H World Group (NASDAQ:HTHT) Sees Large Volume Increase – Should You Buy?

Shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) saw unusually-high trading volume on Monday . Approximately 3,038,942 shares traded hands during trading, an increase of 79% from the previous session’s volume of 1,699,396 shares.The stock last traded at $52.1350 and had previously closed at $52.48.

Wall Street Analyst Weigh In

HTHT has been the subject of a number of analyst reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of H World Group in a report on Friday, March 27th. 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 report on Monday, March 9th. Wall Street Zen raised shares of H World Group from a “hold” rating to a “buy” rating in a report on Monday, March 23rd. Benchmark raised their price objective 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. Finally, Zacks Research raised shares of H World Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 19th. One research analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $54.80.

H World Group Stock Down 0.2%

The stock has a market capitalization of $16.13 billion, a P/E ratio of 23.29, a P/E/G ratio of 1.10 and a beta of 0.17. The firm’s fifty day moving average is $51.88 and its 200-day moving average is $47.14. 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 (NASDAQ:HTHT) last announced its quarterly earnings results 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 firm had revenue of $932.62 million during the quarter. As a group, equities research analysts predict that H World Group Limited Sponsored ADR will post 1.65 earnings per share for the current year.

H World Group Announces Dividend

The company also recently declared a dividend, which will be paid on Wednesday, May 20th. Investors of record on Monday, May 4th will be issued a dividend of $1.30 per share. This represents a yield of 518.0%. The ex-dividend date of this dividend is Monday, May 4th. H World Group’s dividend payout ratio (DPR) is currently 70.22%.

Insider Transactions at H World Group

In related news, Director Theng Fong Hee sold 31,640 shares of H World Group stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $50.96, for a total transaction of $1,612,374.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 49.40% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On H World Group

Several institutional investors have recently added to or reduced their stakes in the company. iA Global Asset Management Inc. raised its stake in shares of 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 worth $78,000 after acquiring an additional 277 shares during the last quarter. Rhumbline Advisers raised its stake in shares of H World Group by 1.3% in the third quarter. Rhumbline Advisers now owns 27,305 shares of the company’s stock worth $1,068,000 after acquiring an additional 352 shares during the last quarter. Asset Management One Co. Ltd. raised its stake in shares of H World Group by 1.4% in the third quarter. Asset Management One Co. Ltd. now owns 33,228 shares of the company’s stock worth $1,300,000 after acquiring an additional 466 shares during the last quarter. Federation des caisses Desjardins du Quebec raised its stake in shares of 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 worth $466,000 after acquiring an additional 486 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its stake in shares of H World Group by 81.0% in 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 during the last quarter. 46.41% of the stock is owned by institutional investors.

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.