H World Group Limited Sponsored ADR (NASDAQ:HTHT) Given Consensus Rating of “Moderate Buy” by Brokerages

H World Group Limited Sponsored ADR (NASDAQ:HTHT) has been given a consensus rating of “Moderate Buy” by the five analysts that are covering the firm, Marketbeat reports. Two analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $61.20.

Several research firms recently issued reports on HTHT. Zacks Research downgraded H World Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 4th. Weiss Ratings lowered H World Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday. Finally, Wall Street Zen cut H World Group from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st.

Hedge Funds Weigh In On H World Group

Institutional investors and hedge funds have recently modified their holdings of the business. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in H World Group by 10.9% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 237,340 shares of the company’s stock worth $11,390,000 after purchasing an additional 23,372 shares in the last quarter. Aubrey Capital Management Ltd bought a new stake in H World Group in the 4th quarter valued at about $11,946,000. True Light Capital Pte. Ltd. acquired a new position in shares of H World Group during the 4th quarter worth approximately $37,602,000. AustralianSuper Pty Ltd acquired a new position in shares of H World Group during the 4th quarter worth approximately $6,438,000. Finally, KBC Group NV increased its holdings in shares of H World Group by 46.0% during the fourth quarter. KBC Group NV now owns 87,221 shares of the company’s stock worth $4,104,000 after purchasing an additional 27,466 shares during the period. 46.41% of the stock is currently owned by institutional investors and hedge funds.

H World Group Price Performance

H World Group stock opened at $41.88 on Friday. The company has a market capitalization of $12.88 billion, a price-to-earnings ratio of 18.78, a PEG ratio of 1.47 and a beta of 0.15. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.49. H World Group has a 12 month low of $32.99 and a 12 month high of $56.63. The stock’s 50 day moving average is $42.30 and its 200-day moving average is $47.53.

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.