H World Group (NASDAQ:HTHT) Sets New 12-Month High – What’s Next?

Shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $42.30 and last traded at $42.8790, with a volume of 7832 shares trading hands. The stock had previously closed at $41.07.

Analyst Upgrades and Downgrades

HTHT has been the topic of several recent analyst reports. Hsbc Global Res upgraded H World Group from a “hold” rating to a “strong-buy” rating in a report on Monday, October 27th. Weiss Ratings reiterated a “hold (c+)” rating on shares of H World Group in a research report on Tuesday, October 14th. HSBC upgraded shares of H World Group from a “hold” rating to a “buy” rating in a report on Monday, October 27th. Zacks Research upgraded shares of H World Group from a “strong sell” rating to a “hold” rating in a report on Thursday, August 28th. Finally, Wall Street Zen raised shares of H World Group from a “hold” rating to a “buy” rating in a research report on Saturday. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $40.80.

H World Group Stock Performance

The stock has a market capitalization of $13.54 billion, a P/E ratio of 26.38, a P/E/G ratio of 1.83 and a beta of 0.33. The stock has a 50 day simple moving average of $38.26 and a two-hundred day simple moving average of $35.76. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.32.

H World Group Announces Dividend

The company also recently announced a semi-annual dividend, which was paid on Friday, September 26th. Investors of record on Tuesday, September 9th were paid a $0.79 dividend. This represents a yield of 435.0%. The ex-dividend date was Tuesday, September 9th. H World Group’s dividend payout ratio (DPR) is 95.18%.

Institutional Trading of H World Group

Several institutional investors and hedge funds have recently bought and sold shares of the business. Greenwoods Asset Management Hong Kong Ltd. increased its holdings in shares of H World Group by 103.6% during the 3rd quarter. Greenwoods Asset Management Hong Kong Ltd. now owns 360,000 shares of the company’s stock worth $14,080,000 after acquiring an additional 183,200 shares during the last quarter. State of New Jersey Common Pension Fund D boosted its holdings in shares of H World Group by 10.3% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 281,104 shares of the company’s stock worth $10,994,000 after buying an additional 26,301 shares during the period. Shell Asset Management Co. grew its stake in H World Group by 255.1% in the 3rd quarter. Shell Asset Management Co. now owns 7,099 shares of the company’s stock valued at $278,000 after buying an additional 5,100 shares during the last quarter. Aberdeen Group plc lifted its position in H World Group by 3.7% during the third quarter. Aberdeen Group plc now owns 50,394 shares of the company’s stock worth $1,971,000 after acquiring an additional 1,789 shares during the last quarter. Finally, Rhumbline Advisers boosted its holdings in shares of H World Group by 1.3% during the third quarter. Rhumbline Advisers now owns 27,305 shares of the company’s stock worth $1,068,000 after acquiring an additional 352 shares during the period. Institutional investors own 46.41% of the company’s stock.

H World Group Company Profile

H World Group Limited develops leased and owned, manachised, and franchised hotels in the People's Republic of China. The company operates hotels under its own brands, such as HanTing Hotel, Ni Hao Hotel, Hi Inn, Elan Hotel, Zleep Hotels, Ibis Hotel, JI Hotel, Orange Hotel, Starway Hotel, Ibis Styles Hotel, CitiGO Hotel, Crystal Orange Hotel, IntercityHotel, Manxin Hotel, Mercure Hotel, Madison Hotel, Novotel Hotel, Joya Hotel, Blossom House, Steigenberger Hotels & Resorts, MAXX by Steigenberger, Jaz in the City, Grand Mercure, Steigenberger Icon, and Song Hotels.