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

Shares of H World Group Limited (NASDAQ:HTHT) have earned an average recommendation of “Moderate Buy” from the six analysts that are currently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $44.68.

A number of equities research analysts have issued reports on the stock. Hsbc Global Res downgraded shares of H World Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 4th. HSBC lowered H World Group from a “buy” rating to a “hold” rating and set a $32.40 price objective for the company. in a report on Wednesday, February 5th. Finally, Benchmark reduced their price objective on H World Group from $53.00 to $48.00 and set a “buy” rating for the company in a research report on Wednesday, November 27th.

Hedge Funds Weigh In On H World Group

Several institutional investors have recently bought and sold shares of the stock. Headwater Capital Co Ltd bought a new stake in shares of H World Group during the 4th quarter worth about $9,909,000. Waverton Investment Management Ltd bought a new stake in H World Group during the fourth quarter worth approximately $6,076,000. Mirae Asset Global Investments Co. Ltd. grew its holdings in H World Group by 109.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 251,056 shares of the company’s stock valued at $8,292,000 after purchasing an additional 131,189 shares during the last quarter. Nordea Investment Management AB grew its holdings in H World Group by 11.2% during the fourth quarter. Nordea Investment Management AB now owns 508,422 shares of the company’s stock valued at $16,961,000 after purchasing an additional 51,213 shares during the last quarter. Finally, Blue Trust Inc. raised its position in shares of H World Group by 13.5% in the fourth quarter. Blue Trust Inc. now owns 5,467 shares of the company’s stock valued at $181,000 after purchasing an additional 650 shares during the period. 46.41% of the stock is currently owned by institutional investors.

H World Group Price Performance

NASDAQ HTHT opened at $37.91 on Thursday. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.88 and a quick ratio of 0.87. The firm has a market capitalization of $11.88 billion, a price-to-earnings ratio of 22.98, a price-to-earnings-growth ratio of 1.28 and a beta of 0.70. The company has a 50 day simple moving average of $35.02 and a 200-day simple moving average of $34.82. H World Group has a 52-week low of $27.03 and a 52-week high of $42.98.

H World Group Increases Dividend

The firm also recently disclosed a — dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 9th will be issued a $0.95 dividend. The ex-dividend date is Wednesday, April 9th. This is a boost from H World Group’s previous — dividend of $0.34. This represents a yield of 4.1%. H World Group’s dividend payout ratio is currently 141.79%.

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.