H World Group (NASDAQ:HTHT) Cut to Hold at Wall Street Zen

Wall Street Zen cut shares of H World Group (NASDAQ:HTHT) from a buy rating to a hold rating in a research report report published on Saturday morning.

Several other equities analysts also recently weighed in on the company. Weiss Ratings reissued a “buy (b-)” rating on shares of H World Group in a research report on Monday, December 29th. Zacks Research lowered shares of H World Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 5th. HSBC raised shares of H World Group from a “hold” rating to a “buy” rating in a research note on Monday, October 27th. Finally, Benchmark lifted their price target on shares of H World Group from $48.00 to $52.00 and gave the stock a “buy” rating in a research note on Tuesday, November 18th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $47.00.

H World Group Stock Down 1.5%

Shares of NASDAQ:HTHT opened at $52.53 on Friday. The company has a market cap of $16.17 billion, a price-to-earnings ratio of 30.19, a PEG ratio of 1.22 and a beta of 0.16. H World Group has a 12 month low of $30.20 and a 12 month high of $55.25. The company has a current ratio of 0.85, a quick ratio of 0.84 and a debt-to-equity ratio of 0.32. The company has a 50-day moving average price of $49.29 and a 200 day moving average price of $42.58.

Institutional Investors Weigh In On H World Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Schroder Investment Management Group grew its stake in H World Group by 95.0% in the 2nd quarter. Schroder Investment Management Group now owns 12,487,444 shares of the company’s stock worth $423,574,000 after acquiring an additional 6,082,369 shares in the last quarter. Capital International Investors boosted its holdings in shares of H World Group by 71.8% in the fourth quarter. Capital International Investors now owns 8,334,604 shares of the company’s stock valued at $392,143,000 after purchasing an additional 3,483,760 shares during the period. Kontiki Capital Management HK Ltd. bought a new position in H World Group in the third quarter worth approximately $96,804,000. Mitsubishi UFJ Trust & Banking Corp increased its holdings in H World Group by 43.2% during the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 8,026,731 shares of the company’s stock worth $313,925,000 after purchasing an additional 2,420,473 shares during the period. Finally, Capitolis Liquid Global Markets LLC bought a new stake in H World Group during the 3rd quarter valued at $87,153,000. Institutional investors own 46.41% of the company’s stock.

About H World Group

H World Group, formerly known as Huazhu Group, is a leading hotel management and franchising company primarily serving the China market. The company operates a broad portfolio of midscale to luxury hotel brands, including Hi Inn, Blossom, Manxin, Madison International, Joya, Grand Mercure, Novotel, Mercure and ibis. Through a network of both directly managed and franchised properties, H World Group caters to business and leisure travelers by offering consistent service standards and loyalty benefits across its brands.

In addition to its core hotel operations, H World Group provides technology-driven hospitality solutions such as centralized reservation systems, revenue management platforms and customer relationship management tools.