Brokerages Set H World Group Limited (NASDAQ:HTHT) Target Price at $44.40

H World Group Limited (NASDAQ:HTHT) has received an average recommendation of “Moderate Buy” from the seven research firms that are currently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month price objective among analysts that have covered the stock in the last year is $44.40.

A number of equities analysts recently commented on the stock. HSBC downgraded 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 note on Wednesday, February 5th. Hsbc Global Res cut shares of H World Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 4th. Finally, Benchmark reduced 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 report on Wednesday, November 27th.

H World Group Stock Performance

Shares of HTHT stock opened at $37.51 on Friday. The company has a current ratio of 0.88, a quick ratio of 0.87 and a debt-to-equity ratio of 0.60. The firm has a fifty day moving average price of $33.57 and a 200 day moving average price of $34.10. The company has a market cap of $11.75 billion, a P/E ratio of 22.73, a PEG 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.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in HTHT. Capital Research Global Investors purchased a new position in H World Group in the fourth quarter valued at about $307,715,000. Temasek Holdings Private Ltd acquired a new stake in shares of H World Group in the third quarter valued at approximately $81,840,000. Nuveen Asset Management LLC grew its position in shares of H World Group by 625.5% in the fourth quarter. Nuveen Asset Management LLC now owns 2,136,770 shares of the company’s stock valued at $70,578,000 after purchasing an additional 1,842,244 shares during the last quarter. Capital International Investors grew its position in shares of H World Group by 18.4% in the fourth quarter. Capital International Investors now owns 9,334,577 shares of the company’s stock valued at $308,321,000 after purchasing an additional 1,452,364 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its position in shares of H World Group by 1,325.5% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,153,267 shares of the company’s stock valued at $38,092,000 after purchasing an additional 1,072,366 shares during the last quarter. 46.41% of the stock is 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.