Brokerages Set H World Group Limited Sponsored ADR (NASDAQ:HTHT) Target Price at $47.00

Shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) have been given a consensus rating of “Moderate Buy” by the six brokerages that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $47.00.

A number of research analysts have weighed in on the company. Zacks Research lowered H World Group from a “strong-buy” rating to a “hold” rating in a report on Monday, January 5th. Weiss Ratings reiterated a “buy (b-)” rating on shares of H World Group in a research report on Monday, December 29th. Wall Street Zen cut H World Group from a “buy” rating to a “hold” rating in a report on Saturday, February 14th. HSBC raised shares of H World Group from a “hold” rating to a “buy” rating in a research report on Monday, October 27th. Finally, Benchmark upped their price target on H World Group from $48.00 to $52.00 and gave the company a “buy” rating in a research note on Tuesday, November 18th.

H World Group Price Performance

Shares of H World Group stock opened at $54.25 on Friday. The stock has a market capitalization of $16.70 billion, a P/E ratio of 31.18, a PEG ratio of 1.26 and a beta of 0.16. The business has a 50 day simple moving average of $49.89 and a two-hundred day simple moving average of $43.38. H World Group has a 12 month low of $30.20 and a 12 month high of $55.25. 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 made changes to their positions in the stock. AQR Capital Management LLC raised its stake in shares of H World Group by 11.2% in the 1st quarter. AQR Capital Management LLC now owns 9,319 shares of the company’s stock valued at $338,000 after acquiring an additional 936 shares during the period. Vanguard Personalized Indexing Management LLC increased its holdings in H World Group by 47.6% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 8,156 shares of the company’s stock valued at $277,000 after purchasing an additional 2,631 shares during the last quarter. Ethic Inc. raised its position in H World Group by 5.5% in the second quarter. Ethic Inc. now owns 7,125 shares of the company’s stock valued at $244,000 after purchasing an additional 372 shares during the period. State of New Jersey Common Pension Fund D raised its position in H World Group by 48.4% in the second quarter. State of New Jersey Common Pension Fund D now owns 254,803 shares of the company’s stock valued at $8,643,000 after purchasing an additional 83,112 shares during the period. Finally, Y Intercept Hong Kong Ltd acquired a new position in H World Group during the second quarter worth $350,000. 46.41% of the stock is currently owned by institutional investors and hedge funds.

About H World Group

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.