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

Shares of H World Group Limited (NASDAQ:HTHT – Get Rating) have been given an average recommendation of “Moderate Buy” by the five research firms that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, one has issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $60.60.

Several research analysts recently issued reports on HTHT shares. TheStreet raised H World Group from a “d+” rating to a “c-” rating in a research report on Monday, January 30th. StockNews.com lowered H World Group from a “hold” rating to a “sell” rating in a research report on Friday, May 12th. Finally, Benchmark upped their target price on H World Group from $45.00 to $64.00 and gave the company a “buy” rating in a research report on Tuesday, March 28th.

Institutional Trading of H World Group

Large investors have recently added to or reduced their stakes in the company. Penserra Capital Management LLC grew its stake in H World Group by 19.9% during the 3rd quarter. Penserra Capital Management LLC now owns 25,447 shares of the company’s stock valued at $853,000 after purchasing an additional 4,218 shares during the last quarter. Brinker Capital Investments LLC purchased a new stake in shares of H World Group in the fourth quarter worth about $930,000. Nuveen Asset Management LLC boosted its stake in shares of H World Group by 2.4% in the third quarter. Nuveen Asset Management LLC now owns 546,435 shares of the company’s stock worth $18,328,000 after buying an additional 12,900 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its stake in shares of H World Group by 8.7% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 78,802 shares of the company’s stock worth $3,381,000 after buying an additional 6,300 shares during the last quarter. Finally, NINE MASTS CAPITAL Ltd boosted its stake in shares of H World Group by 446.7% in the fourth quarter. NINE MASTS CAPITAL Ltd now owns 32,800 shares of the company’s stock worth $1,414,000 after buying an additional 26,800 shares during the last quarter. Hedge funds and other institutional investors own 44.79% of the company’s stock.

H World Group Trading Up 0.3 %

HTHT opened at $41.62 on Monday. The firm has a market cap of $13.55 billion, a price-to-earnings ratio of -47.84 and a beta of 1.00. The company has a current ratio of 0.70, a quick ratio of 0.69 and a debt-to-equity ratio of 1.04. H World Group has a 12 month low of $24.38 and a 12 month high of $53.52. The stock has a fifty day moving average price of $46.74 and a 200-day moving average price of $45.01.

H World Group (NASDAQ:HTHT – Get Rating) last released its quarterly earnings results on Monday, March 27th. The company reported ($0.06) EPS for the quarter. The company had revenue of $537.00 million during the quarter, compared to the consensus estimate of $564.11 million. H World Group had a negative return on equity of 19.83% and a negative net margin of 13.29%. As a group, equities research analysts anticipate that H World Group will post 1.32 earnings per share for the current fiscal year.

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 are composed of HanTing, Ni Hao, Hi Inn, Elan, Zleep, and Ibis Hotels. The midscale hotel includes JI Hotel, Orange Hotel, Starway, and Ibis Styles Hotels.