H World Group (NASDAQ:HTHT) Upgraded at Wall Street Zen

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

Several other equities research analysts have also recently weighed in on HTHT. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of H World Group in a research report on Monday, December 29th. HSBC upgraded shares of H World Group from a “hold” rating to a “buy” rating in a research report on Monday, October 27th. Benchmark upped their target price on H World Group from $48.00 to $52.00 and gave the stock a “buy” rating in a research note on Tuesday, November 18th. Hsbc Global Res raised H World Group from a “hold” rating to a “strong-buy” rating in a report on Monday, October 27th. Finally, Zacks Research lowered H World Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 5th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $42.13.

H World Group Price Performance

Shares of H World Group stock opened at $47.10 on Friday. The company has a 50-day simple moving average of $48.37 and a two-hundred day simple moving average of $41.27. H World Group has a twelve month low of $30.20 and a twelve month high of $51.46. The stock has a market capitalization of $14.50 billion, a price-to-earnings ratio of 27.07, a price-to-earnings-growth ratio of 1.11 and a beta of 0.16. The company has a quick ratio of 0.84, a current ratio of 0.85 and a debt-to-equity ratio of 0.32.

Institutional Investors Weigh In On H World Group

A number of hedge funds and other institutional investors have recently bought and sold shares of HTHT. Hantz Financial Services Inc. raised its position in H World Group by 575.7% in the second quarter. Hantz Financial Services Inc. now owns 1,446 shares of the company’s stock valued at $49,000 after purchasing an additional 1,232 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of H World Group by 81.0% in the second quarter. EverSource Wealth Advisors LLC now owns 1,450 shares of the company’s stock valued at $49,000 after buying an additional 649 shares during the period. Caitong International Asset Management Co. Ltd bought a new position in H World Group in the 3rd quarter valued at approximately $66,000. PNC Financial Services Group Inc. boosted its position in H World Group by 82.2% during the 2nd quarter. PNC Financial Services Group Inc. now owns 2,146 shares of the company’s stock worth $73,000 after buying an additional 968 shares during the period. Finally, Osaic Holdings Inc. grew its holdings in H World Group by 889.5% during the 2nd quarter. Osaic Holdings Inc. now owns 2,266 shares of the company’s stock worth $77,000 after acquiring an additional 2,037 shares during the last quarter. 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.