H World Group Limited Sponsored ADR (NASDAQ:HTHT) Given Consensus Recommendation of “Buy” by Analysts

Shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) have earned an average recommendation of “Buy” from the five analysts that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $61.20.

A number of equities analysts recently commented on the stock. Wall Street Zen upgraded shares of H World Group from a “hold” rating to a “buy” rating in a research report on Sunday. Zacks Research upgraded shares of H World Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 19th. Weiss Ratings cut shares of H World Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, May 18th. Benchmark raised their price target on shares of H World Group from $52.00 to $60.00 and gave the stock a “buy” rating in a report on Thursday, March 19th. Finally, UBS Group raised shares of H World Group from a “neutral” rating to a “buy” rating and set a $62.40 price target on the stock in a report on Monday, March 9th.

H World Group Stock Performance

H World Group stock opened at $44.89 on Monday. The firm’s fifty day moving average price is $49.73 and its 200-day moving average price is $49.52. 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 has a market cap of $13.80 billion, a P/E ratio of 20.13, a price-to-earnings-growth ratio of 1.24 and a beta of 0.11. H World Group has a fifty-two week low of $30.41 and a fifty-two week high of $56.63.

H World Group (NASDAQ:HTHT) last posted its quarterly earnings data on Saturday, February 14th. The company reported $0.06 earnings per share for the quarter. The firm 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%. On average, equities research analysts expect that H World Group will post 2.47 earnings per share for the current fiscal year.

H World Group Announces Dividend

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

Insider Transactions at H World Group

In other news, Director Theng Fong Hee sold 31,640 shares of the business’s stock in a transaction that occurred 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 49.40% of the company’s stock.

Institutional Trading of H World Group

Several large investors have recently added to or reduced their stakes in the business. Rovida Investment Management Ltd bought a new position in shares of H World Group in the first quarter worth approximately $10,058,000. Oddo BHF Asset Management Sas boosted its position in shares of H World Group by 16.7% in the first quarter. Oddo BHF Asset Management Sas now owns 4,900 shares of the company’s stock worth $246,000 after purchasing an additional 700 shares during the period. EverSource Wealth Advisors LLC boosted its position in shares of H World Group by 57.3% in the first quarter. EverSource Wealth Advisors LLC now owns 2,395 shares of the company’s stock worth $120,000 after purchasing an additional 872 shares during the period. California State Teachers Retirement System boosted its position in shares of H World Group by 51.0% in the first quarter. California State Teachers Retirement System now owns 53,642 shares of the company’s stock worth $2,698,000 after purchasing an additional 18,109 shares during the period. Finally, Quantinno Capital Management LP boosted its position in shares of H World Group by 24.1% in the first quarter. Quantinno Capital Management LP now owns 40,583 shares of the company’s stock worth $2,041,000 after purchasing an additional 7,877 shares during the period. 46.41% of the stock is currently owned by institutional investors.

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.