H World Group (NASDAQ:HTHT) Share Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $47.50 and traded as high as $49.70. H World Group shares last traded at $49.47, with a volume of 1,532,955 shares.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on HTHT shares. Zacks Research downgraded shares of H World Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 4th. Wall Street Zen cut shares of H World Group from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Benchmark reaffirmed a “buy” rating on shares of H World Group in a research note on Tuesday, August 18th. Finally, Weiss Ratings downgraded shares of H World Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $61.20.

H World Group Trading Down 2.7%

The company’s fifty day simple moving average is $42.96 and its two-hundred day simple moving average is $47.49. The company has a market capitalization of $14.67 billion, a price-to-earnings ratio of 21.02, a price-to-earnings-growth ratio of 1.76 and a beta of 0.15. The company has a quick ratio of 1.20, a current ratio of 1.21 and a debt-to-equity ratio of 0.44.

H World Group (NASDAQ:HTHT) last announced its quarterly earnings results on Monday, August 17th. The company reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.04. The company had revenue of $1.05 billion during the quarter, compared to analyst estimates of $998.88 million. H World Group had a net margin of 18.90% and a return on equity of 41.05%. Research analysts forecast that H World Group Limited Sponsored ADR will post 2.6 earnings per share for the current fiscal year.

H World Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, September 22nd. Stockholders of record on Tuesday, September 8th will be given a dividend of $0.87 per share. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a dividend yield of 373.0%. H World Group’s dividend payout ratio (DPR) is currently 112.78%.

Hedge Funds Weigh In On H World Group

Institutional investors have recently modified their holdings of the business. Parallel Advisors LLC lifted its holdings in shares of H World Group by 16.7% during 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. iA Global Asset Management Inc. increased 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. Federation des caisses Desjardins du Quebec increased its stake in H World Group by 5.2% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 9,899 shares of the company’s stock valued at $466,000 after acquiring an additional 486 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 valued at $49,000 after purchasing an additional 649 shares in the last quarter. Finally, Oddo BHF Asset Management Sas raised its position in H World Group by 16.7% during the first quarter. Oddo BHF Asset Management Sas now owns 4,900 shares of the company’s stock valued at $246,000 after purchasing an additional 700 shares in the last quarter. 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.