H World Group Limited (NASDAQ:HTHT) Short Interest Update

H World Group Limited (NASDAQ:HTHT) was the target of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 10,110,000 shares, a growth of 10.4% from the March 31st total of 9,160,000 shares. Based on an average trading volume of 1,820,000 shares, the days-to-cover ratio is currently 5.6 days.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on HTHT shares. Benchmark reaffirmed a “buy” rating and issued a $64.00 target price on shares of H World Group in a research note on Friday, March 22nd. CLSA started coverage on H World Group in a research note on Friday, April 26th. They issued a “buy” rating and a $47.00 target price for the company. Macquarie started coverage on H World Group in a research note on Friday, April 19th. They issued an “outperform” rating and a $48.00 target price for the company. JPMorgan Chase & Co. raised their target price on H World Group from $40.00 to $45.00 and gave the stock an “overweight” rating in a research note on Friday, March 22nd. Finally, Bank of America reduced their price objective on shares of H World Group from $51.00 to $43.00 and set a “buy” rating on the stock in a report on Wednesday, March 13th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, H World Group has a consensus rating of “Moderate Buy” and an average price target of $49.40.

Institutional Trading of H World Group

A number of institutional investors and hedge funds have recently bought and sold shares of HTHT. Federated Hermes Inc. purchased a new stake in H World Group during the third quarter worth about $72,809,000. Norges Bank acquired a new position in shares of H World Group during the fourth quarter worth about $46,460,000. Schroder Investment Management Group grew its position in shares of H World Group by 6.8% during the fourth quarter. Schroder Investment Management Group now owns 16,389,954 shares of the company’s stock worth $548,080,000 after buying an additional 1,039,888 shares in the last quarter. Broad Peak Investment Holdings Ltd. grew its position in shares of H World Group by 110.7% during the third quarter. Broad Peak Investment Holdings Ltd. now owns 1,360,801 shares of the company’s stock worth $53,656,000 after buying an additional 714,801 shares in the last quarter. Finally, Zeal Asset Management Ltd acquired a new position in shares of H World Group during the third quarter worth about $26,282,000. 46.41% of the stock is currently owned by hedge funds and other institutional investors.

H World Group Trading Up 2.6 %

HTHT traded up $0.97 on Wednesday, hitting $37.68. The company had a trading volume of 433,017 shares, compared to its average volume of 1,834,323. The firm has a market cap of $12.30 billion, a P/E ratio of 20.86, a PEG ratio of 1.31 and a beta of 0.92. H World Group has a 1 year low of $30.20 and a 1 year high of $48.84. The company’s fifty day moving average price is $38.13 and its 200 day moving average price is $35.74. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 0.32.

H World Group (NASDAQ:HTHT) last issued its quarterly earnings results on Wednesday, March 20th. The company reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.31 by $0.02. The company had revenue of $786.00 million for the quarter, compared to analyst estimates of $759.99 million. H World Group had a net margin of 18.62% and a return on equity of 31.50%. As a group, equities analysts expect that H World Group will post 1.94 earnings per share for the current year.

H World Group Company Profile

H World Group Limited, together with its subsidiaries, develops leased and owned, manachised, and franchised hotels primarily 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.