H World Group (NASDAQ:HTHT) Cut to "Hold" at HSBC

H World Group (NASDAQ:HTHT - Get Free Report) was downgraded by research analysts at HSBC from a "buy" rating to a "hold" rating in a report issued on Wednesday, Marketbeat reports. They presently have a $32.40 price target on the stock. HSBC's price target would suggest a potential downside of 0.52% from the company's current price.

Separately, Benchmark lowered their price target on shares of H World Group from $53.00 to $48.00 and set a "buy" rating on the stock in a report on Wednesday, November 27th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $44.40.

H World Group Trading Up 3.4 %

HTHT stock traded up $1.07 during midday trading on Wednesday, reaching $32.57. The stock had a trading volume of 2,650,991 shares, compared to its average volume of 1,587,123. The firm has a market cap of $10.21 billion, a price-to-earnings ratio of 19.74, a PEG ratio of 1.09 and a beta of 0.70. H World Group has a twelve month low of $27.03 and a twelve month high of $42.98. The company has a quick ratio of 0.87, a current ratio of 0.88 and a debt-to-equity ratio of 0.60. The business has a fifty day simple moving average of $32.58 and a two-hundred day simple moving average of $33.11.

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

Institutional Investors Weigh In On H World Group

Several hedge funds and other institutional investors have recently made changes to their positions in HTHT. Daiwa Securities Group Inc. bought a new position in shares of H World Group during the fourth quarter valued at about $33,000. US Bancorp DE raised its stake in shares of H World Group by 21.2% during the 4th quarter. US Bancorp DE now owns 4,839 shares of the company's stock worth $160,000 after purchasing an additional 845 shares during the period. Blue Trust Inc. grew its position in H World Group by 293.2% during the third quarter. Blue Trust Inc. now owns 4,817 shares of the company's stock valued at $179,000 after buying an additional 3,592 shares during the period. Greenleaf Trust purchased a new stake in H World Group during the third quarter worth about $210,000. Finally, Sumitomo Mitsui DS Asset Management Company Ltd raised its position in H World Group by 11.9% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 8,778 shares of the company's stock worth $290,000 after acquiring an additional 936 shares during the period. 46.41% of the stock is 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.