H World Group (NASDAQ:HTHT) Upgraded by Wall Street Zen to “Buy” Rating

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

Several other equities analysts have also recently commented on the stock. Hsbc Global Res raised shares of H World Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 27th. Benchmark raised their price target on shares of H World Group from $48.00 to $52.00 and gave the company a “buy” rating in a report on Tuesday, November 18th. HSBC raised shares of H World Group from a “hold” rating to a “buy” rating in a report on Monday, October 27th. Zacks Research lowered H World Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 5th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of H World Group in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $42.13.

H World Group Price Performance

Shares of NASDAQ HTHT opened at $47.51 on Friday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.84 and a current ratio of 0.85. H World Group has a fifty-two week low of $30.20 and a fifty-two week high of $51.46. The stock has a market cap of $14.63 billion, a PE ratio of 27.30, a price-to-earnings-growth ratio of 1.14 and a beta of 0.14. The stock has a fifty day moving average of $48.34 and a 200-day moving average of $41.12.

Hedge Funds Weigh In On H World Group

Hedge funds and other institutional investors have recently modified their holdings of the company. Schroder Investment Management Group raised its holdings in shares of H World Group by 5.5% during the 3rd quarter. Schroder Investment Management Group now owns 13,177,593 shares of the company’s stock valued at $515,376,000 after buying an additional 690,149 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp raised its stake in shares of H World Group by 43.2% during the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 8,026,731 shares of the company’s stock worth $313,925,000 after acquiring an additional 2,420,473 shares in the last quarter. Capital International Investors lifted its holdings in shares of H World Group by 65.2% in the 3rd quarter. Capital International Investors now owns 4,850,844 shares of the company’s stock worth $189,717,000 after acquiring an additional 1,913,672 shares during the last quarter. WFM ASIA BVI Ltd boosted its stake in shares of H World Group by 65.8% in the 2nd quarter. WFM ASIA BVI Ltd now owns 3,035,416 shares of the company’s stock valued at $102,961,000 after purchasing an additional 1,204,300 shares in the last quarter. Finally, Kontiki Capital Management HK Ltd. bought a new position in shares of H World Group during the 3rd quarter valued at $96,804,000. 46.41% of the stock is currently owned by hedge funds and other institutional investors.

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.