Wall Street Zen Downgrades H World Group (NASDAQ:HTHT) to Hold

H World Group (NASDAQ:HTHT) was downgraded by investment analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a note issued to investors on Tuesday.

Other equities research analysts also recently issued research reports about the stock. Hsbc Global Res upgraded shares of H World Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 27th. Weiss Ratings reissued a “buy (b-)” rating on shares of H World Group in a report on Monday, December 29th. Zacks Research upgraded shares of H World Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 7th. Benchmark upped their price objective on shares of H World Group from $48.00 to $52.00 and gave the company a “buy” rating in a research report on Tuesday, November 18th. Finally, HSBC upgraded shares of H World Group from a “hold” rating to a “buy” rating in a research note on Monday, October 27th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, H World Group presently has a consensus rating of “Buy” and an average target price of $42.13.

H World Group Stock Performance

HTHT opened at $49.80 on Tuesday. 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 stock’s 50 day moving average price is $46.05 and its two-hundred day moving average price is $39.24. The firm has a market capitalization of $15.33 billion, a P/E ratio of 28.62, a price-to-earnings-growth ratio of 1.19 and a beta of 0.14. H World Group has a 12-month low of $30.13 and a 12-month high of $51.06.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Nordea Investment Management AB raised its stake in shares of H World Group by 40.2% in the second quarter. Nordea Investment Management AB now owns 790,947 shares of the company’s stock valued at $26,865,000 after acquiring an additional 226,865 shares during the last quarter. Rovida Advisors Inc. acquired a new stake in H World Group during the 2nd quarter valued at $8,480,000. US Bancorp DE increased its holdings in H World Group by 221.3% during the 2nd quarter. US Bancorp DE now owns 21,207 shares of the company’s stock valued at $719,000 after purchasing an additional 14,607 shares in the last quarter. Schroder Investment Management Group raised its position in H World Group by 95.0% in the 2nd quarter. Schroder Investment Management Group now owns 12,487,444 shares of the company’s stock valued at $423,574,000 after purchasing an additional 6,082,369 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new position in H World Group in the second quarter worth $350,000. Institutional investors own 46.41% of the company’s stock.

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.