Analysts Set H World Group Limited Sponsored ADR (NASDAQ:HTHT) PT at $42.13

H World Group Limited Sponsored ADR (NASDAQ:HTHT) has been given a consensus recommendation of “Buy” by the seven ratings firms that are currently covering the firm, Marketbeat.com reports. Five research analysts have rated the stock with a buy recommendation and two have issued a strong buy recommendation on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $42.1333.

Several brokerages have recently commented on HTHT. Wall Street Zen downgraded H World Group from a “buy” rating to a “hold” rating in a report on Saturday, November 22nd. Benchmark lifted their price objective on H World Group from $48.00 to $52.00 and gave the company a “buy” rating in a research report on Tuesday, November 18th. HSBC raised H World Group from a “hold” rating to a “buy” rating in a research note on Monday, October 27th. Weiss Ratings upgraded H World Group from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday. Finally, Hsbc Global Res raised H World Group from a “hold” rating to a “strong-buy” rating in a report on Monday, October 27th.

Hedge Funds Weigh In On H World Group

A number of large investors have recently modified their holdings of HTHT. US Bancorp DE increased its holdings in shares of H World Group by 36.4% in the first quarter. US Bancorp DE now owns 6,600 shares of the company’s stock valued at $244,000 after purchasing an additional 1,761 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in H World Group by 30.8% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 213,968 shares of the company’s stock valued at $7,919,000 after buying an additional 50,417 shares during the last quarter. Swiss National Bank increased its stake in shares of H World Group by 2.0% in the 1st quarter. Swiss National Bank now owns 470,509 shares of the company’s stock valued at $17,414,000 after buying an additional 9,400 shares during the period. Nuveen LLC bought a new stake in shares of H World Group during the first quarter worth $60,903,000. Finally, AIA Group Ltd raised its position in shares of H World Group by 4.7% during the first quarter. AIA Group Ltd now owns 308,636 shares of the company’s stock worth $11,423,000 after acquiring an additional 13,953 shares during the last quarter. 46.41% of the stock is currently owned by institutional investors and hedge funds.

H World Group Trading Up 2.5%

Shares of H World Group stock opened at $48.66 on Monday. The stock has a market capitalization of $14.98 billion, a P/E ratio of 27.97, a price-to-earnings-growth ratio of 1.34 and a beta of 0.12. H World Group has a 12-month low of $30.13 and a 12-month high of $48.72. The company has a quick ratio of 0.84, a current ratio of 0.85 and a debt-to-equity ratio of 0.32. The company has a 50-day simple moving average of $41.93 and a 200 day simple moving average of $37.36.

About H World Group

H World Group Limited develops leased and owned, manachised, and franchised hotels in the People's Republic of China. The company operates hotels under its own brands, such as HanTing Hotel, Ni Hao Hotel, Hi Inn, Elan Hotel, Zleep Hotels, Ibis Hotel, JI Hotel, Orange Hotel, Starway Hotel, Ibis Styles Hotel, CitiGO Hotel, Crystal Orange Hotel, IntercityHotel, Manxin Hotel, Mercure Hotel, Madison Hotel, Novotel Hotel, Joya Hotel, Blossom House, Steigenberger Hotels & Resorts, MAXX by Steigenberger, Jaz in the City, Grand Mercure, Steigenberger Icon, and Song Hotels.