H World Group (NASDAQ:HTHT) Shares Gap Down – Should You Sell?

H World Group Limited Sponsored ADR (NASDAQ:HTHT) shares gapped down before the market opened on Monday . The stock had previously closed at $50.92, but opened at $49.01. H World Group shares last traded at $48.8950, with a volume of 119,852 shares.

Wall Street Analyst Weigh In

HTHT has been the subject of several recent analyst reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of H World Group in a research report on Friday, March 27th. Zacks Research raised shares of H World Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 19th. Wall Street Zen raised shares of H World Group from a “hold” rating to a “buy” rating in a research report on Monday, March 23rd. UBS Group raised shares of H World Group from a “neutral” rating to a “buy” rating and set a $62.40 target price for the company in a report on Monday, March 9th. Finally, Benchmark increased their target price 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. One research analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $54.80.

H World Group Price Performance

The stock has a market cap of $15.01 billion, a P/E ratio of 21.69, a PEG ratio of 1.35 and a beta of 0.15. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.91 and a quick ratio of 0.91. The business’s fifty day moving average price is $52.00 and its 200 day moving average price is $48.73.

H World Group (NASDAQ:HTHT) last posted its earnings results on Saturday, February 14th. The company reported $0.06 EPS for the quarter. The firm had revenue of $932.62 million during the quarter. H World Group had a net margin of 20.05% and a return on equity of 37.79%. Sell-side analysts forecast that H World Group Limited Sponsored ADR will post 2.47 EPS for the current fiscal year.

H World Group Announces Dividend

The business also recently announced a dividend, which will be paid on Wednesday, May 20th. Stockholders of record on Monday, May 4th will be issued a $1.30 dividend. The ex-dividend date of this dividend is Monday, May 4th. This represents a dividend yield of 542.0%. H World Group’s dividend payout ratio is 113.78%.

Insider Activity at H World Group

In related news, Director Theng Fong Hee sold 31,640 shares of the firm’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 value of $1,612,374.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 49.40% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. TD Private Client Wealth LLC bought a new position in H World Group in the 4th quarter valued at approximately $45,000. EverSource Wealth Advisors LLC raised its holdings in H World Group by 81.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,450 shares of the company’s stock valued at $49,000 after buying an additional 649 shares during the last quarter. iA Global Asset Management Inc. raised its holdings in H World Group by 20.1% in the 4th quarter. iA Global Asset Management Inc. now owns 1,653 shares of the company’s stock valued at $78,000 after buying an additional 277 shares during the last quarter. Summit Securities Group LLC bought a new position in H World Group in the 1st quarter valued at approximately $85,000. Finally, Caitong International Asset Management Co. Ltd bought a new position in H World Group in the 3rd quarter valued at approximately $66,000. Institutional investors own 46.41% of the company’s stock.

H World Group Company Profile

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.