company also recently announced a dividend, which was paid on Wednesday, May 20th. Investors of record on Monday, May 4th were given a $1.30 dividend. This represents a yield of 542.0%. The ex-dividend date of this dividend was Monday, May 4th. H World Group’s dividend payout ratio (DPR) is currently 114.80%.

Insider Transactions at H World Group

In related news, Director Theng Fong Hee sold 31,640 shares of H World Group stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $50.96, for a total value of $1,612,374.40. The sale was disclosed in a document filed with the SEC, which is available at this link. Corporate insiders own 49.40% of the company’s stock.

Institutional Investors Weigh In On H World Group

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Schroder Investment Management Group raised its position in H World Group by 5.5% in the 3rd quarter. Schroder Investment Management Group now owns 13,177,593 shares of the company’s stock valued at $515,376,000 after buying an additional 690,149 shares during the last quarter. Capital International Investors raised its position in H World Group by 71.8% in the 4th quarter. Capital International Investors now owns 8,334,604 shares of the company’s stock valued at $392,143,000 after buying an additional 3,483,760 shares during the last quarter. Kontiki Capital Management HK Ltd. raised its position in H World Group by 49.6% in the 4th quarter. Kontiki Capital Management HK Ltd. now owns 3,703,788 shares of the company’s stock valued at $174,263,000 after buying an additional 1,228,617 shares during the last quarter. Capitolis Liquid Global Markets LLC bought a new position in H World Group in the third quarter valued at approximately $87,153,000. Finally, Generation Investment Management LLP grew its stake in H World Group by 0.3% in the third quarter. Generation Investment Management LLP now owns 1,492,241 shares of the company’s stock valued at $58,362,000 after purchasing an additional 4,428 shares in the last quarter. Institutional investors and hedge funds own 46.41% of the company’s stock.

H World Group Company Profile

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.