H World Group (NASDAQ:HTHT) Downgraded by Wall Street Zen to “Hold”

Wall Street Zen lowered shares of H World Group (NASDAQ:HTHT) from a buy rating to a hold rating in a research note issued to investors on Tuesday.

Several other equities research analysts also recently weighed in on the company. Zacks Research raised H World Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 7th. Weiss Ratings restated a “buy (b-)” rating on shares of H World Group in a research note on Monday, December 29th. Benchmark lifted their price target on H World Group from $48.00 to $52.00 and gave the company a “buy” rating in a research report on Tuesday, November 18th. HSBC upgraded H World Group from a “hold” rating to a “buy” rating in a research report on Monday, October 27th. Finally, Hsbc Global Res raised shares of H World Group from a “hold” rating to a “strong-buy” rating in a report on Monday, October 27th. Two equities research analysts have rated the stock with a Strong Buy rating and five have given a Buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $42.13.

H World Group Stock Up 4.8%

HTHT stock opened at $50.90 on Tuesday. The company has a market capitalization of $15.67 billion, a P/E ratio of 29.25, a price-to-earnings-growth ratio of 1.13 and a beta of 0.14. H World Group has a 12 month low of $30.13 and a 12 month high of $51.06. The firm’s fifty day simple moving average is $45.82 and its 200-day simple moving average is $39.17. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.85 and a quick ratio of 0.84.

Institutional Investors Weigh In On H World Group

A number of institutional investors have recently added to or reduced their stakes in the stock. USA Financial Formulas acquired a new position in H World Group during the second quarter worth $28,000. Hantz Financial Services Inc. increased its stake in shares of H World Group by 575.7% during the second quarter. Hantz Financial Services Inc. now owns 1,446 shares of the company’s stock worth $49,000 after purchasing an additional 1,232 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in shares of H World Group by 81.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,450 shares of the company’s stock worth $49,000 after purchasing an additional 649 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new position in H World Group in the 3rd quarter valued at about $66,000. Finally, PNC Financial Services Group Inc. boosted its holdings in H World Group by 82.2% in the 2nd quarter. PNC Financial Services Group Inc. now owns 2,146 shares of the company’s stock worth $73,000 after buying an additional 968 shares during the last quarter. Institutional investors and hedge funds own 46.41% of the company’s stock.

H World Group Company Profile

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.