H World Group Limited Sponsored ADR (NASDAQ:HTHT) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) have received a consensus recommendation of “Moderate Buy” from the five analysts that are currently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $61.20.

Several research firms have weighed in on HTHT. Zacks Research cut H World Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 4th. Wall Street Zen raised shares of H World Group from a “hold” rating to a “buy” rating in a report on Sunday, July 12th. Finally, Weiss Ratings lowered H World Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, May 18th.

H World Group Trading Down 0.4%

HTHT opened at $41.55 on Tuesday. The company has a fifty day moving average price of $43.64 and a two-hundred day moving average price of $48.50. H World Group has a 1-year low of $30.41 and a 1-year high of $56.63. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.49. The company has a market cap of $12.78 billion, a P/E ratio of 18.63, a price-to-earnings-growth ratio of 1.15 and a beta of 0.13.

Institutional Investors Weigh In On H World Group

Several hedge funds and other institutional investors have recently modified their holdings of HTHT. Parallel Advisors LLC grew its position in shares of H World Group by 16.7% in the first quarter. Parallel Advisors LLC now owns 1,773 shares of the company’s stock valued at $89,000 after purchasing an additional 254 shares during the last quarter. iA Global Asset Management Inc. lifted its holdings in H World Group by 20.1% during the 4th quarter. iA Global Asset Management Inc. now owns 1,653 shares of the company’s stock worth $78,000 after purchasing an additional 277 shares during the last quarter. Federation des caisses Desjardins du Quebec lifted its holdings in H World Group by 5.2% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 9,899 shares of the company’s stock worth $466,000 after purchasing an additional 486 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in H World Group by 81.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,450 shares of the company’s stock valued at $49,000 after purchasing an additional 649 shares during the period. Finally, Oddo BHF Asset Management Sas grew its holdings in H World Group by 16.7% in the 1st quarter. Oddo BHF Asset Management Sas now owns 4,900 shares of the company’s stock valued at $246,000 after buying an additional 700 shares in the last quarter. 46.41% of the stock is currently owned by institutional investors.

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.