H World Group Limited (NASDAQ:HTHT) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

H World Group Limited (NASDAQ:HTHT - Get Free Report) has earned an average rating of "Moderate Buy" from the seven ratings firms that are presently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $44.40.

A number of research firms have recently commented on HTHT. Hsbc Global Res lowered shares of H World Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, February 4th. HSBC lowered shares of H World Group from a "buy" rating to a "hold" rating and set a $32.40 target price for the company. in a research report on Wednesday, February 5th. Finally, Benchmark cut their target price on shares of H World Group from $53.00 to $48.00 and set a "buy" rating for the company in a research report on Wednesday, November 27th.

H World Group Price Performance

Shares of HTHT traded up $0.93 during mid-day trading on Friday, reaching $37.55. 1,823,396 shares of the stock traded hands, compared to its average volume of 2,033,319. The firm has a fifty day moving average price of $33.36 and a 200 day moving average price of $33.95. The company has a market cap of $11.77 billion, a price-to-earnings ratio of 22.76, a price-to-earnings-growth ratio of 1.28 and a beta of 0.70. The company has a current ratio of 0.88, a quick ratio of 0.87 and a debt-to-equity ratio of 0.60. H World Group has a 1 year low of $27.03 and a 1 year high of $42.98.

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Institutional Trading of H World Group

Several institutional investors have recently added to or reduced their stakes in HTHT. Creative Planning boosted its position in H World Group by 62.6% during the third quarter. Creative Planning now owns 21,075 shares of the company's stock valued at $784,000 after buying an additional 8,111 shares during the period. abrdn plc boosted its position in H World Group by 38.9% during the third quarter. abrdn plc now owns 112,279 shares of the company's stock valued at $4,263,000 after buying an additional 31,431 shares during the period. Fiera Capital Corp boosted its position in H World Group by 87.1% during the third quarter. Fiera Capital Corp now owns 56,213 shares of the company's stock valued at $2,091,000 after buying an additional 26,175 shares during the period. XY Capital Ltd purchased a new stake in H World Group during the third quarter valued at about $3,145,000. Finally, GSA Capital Partners LLP bought a new position in shares of H World Group during the third quarter valued at about $538,000. 46.41% of the stock is currently owned by hedge funds and other institutional investors.

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.