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

H World Group Limited Sponsored ADR (NASDAQ:HTHTGet Free Report) has been assigned a consensus rating of “Moderate Buy” from the five research firms that are covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $61.20.

Several brokerages have recently commented on HTHT. Zacks Research downgraded shares of H World Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 4th. Weiss Ratings cut shares of H World Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, May 18th. Benchmark upped their price target on H World Group from $52.00 to $60.00 and gave the stock a “buy” rating in a research note on Thursday, March 19th. Wall Street Zen cut shares of H World Group from a “buy” rating to a “hold” rating in a report on Monday, June 8th. Finally, UBS Group raised H World Group from a “neutral” rating to a “buy” rating and set a $62.40 target price on the stock in a research note on Monday, March 9th.

View Our Latest Stock Report on HTHT

Institutional Investors Weigh In On H World Group

Several institutional investors have recently modified their holdings of HTHT. AQR Capital Management LLC boosted its position in shares of H World Group by 11.2% during the first quarter. AQR Capital Management LLC now owns 9,319 shares of the company’s stock valued at $338,000 after buying an additional 936 shares during the last quarter. Norges Bank purchased a new position in shares of H World Group during the 2nd quarter worth $888,000. EverSource Wealth Advisors LLC boosted its stake in shares of H World Group by 81.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,450 shares of the company’s stock worth $49,000 after acquiring an additional 649 shares during the last quarter. First Trust Advisors LP purchased a new position in shares of H World Group during the 2nd quarter valued at about $2,881,000. Finally, Jump Financial LLC purchased a new position in shares of H World Group during the 2nd quarter valued at about $651,000. 46.41% of the stock is owned by hedge funds and other institutional investors.

H World Group Stock Performance

Shares of NASDAQ:HTHT opened at $41.39 on Friday. The company has a market cap of $12.73 billion, a price-to-earnings ratio of 18.56, a price-to-earnings-growth ratio of 1.15 and a beta of 0.11. The company has a 50-day moving average price of $46.87 and a 200-day moving average price of $49.24. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.49. H World Group has a 12 month low of $30.41 and a 12 month high of $56.63.

H World Group (NASDAQ:HTHTGet Free Report) last issued its quarterly earnings data on Saturday, February 14th. The company reported $0.06 EPS for the quarter. The firm had revenue of $932.62 million during the quarter. H World Group had a net margin of 19.22% and a return on equity of 39.73%. As a group, equities analysts anticipate that H World Group will post 2.47 EPS for the current year.

H World Group Company Profile

(Get Free Report)

H World Group, formerly known as Huazhu Group, is a leading hotel management and franchising company primarily serving the China market. The company operates a broad portfolio of midscale to luxury hotel brands, including Hi Inn, Blossom, Manxin, Madison International, Joya, Grand Mercure, Novotel, Mercure and ibis. Through a network of both directly managed and franchised properties, H World Group caters to business and leisure travelers by offering consistent service standards and loyalty benefits across its brands.

In addition to its core hotel operations, H World Group provides technology-driven hospitality solutions such as centralized reservation systems, revenue management platforms and customer relationship management tools.

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Analyst Recommendations for H World Group (NASDAQ:HTHT)

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