H World Group (NASDAQ:HTHT) Sees Unusually-High Trading Volume – Should You Buy?

Shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) saw strong trading volume on Monday . 11,315,649 shares changed hands during mid-day trading, an increase of 519% from the previous session’s volume of 1,828,804 shares.The stock last traded at $44.5130 and had previously closed at $44.89.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. Wall Street Zen upgraded shares of H World Group from a “hold” rating to a “buy” rating in a report on Sunday. Zacks Research upgraded shares of H World Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 19th. UBS Group upgraded shares of H World Group from a “neutral” rating to a “buy” rating and set a $62.40 price target for the company in a report on Monday, March 9th. Weiss Ratings lowered shares of H World Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, May 18th. Finally, Benchmark upped their price target on shares of H World Group from $52.00 to $60.00 and gave the company a “buy” rating in a report on Thursday, March 19th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, H World Group presently has an average rating of “Buy” and a consensus price target of $61.20.

H World Group Trading Down 0.9%

The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.93 and a current ratio of 0.93. The stock’s 50-day simple moving average is $49.73 and its 200-day simple moving average is $49.52. The firm has a market capitalization of $13.68 billion, a PE ratio of 19.97, a P/E/G ratio of 1.24 and a beta of 0.15.

H World Group (NASDAQ:HTHT) last issued its quarterly earnings data on Saturday, February 14th. The company reported $0.06 earnings per share (EPS) for the quarter. The business had revenue of $932.62 million for the quarter. H World Group had a net margin of 19.22% and a return on equity of 39.73%. As a group, sell-side analysts expect that H World Group Limited Sponsored ADR will post 2.47 EPS for the current fiscal year.

H World Group Dividend Announcement

The business also recently disclosed a dividend, which was paid on Wednesday, May 20th. Shareholders of record on Monday, May 4th were given a dividend of $1.30 per share. This represents a yield of 542.0%. The ex-dividend date of this dividend was Monday, May 4th. H World Group’s payout ratio is presently 114.80%.

Insider Transactions at H World Group

In other H World Group news, Director Theng Fong Hee sold 31,640 shares of the business’s stock in a transaction on Friday, March 20th. The shares were sold at an average price of $50.96, for a total transaction of $1,612,374.40. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 49.40% of the company’s stock.

Institutional Trading of H World Group

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Rovida Investment Management Ltd purchased a new stake in shares of H World Group in the 1st quarter worth about $10,058,000. Oddo BHF Asset Management Sas grew its position in shares of H World Group by 16.7% in the 1st quarter. Oddo BHF Asset Management Sas now owns 4,900 shares of the company’s stock worth $246,000 after buying an additional 700 shares during the period. EverSource Wealth Advisors LLC grew its position in shares of H World Group by 57.3% in the 1st quarter. EverSource Wealth Advisors LLC now owns 2,395 shares of the company’s stock worth $120,000 after buying an additional 872 shares during the period. California State Teachers Retirement System grew its position in shares of H World Group by 51.0% in the 1st quarter. California State Teachers Retirement System now owns 53,642 shares of the company’s stock worth $2,698,000 after buying an additional 18,109 shares during the period. Finally, Quantinno Capital Management LP grew its position in shares of H World Group by 24.1% in the 1st quarter. Quantinno Capital Management LP now owns 40,583 shares of the company’s stock worth $2,041,000 after buying an additional 7,877 shares during the period. 46.41% of the stock is 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.