H World Group (NASDAQ:HTHT) Cut to “Hold” at Wall Street Zen

Wall Street Zen downgraded shares of H World Group (NASDAQ:HTHT) from a buy rating to a hold rating in a research note issued to investors on Saturday morning,Wall Street Zen reports.

Several other brokerages have also commented on HTHT. Weiss Ratings lowered shares of H World Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, September 10th. Zacks Research downgraded shares of H World Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 4th. Finally, Benchmark restated a “buy” rating on shares of H World Group in a report on Tuesday, August 18th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $61.20.

H World Group Stock Up 0.5%

Shares of NASDAQ HTHT opened at $43.65 on Friday. The company has a market capitalization of $13.42 billion, a price-to-earnings ratio of 19.23, a price-to-earnings-growth ratio of 1.55 and a beta of 0.15. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.21 and a quick ratio of 1.20. The business has a 50-day moving average of $43.99 and a two-hundred day moving average of $46.38. H World Group has a 1 year low of $36.56 and a 1 year high of $56.63.

H World Group (NASDAQ:HTHT) last released its quarterly earnings data on Monday, August 17th. The company reported $0.78 EPS for the quarter, beating analysts’ consensus estimates of $0.74 by $0.04. H World Group had a return on equity of 41.05% and a net margin of 18.90%.The business had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $998.88 million. On average, analysts forecast that H World Group will post 2.6 earnings per share for the current fiscal year.

H World Group Cuts Dividend

The company also recently announced a dividend, which will be paid on Tuesday, September 22nd. Investors of record on Tuesday, September 8th will be given a $0.87 dividend. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a dividend yield of 394.0%. H World Group’s dividend payout ratio is 74.89%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in HTHT. Capital International Investors boosted its stake in shares of H World Group by 71.8% during the fourth quarter. Capital International Investors now owns 8,334,604 shares of the company’s stock worth $392,143,000 after buying an additional 3,483,760 shares during the period. Kontiki Capital Management HK Ltd. grew its holdings in shares of H World Group by 49.6% during the fourth quarter. Kontiki Capital Management HK Ltd. now owns 3,703,788 shares of the company’s stock worth $174,263,000 after buying an additional 1,228,617 shares during the last quarter. Capital International Inc. CA increased its position in H World Group by 406.9% in the 4th quarter. Capital International Inc. CA now owns 840,173 shares of the company’s stock valued at $39,530,000 after acquiring an additional 674,438 shares during the period. Sei Investments Co. raised its stake in H World Group by 263.2% during the 1st quarter. Sei Investments Co. now owns 694,986 shares of the company’s stock valued at $34,951,000 after acquiring an additional 503,629 shares during the last quarter. Finally, KBC Group NV raised its stake in H World Group by 493.2% during the 1st quarter. KBC Group NV now owns 517,397 shares of the company’s stock valued at $26,020,000 after acquiring an additional 430,176 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 Limited (NASDAQ: HTHT) is a global hospitality company that develops, operates and franchises hotels. The company provides accommodation and related services to business and leisure travelers through a portfolio spanning economy, midscale, upscale and luxury segments.

In China, H World’s brands include HanTing Hotel, Hi Inn, Ji Hotel, Starway, Orange Hotel and Crystal Orange. Through its international operations, the company also operates brands such as Steigenberger Hotels & Resorts, IntercityHotel, MAXX by Steigenberger, Jaz in the City and Zleep Hotels.