H World Group (NASDAQ:HTHT) Sets New 52-Week High – What’s Next?

H World Group Limited Sponsored ADR (NASDAQ:HTHT) shares reached a new 52-week high during trading on Wednesday . The company traded as high as $55.50 and last traded at $54.6420, with a volume of 195729 shares trading hands. The stock had previously closed at $54.55.

Wall Street Analyst Weigh In

Several research firms have weighed in on HTHT. 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 report on Monday, December 29th. Wall Street Zen cut H World Group from a “buy” rating to a “hold” rating in a research note on Saturday, February 14th. Finally, Benchmark raised their target price on shares of H World Group from $48.00 to $52.00 and gave the stock a “buy” rating in a report on Tuesday, November 18th. Five investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $47.00.

H World Group Stock Up 0.0%

The stock’s fifty day moving average price is $50.03 and its 200-day moving average price is $43.53. 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 market capitalization of $16.80 billion, a price-to-earnings ratio of 31.32, a P/E/G ratio of 1.26 and a beta of 0.16.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. TD Private Client Wealth LLC acquired a new position in shares of H World Group during the 4th quarter worth approximately $45,000. Hantz Financial Services Inc. increased its holdings in H World Group by 575.7% during the second quarter. Hantz Financial Services Inc. now owns 1,446 shares of the company’s stock worth $49,000 after buying an additional 1,232 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in H World Group by 81.0% during the second quarter. EverSource Wealth Advisors LLC now owns 1,450 shares of the company’s stock worth $49,000 after acquiring an additional 649 shares in the last quarter. iA Global Asset Management Inc. lifted its stake in H World Group by 20.1% in the fourth quarter. iA Global Asset Management Inc. now owns 1,653 shares of the company’s stock valued at $78,000 after acquiring an additional 277 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd acquired a new position in shares of H World Group during the 3rd quarter worth about $66,000. 46.41% of the stock is 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.