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

H World Group Limited Sponsored ADR (NASDAQ:HTHT) has received a consensus recommendation of “Moderate Buy” from the five analysts that are presently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $61.20.

HTHT has been the topic of several recent analyst reports. Benchmark reissued a “buy” rating on shares of H World Group in a research note on Tuesday. Zacks Research lowered H World Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 4th. Weiss Ratings lowered H World Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, August 11th. Finally, Wall Street Zen cut H World Group from a “buy” rating to a “hold” rating in a report on Saturday, August 1st.

Institutional Trading of H World Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. TD Private Client Wealth LLC purchased a new position in H World Group during the 4th quarter valued at $45,000. EverSource Wealth Advisors LLC lifted its position in shares of H World Group by 81.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,450 shares of the company’s stock worth $49,000 after purchasing an additional 649 shares during the period. Caitong International Asset Management Co. Ltd bought a new stake in shares of H World Group during the 3rd quarter valued at about $66,000. Osaic Holdings Inc. increased its position in shares of H World Group by 889.5% during the second quarter. Osaic Holdings Inc. now owns 2,266 shares of the company’s stock valued at $77,000 after buying an additional 2,037 shares during the period. Finally, iA Global Asset Management Inc. increased its position in shares of H World Group by 20.1% during the fourth quarter. iA Global Asset Management Inc. now owns 1,653 shares of the company’s stock valued at $78,000 after buying an additional 277 shares during the period. Hedge funds and other institutional investors own 46.41% of the company’s stock.

H World Group Trading Down 0.8%

Shares of HTHT opened at $49.16 on Friday. The stock has a market capitalization of $15.12 billion, a P/E ratio of 21.66, a PEG ratio of 1.76 and a beta of 0.15. The company has a quick ratio of 0.93, a current ratio of 1.21 and a debt-to-equity ratio of 0.44. The firm has a fifty day simple moving average of $42.66 and a two-hundred day simple moving average of $47.49. H World Group has a twelve month low of $35.35 and a twelve month high of $56.63.

H World Group (NASDAQ:HTHT) last announced its quarterly earnings results on Monday, August 17th. The company reported $0.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.74 by $0.04. The business had revenue of $1.05 billion for the quarter, compared to analyst estimates of $998.88 million. H World Group had a net margin of 18.90% and a return on equity of 41.05%. On average, research analysts anticipate that H World Group will post 2.6 EPS for the current year.

H World Group Cuts Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, September 22nd. Investors of record on Tuesday, September 8th will be issued a dividend of $0.87 per share. This represents a dividend yield of 373.0%. The ex-dividend date is Tuesday, September 8th. H World Group’s dividend payout ratio is currently 112.78%.

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.