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

H World Group Limited Sponsored ADR (NASDAQ:HTHT) has been assigned an average rating of “Buy” from the six analysts that are presently covering the stock, Marketbeat Ratings reports. Five investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $54.80.

Several research firms recently issued reports on HTHT. UBS Group raised shares of H World Group from a “neutral” rating to a “buy” rating and set a $62.40 price objective for the company in a research note on Monday, March 9th. Wall Street Zen raised shares of H World Group from a “hold” rating to a “buy” rating in a research note on Monday, March 23rd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of H World Group in a research note on Friday, March 27th. Benchmark lifted their price objective on shares of H World Group from $52.00 to $60.00 and gave the company a “buy” rating in a research note on Thursday, March 19th. Finally, Zacks Research upgraded shares of H World Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 19th.

Insider Buying and Selling

In related news, Director Theng Fong Hee sold 31,640 shares of H World Group stock in a transaction 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 filing with the SEC, which is available at the SEC website. 49.40% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. PNC Financial Services Group Inc. raised its holdings in H World Group by 21.7% in the 1st quarter. PNC Financial Services Group Inc. now owns 4,062 shares of the company’s stock worth $204,000 after acquiring an additional 723 shares during the period. Dimensional Fund Advisors LP raised its holdings in H World Group by 3.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 539,055 shares of the company’s stock worth $27,083,000 after acquiring an additional 19,585 shares during the period. Parallel Advisors LLC raised its holdings in H World Group by 16.7% in the 1st quarter. Parallel Advisors LLC now owns 1,773 shares of the company’s stock worth $89,000 after acquiring an additional 254 shares during the period. KBC Group NV raised its holdings in H World Group by 493.2% in the 1st quarter. KBC Group NV now owns 517,397 shares of the company’s stock worth $26,020,000 after acquiring an additional 430,176 shares during the period. Finally, SEB Asset Management AB bought a new position in H World Group in the 1st quarter worth $3,710,000. Institutional investors own 46.41% of the company’s stock.

H World Group Stock Up 0.7%

HTHT stock opened at $47.43 on Thursday. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.27. H World Group has a 1 year low of $30.41 and a 1 year high of $56.63. The company has a fifty day simple moving average of $51.54 and a 200 day simple moving average of $48.93. The firm has a market cap of $14.59 billion, a PE ratio of 21.08, a PEG ratio of 1.30 and a beta of 0.15.

H World Group (NASDAQ:HTHT) last released its quarterly earnings data on Saturday, February 14th. The company reported $0.06 earnings per share (EPS) for the quarter. H World Group had a net margin of 20.05% and a return on equity of 37.79%. The business had revenue of $932.62 million during the quarter. Sell-side analysts anticipate that H World Group will post 2.47 EPS for the current fiscal year.

H World Group Announces Dividend

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

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.