H World Group (NASDAQ:HTHT) Trading Up 5.1% - Time to Buy?

H World Group Limited (NASDAQ:HTHT - Get Free Report)'s share price shot up 5.1% during trading on Wednesday . The stock traded as high as $39.12 and last traded at $38.46. 440,708 shares traded hands during trading, a decline of 79% from the average session volume of 2,083,230 shares. The stock had previously closed at $36.61.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on HTHT. Hsbc Global Res lowered shares of H World Group from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 4th. HSBC downgraded 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 lowered their price target on H World Group from $53.00 to $48.00 and set a "buy" rating on the stock in a research report on Wednesday, November 27th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat.com, H World Group presently has an average rating of "Moderate Buy" and an average price target of $44.40.

H World Group Stock Down 1.6 %

The company has a debt-to-equity ratio of 0.60, a current ratio of 0.88 and a quick ratio of 0.87. The stock has a market capitalization of $11.38 billion, a P/E ratio of 22.01, a PEG ratio of 1.30 and a beta of 0.70. The stock's fifty day moving average is $32.90 and its two-hundred day moving average is $33.46.

H World Group (NASDAQ:HTHT - Get Free Report) last posted its quarterly earnings data on Tuesday, November 26th. The company reported $0.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.67 by ($0.09). H World Group had a return on equity of 30.41% and a net margin of 15.97%. During the same period last year, the company posted $0.56 EPS. As a group, research analysts predict that H World Group Limited will post 1.65 earnings per share for the current fiscal year.

Hedge Funds Weigh In On H World Group

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HTHT. Public Employees Retirement System of Ohio boosted its holdings in shares of H World Group by 135.1% during the 4th quarter. Public Employees Retirement System of Ohio now owns 30,896 shares of the company's stock worth $1,020,000 after buying an additional 17,756 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in H World Group by 6.8% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,496,643 shares of the company's stock worth $49,434,000 after acquiring an additional 95,737 shares during the last quarter. Vident Advisory LLC boosted its holdings in H World Group by 27.2% during the fourth quarter. Vident Advisory LLC now owns 27,326 shares of the company's stock valued at $903,000 after acquiring an additional 5,843 shares during the period. Temasek Holdings Private Ltd grew its position in shares of H World Group by 87.2% in the fourth quarter. Temasek Holdings Private Ltd now owns 4,117,528 shares of the company's stock valued at $136,002,000 after purchasing an additional 1,917,528 shares during the last quarter. Finally, Triata Capital Ltd bought a new position in shares of H World Group in the fourth quarter worth about $6,910,000. Institutional investors own 46.41% of the company's stock.

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.