H World Group (NASDAQ:HTHT) Stock Rating Lowered by Wall Street Zen

H World Group (NASDAQ:HTHT) was downgraded by Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Sunday.

A number of other equities analysts have also issued reports on the company. Zacks Research raised H World Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 7th. Benchmark raised their price objective on shares of H World Group from $48.00 to $52.00 and gave the stock a “buy” rating in a report on Tuesday, November 18th. Hsbc Global Res upgraded shares of H World Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 27th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of H World Group in a research report on Monday, December 15th. Finally, HSBC raised H World Group from a “hold” rating to a “buy” rating in a report on Monday, October 27th. Two research analysts have rated the stock with a Strong Buy rating and five have assigned a Buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $42.13.

H World Group Price Performance

HTHT stock opened at $48.66 on Friday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.84 and a current ratio of 0.85. The firm has a market cap of $14.98 billion, a P/E ratio of 27.97, a PEG ratio of 1.39 and a beta of 0.12. H World Group has a 1 year low of $30.13 and a 1 year high of $49.49. The stock’s 50 day moving average price is $43.56 and its 200 day moving average price is $38.07.

Hedge Funds Weigh In On H World Group

Several institutional investors have recently made changes to their positions in the stock. Rhumbline Advisers lifted its holdings in shares of H World Group by 1.3% in the 3rd quarter. Rhumbline Advisers now owns 27,305 shares of the company’s stock worth $1,068,000 after purchasing an additional 352 shares during the last quarter. Ethic Inc. increased its position in H World Group by 5.5% in the second quarter. Ethic Inc. now owns 7,125 shares of the company’s stock worth $244,000 after buying an additional 372 shares during the period. Asset Management One Co. Ltd. lifted its stake in H World Group by 1.4% in the third quarter. Asset Management One Co. Ltd. now owns 33,228 shares of the company’s stock valued at $1,300,000 after buying an additional 466 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in shares of H World Group by 81.0% during the second quarter. EverSource Wealth Advisors LLC now owns 1,450 shares of the company’s stock valued at $49,000 after acquiring an additional 649 shares during the period. Finally, USA Financial Formulas bought a new position in shares of H World Group during the second quarter worth about $28,000. 46.41% of the stock is owned by institutional investors.

H World Group Company Profile

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.