H World Group (NASDAQ:HTHT) Stock Gets Downgrade from Wall Street Zen

H World Group (NASDAQ:HTHT) was downgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued on Saturday, Wall Street Zen reports.

A number of other brokerages have also issued reports on HTHT. Benchmark restated a “buy” rating on shares of H World Group in a research note on Tuesday, August 18th. Weiss Ratings raised shares of H World Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 9th. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $61.20.

H World Group Price Performance

HTHT stock opened at $46.50 on Friday. The company has a quick ratio of 1.20, a current ratio of 1.21 and a debt-to-equity ratio of 0.44. H World Group has a 52-week low of $37.09 and a 52-week high of $56.63. The stock’s 50 day moving average is $44.48 and its two-hundred day moving average is $45.37. The company has a market capitalization of $14.67 billion, a PE ratio of 20.48, a P/E/G ratio of 1.66 and a beta of 0.14.

H World Group (NASDAQ:HTHT) last announced its earnings results on Friday, August 14th. The company reported $0.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.74 by $0.04. The company had revenue of $1.05 billion for the quarter, compared to analyst estimates of $998.88 million. H World Group had a return on equity of 41.05% and a net margin of 18.90%. Analysts predict that H World Group will post 2.60 earnings per share for the current fiscal year.

Institutional Trading of H World Group

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Farther Finance Advisors LLC lifted its stake in H World Group by 54.4% in the third quarter. Farther Finance Advisors LLC now owns 1,430 shares of the company’s stock valued at $61,000 after buying an additional 504 shares during the last quarter. Tidal Investments LLC acquired a new position in shares of H World Group during the second quarter valued at $537,000. National Pension Service grew its position in shares of H World Group by 64.8% during the second quarter. National Pension Service now owns 102,774 shares of the company’s stock worth $4,288,000 after acquiring an additional 40,405 shares during the last quarter. WINTON GROUP Ltd grew its position in shares of H World Group by 46.7% during the second quarter. WINTON GROUP Ltd now owns 8,800 shares of the company’s stock worth $367,000 after acquiring an additional 2,800 shares during the last quarter. Finally, Nykredit A S bought a new position in shares of H World Group during the second quarter worth about $4,091,000. 46.41% of the stock is currently owned by institutional investors and hedge funds.

About H World Group

H World Group Limited is a hospitality company that develops, owns, leases, manages and franchises a portfolio of hotels. The company operates across multiple market segments, offering economy, midscale, upscale and luxury accommodations under a range of proprietary and internationally recognized brands.

Its Chinese portfolio includes brands such as HanTing Hotel, Hi Inn, Elan Hotel, Ji Hotel, Orange Hotel, Starway Hotel and Manxin Hotel. Through its international operations, H World also manages brands associated with Steigenberger Hotels AG, including Steigenberger Hotels & Resorts, IntercityHotel, MAXX by Steigenberger, Jaz in the City and Zleep Hotels.