H World Group (NASDAQ:HTHT) Given Hold (C+) Rating at Weiss Ratings

Weiss Ratings reaffirmed their hold (c+) rating on shares of H World Group (NASDAQ:HTHT) in a research report released on Tuesday,Weiss Ratings reports.

Other equities analysts also recently issued reports about the company. Zacks Research raised H World Group from a “strong sell” rating to a “hold” rating in a research note on Thursday, August 28th. Wall Street Zen raised H World Group from a “hold” rating to a “buy” rating in a research note on Sunday, September 28th. Three analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $40.80.

H World Group Stock Performance

Shares of HTHT stock opened at $37.07 on Tuesday. The company has a market cap of $11.41 billion, a price-to-earnings ratio of 22.33, a price-to-earnings-growth ratio of 1.78 and a beta of 0.35. The stock has a 50 day simple moving average of $36.59 and a 200-day simple moving average of $35.15. H World Group has a 12-month low of $30.13 and a 12-month high of $40.56. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.32.

H World Group Dividend Announcement

The business also recently declared a semi-annual dividend, which was paid on Friday, September 26th. Shareholders of record on Tuesday, September 9th were given a dividend of $0.79 per share. The ex-dividend date of this dividend was Tuesday, September 9th. This represents a yield of 435.0%. H World Group’s dividend payout ratio (DPR) is presently 95.18%.

Hedge Funds Weigh In On H World Group

Hedge funds have recently bought and sold shares of the stock. China Universal Asset Management Co. Ltd. increased its position in H World Group by 5,000.0% during the first quarter. China Universal Asset Management Co. Ltd. now owns 10,200 shares of the company’s stock worth $378,000 after buying an additional 10,000 shares in the last quarter. BRIGHT VALLEY CAPITAL Ltd purchased a new position in H World Group during the first quarter worth $814,000. Bank of New York Mellon Corp increased its position in H World Group by 8.5% during the first quarter. Bank of New York Mellon Corp now owns 220,697 shares of the company’s stock worth $8,168,000 after buying an additional 17,279 shares in the last quarter. Keystone Investors PTE Ltd. boosted its holdings in shares of H World Group by 1,280.0% during the first quarter. Keystone Investors PTE Ltd. now owns 1,901,589 shares of the company’s stock worth $70,378,000 after purchasing an additional 1,763,789 shares during the last quarter. Finally, Northern Trust Corp boosted its holdings in shares of H World Group by 14.2% during the first quarter. Northern Trust Corp now owns 1,264,397 shares of the company’s stock worth $46,795,000 after purchasing an additional 157,044 shares during the last quarter. Hedge funds and other institutional investors own 46.41% of the company’s stock.

About H World Group

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.