H World Group Limited (NASDAQ:HTHT) Receives $44.68 Consensus Target Price from Brokerages

H World Group Limited (NASDAQ:HTHT - Get Free Report) has been assigned an average recommendation of "Moderate Buy" from the six ratings firms that are covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $44.68.

Several research analysts recently issued reports on the company. Hsbc Global Res lowered H World Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, February 4th. HSBC downgraded H World Group from a "buy" rating to a "hold" rating and set a $32.40 price objective for the company. in a research report on Wednesday, February 5th.

H World Group Trading Down 3.4 %

Shares of NASDAQ:HTHT traded down $1.31 during midday trading on Thursday, hitting $36.77. 2,036,998 shares of the stock were exchanged, compared to its average volume of 1,902,726. The business's 50-day moving average price is $35.27 and its 200 day moving average price is $34.96. The stock has a market capitalization of $11.52 billion, a price-to-earnings ratio of 22.28, a P/E/G ratio of 1.28 and a beta of 0.70. H World Group has a 12 month low of $27.03 and a 12 month high of $42.98. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.87 and a current ratio of 0.88.

H World Group Increases Dividend

The firm also recently disclosed a -- dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 9th will be paid a $0.95 dividend. This represents a dividend yield of 4.1%. This is an increase from H World Group's previous -- dividend of $0.34. The ex-dividend date is Wednesday, April 9th. H World Group's payout ratio is currently 141.79%.

Institutional Investors Weigh In On H World Group

A number of hedge funds have recently added to or reduced their stakes in HTHT. Massachusetts Financial Services Co. MA acquired a new stake in shares of H World Group during the 3rd quarter worth approximately $1,921,000. Quantbot Technologies LP boosted its stake in H World Group by 21.4% during the third quarter. Quantbot Technologies LP now owns 62,935 shares of the company's stock worth $2,341,000 after acquiring an additional 11,081 shares in the last quarter. Verition Fund Management LLC acquired a new stake in H World Group in the third quarter worth $1,151,000. Point72 Hong Kong Ltd bought a new stake in H World Group in the third quarter valued at $418,000. Finally, Temasek Holdings Private Ltd acquired a new position in shares of H World Group during the third quarter valued at about $81,840,000. 46.41% of the stock is currently owned by 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.