Brokerages Set H World Group Limited Sponsored ADR (NASDAQ:HTHT) Price Target at $47.00

H World Group Limited Sponsored ADR (NASDAQ:HTHT) has been assigned a consensus recommendation of “Moderate Buy” from the six analysts that are currently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $47.00.

HTHT has been the topic of several research analyst reports. Weiss Ratings reissued a “buy (b-)” rating on shares of H World Group in a research report on Monday, December 29th. Benchmark upped their price target on shares of H World Group from $48.00 to $52.00 and gave the company a “buy” rating in a research note on Tuesday, November 18th. Zacks Research cut shares of H World Group from a “strong-buy” rating to a “hold” rating in a report on Monday, January 5th. Finally, Wall Street Zen cut H World Group from a “buy” rating to a “hold” rating in a report on Saturday, February 14th.

H World Group Stock Down 2.2%

HTHT opened at $54.80 on Friday. The stock’s fifty day simple moving average is $50.44 and its 200 day simple moving average is $43.85. H World Group has a 1-year low of $30.20 and a 1-year high of $56.63. The stock has a market cap of $16.87 billion, a PE ratio of 31.49, a price-to-earnings-growth ratio of 1.31 and a beta of 0.16. The company has a current ratio of 0.85, a quick ratio of 0.84 and a debt-to-equity ratio of 0.32.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Principal Financial Group Inc. bought a new position in H World Group during the third quarter worth about $12,207,000. Rovida Advisors Inc. acquired a new position in shares of H World Group during the 2nd quarter worth approximately $8,480,000. Campbell & CO Investment Adviser LLC acquired a new position in shares of H World Group during the 3rd quarter worth approximately $415,000. Schroder Investment Management Group increased its holdings in shares of H World Group by 95.0% during the second quarter. Schroder Investment Management Group now owns 12,487,444 shares of the company’s stock worth $423,574,000 after purchasing an additional 6,082,369 shares during the period. Finally, Greenwoods Asset Management Hong Kong Ltd. acquired a new stake in shares of H World Group in the second quarter valued at approximately $5,997,000. Institutional investors own 46.41% of the company’s stock.

About H World Group

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.