H World Group (NASDAQ:HTHT) Coverage Initiated at StockNews.com

Equities research analysts at StockNews.com initiated coverage on shares of H World Group (NASDAQ:HTHT – Get Rating) in a research report issued to clients and investors on Friday. The firm set a “sell” rating on the stock.

Several other equities analysts have also commented on HTHT. TheStreet raised shares of H World Group from a “d+” rating to a “c-” rating in a research report on Monday, January 30th. The Goldman Sachs Group raised shares of H World Group from a “buy” rating to a “conviction-buy” rating in a research report on Tuesday, January 10th. Finally, HSBC upped their price target on shares of H World Group from $45.10 to $57.20 in a research report on Wednesday, January 11th. One analyst has rated the stock with a sell rating, three have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, H World Group has a consensus rating of “Moderate Buy” and a consensus target price of $49.40.

H World Group Stock Performance

Shares of HTHT stock opened at $49.05 on Friday. H World Group has a one year low of $24.38 and a one year high of $53.52. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.69 and a current ratio of 0.70. The company has a 50 day moving average price of $48.65 and a 200 day moving average price of $40.58. The firm has a market capitalization of $15.97 billion, a price-to-earnings ratio of -47.16 and a beta of 1.02.

Institutional Investors Weigh In On H World Group

Several large investors have recently made changes to their positions in HTHT. Norges Bank acquired a new stake in shares of H World Group in the fourth quarter worth $83,235,000. American Century Companies Inc. boosted its stake in shares of H World Group by 194.7% in the fourth quarter. American Century Companies Inc. now owns 1,935,206 shares of the company’s stock valued at $82,091,000 after purchasing an additional 1,278,445 shares during the period. Macquarie Group Ltd. boosted its stake in shares of H World Group by 115.4% in the second quarter. Macquarie Group Ltd. now owns 1,879,241 shares of the company’s stock valued at $71,599,000 after purchasing an additional 1,006,835 shares during the period. Barings LLC purchased a new position in shares of H World Group in the fourth quarter valued at $36,697,000. Finally, SeaTown Holdings Pte. Ltd. purchased a new position in shares of H World Group in the fourth quarter valued at $34,827,000. Institutional investors and hedge funds own 44.79% of the company’s stock.

About H World Group

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H World Group Ltd. is engaged in the operation of hotels. The firm operates through the Legacy Huazhu and Legacy DH segments. It targets economy, midscale, upper midscale, and upscale hotel brands. The economy hotel brands comprises of HanTing, Ni Hao, Hi Inn, Elan, Zleep, and Ibis Hotels. The midscale hotel includes JI Hotel, Orange Hotel, Starway, and Ibis Styles Hotels.