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 research report released on Saturday.

HTHT has been the topic of several other research reports. Zacks Research raised H World Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 7th. Benchmark boosted their price target on H World Group from $48.00 to $52.00 and gave the company a “buy” rating in a report on Tuesday, November 18th. HSBC raised H World Group from a “hold” rating to a “buy” rating in a research report on Monday, October 27th. Weiss Ratings upgraded H World Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, December 8th. Finally, Hsbc Global Res raised shares of H World Group from a “hold” rating to a “strong-buy” rating in a report on Monday, October 27th. Two research analysts have rated the stock with a Strong Buy rating and five have issued a Buy rating to the company. According to data from MarketBeat.com, H World Group currently has a consensus rating of “Buy” and an average target price of $42.13.

H World Group Price Performance

NASDAQ:HTHT opened at $47.77 on Friday. The company’s 50-day moving average price is $42.49 and its two-hundred day moving average price is $37.62. The company has a quick ratio of 0.84, a current ratio of 0.85 and a debt-to-equity ratio of 0.32. H World Group has a 12 month low of $30.13 and a 12 month high of $48.80. The firm has a market cap of $14.71 billion, a PE ratio of 27.45, a price-to-earnings-growth ratio of 1.35 and a beta of 0.12.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Schroder Investment Management Group boosted its position in H World Group by 95.0% in the second quarter. Schroder Investment Management Group now owns 12,487,444 shares of the company’s stock worth $423,574,000 after purchasing an additional 6,082,369 shares during the last quarter. Temasek Holdings Private Ltd increased its stake in H World Group by 66.5% in the first quarter. Temasek Holdings Private Ltd now owns 6,856,300 shares of the company’s stock valued at $253,752,000 after acquiring an additional 2,738,772 shares during the last quarter. Kontiki Capital Management HK Ltd. bought a new position in H World Group during the third quarter valued at approximately $96,804,000. Mitsubishi UFJ Trust & Banking Corp grew its stake in shares of H World Group by 43.2% during the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 8,026,731 shares of the company’s stock valued at $313,925,000 after buying an additional 2,420,473 shares during the last quarter. Finally, Capitolis Liquid Global Markets LLC bought a new position in shares of H World Group in the third quarter worth approximately $87,153,000. 46.41% of the stock is currently owned by hedge funds and other institutional investors.

About H World Group

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.