H World Group Limited Sponsored ADR (NASDAQ:HTHT) Given Consensus Recommendation of “Buy” by Brokerages

H World Group Limited Sponsored ADR (NASDAQ:HTHT) has received an average rating of “Buy” from the seven ratings firms that are currently covering the company, MarketBeat reports. Five research analysts have rated the stock with a buy recommendation and two have given a strong buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $40.80.

Several brokerages have weighed in on HTHT. HSBC upgraded H World Group from a “hold” rating to a “buy” rating in a report on Monday, October 27th. Zacks Research raised shares of H World Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 7th. Weiss Ratings upgraded shares of H World Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday. Wall Street Zen upgraded shares of H World Group from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Finally, Hsbc Global Res raised shares of H World Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 27th.

H World Group Price Performance

HTHT opened at $45.45 on Thursday. The business has a fifty day moving average of $38.76 and a 200 day moving average of $35.98. The stock has a market cap of $13.99 billion, a P/E ratio of 27.38, a PEG ratio of 1.83 and a beta of 0.33. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.32. H World Group has a 52-week low of $30.13 and a 52-week high of $45.90.

H World Group Dividend Announcement

The company also recently disclosed a semi-annual dividend, which was paid on Friday, September 26th. Stockholders of record on Tuesday, September 9th were given a $0.79 dividend. The ex-dividend date of this dividend was Tuesday, September 9th. This represents a dividend yield of 435.0%. H World Group’s payout ratio is presently 95.18%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in HTHT. BRIGHT VALLEY CAPITAL Ltd purchased a new stake in shares of H World Group in the 1st quarter valued at $814,000. Nordea Investment Management AB raised its holdings in shares of H World Group by 40.2% during the second quarter. Nordea Investment Management AB now owns 790,947 shares of the company’s stock worth $26,865,000 after purchasing an additional 226,865 shares during the last quarter. Bank of New York Mellon Corp lifted its position in H World Group by 8.5% during the first quarter. Bank of New York Mellon Corp now owns 220,697 shares of the company’s stock valued at $8,168,000 after purchasing an additional 17,279 shares during the period. Keystone Investors PTE Ltd. boosted its holdings in H World Group by 1,280.0% in the first quarter. Keystone Investors PTE Ltd. now owns 1,901,589 shares of the company’s stock valued at $70,378,000 after purchasing an additional 1,763,789 shares during the last quarter. Finally, Northern Trust Corp boosted its holdings in H World Group by 14.2% in the first quarter. Northern Trust Corp now owns 1,264,397 shares of the company’s stock valued at $46,795,000 after purchasing an additional 157,044 shares during the last quarter. 46.41% of the stock is currently owned by hedge funds and other institutional investors.

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.