H World Group (NASDAQ:HTHT) Rating Lowered to Hold at Wall Street Zen

H World Group (NASDAQ:HTHT) was downgraded by stock analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued to investors on Saturday.

Several other analysts have also commented on the stock. Zacks Research raised shares of H World Group from a “strong sell” rating to a “hold” rating in a research report on Thursday, August 28th. Weiss Ratings reissued a “hold (c+)” rating on shares of H World Group in a research report on Tuesday, October 14th. Three analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, H World Group presently has a consensus rating of “Hold” and an average price target of $40.80.

H World Group Trading Down 0.2%

Shares of NASDAQ:HTHT opened at $38.61 on Friday. The company has a market capitalization of $11.88 billion, a PE ratio of 23.26, a P/E/G ratio of 1.85 and a beta of 0.35. The company has a current ratio of 0.81, a quick ratio of 0.81 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 $40.56. The business’s fifty day simple moving average is $37.48 and its 200-day simple moving average is $35.37.

Institutional Investors Weigh In On H World Group

Large investors have recently bought and sold shares of the company. Ethic Inc. lifted its stake in H World Group by 5.5% during the 2nd quarter. Ethic Inc. now owns 7,125 shares of the company’s stock valued at $244,000 after acquiring an additional 372 shares during the period. Asset Management One Co. Ltd. lifted its position in H World Group by 1.4% during the third quarter. Asset Management One Co. Ltd. now owns 33,228 shares of the company’s stock valued at $1,300,000 after purchasing an additional 466 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in H World Group by 7.4% during the first quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 9,424 shares of the company’s stock valued at $349,000 after purchasing an additional 646 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in H World Group by 81.0% in the second quarter. EverSource Wealth Advisors LLC now owns 1,450 shares of the company’s stock valued at $49,000 after purchasing an additional 649 shares during the last quarter. Finally, Skandinaviska Enskilda Banken AB publ grew its position in H World Group by 2.1% during the 1st quarter. Skandinaviska Enskilda Banken AB publ now owns 39,500 shares of the company’s stock worth $1,462,000 after purchasing an additional 800 shares during the period. Hedge funds and other institutional investors own 46.41% of the company’s stock.

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.