H World Group (NASDAQ:HTHT) Cut to “Hold” at Wall Street Zen

Wall Street Zen downgraded shares of H World Group (NASDAQ:HTHT) from a buy rating to a hold rating in a research note issued to investors on Saturday,Wall Street Zen reports.

Other analysts have also issued reports about the stock. Benchmark restated a “buy” rating on shares of H World Group in a research report on Tuesday, August 18th. Weiss Ratings raised shares of H World Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 9th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, H World Group has a consensus rating of “Moderate Buy” and an average target price of $61.20.

H World Group Trading Down 0.1%

H World Group stock opened at $46.45 on Friday. The business has a 50-day simple moving average of $44.55 and a two-hundred day simple moving average of $45.34. The company has a market cap of $14.65 billion, a P/E ratio of 20.46, a P/E/G ratio of 1.66 and a beta of 0.14. H World Group has a 52-week low of $37.60 and a 52-week high of $56.63. 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 released its quarterly earnings results on Friday, August 14th. The company reported $0.78 EPS for the quarter, beating the consensus estimate of $0.74 by $0.04. H World Group had a net margin of 18.90% and a return on equity of 41.05%. The firm had revenue of $1.05 billion during the quarter, compared to analyst estimates of $998.88 million. Analysts predict that H World Group will post 2.60 EPS for the current year.

H World Group Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, September 22nd. Investors of record on Tuesday, September 8th were paid a dividend of $0.87 per share. This is a negative change from H World Group’s previous dividend of $1.30. The ex-dividend date was Tuesday, September 8th. This represents a dividend yield of 394.0%. H World Group’s dividend payout ratio is presently 74.89%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of HTHT. Renaissance Technologies LLC grew its stake in H World Group by 11.1% during the first quarter. Renaissance Technologies LLC now owns 1,392,185 shares of the company’s stock valued at $70,013,000 after acquiring an additional 139,300 shares in the last quarter. Hsbc Holdings PLC increased its holdings in H World Group by 44.7% in the 4th quarter. Hsbc Holdings PLC now owns 1,183,612 shares of the company’s stock valued at $55,644,000 after acquiring an additional 365,659 shares during the last quarter. Sei Investments Co. increased its holdings in H World Group by 263.2% in the 1st quarter. Sei Investments Co. now owns 694,986 shares of the company’s stock valued at $34,951,000 after acquiring an additional 503,629 shares during the last quarter. Dimensional Fund Advisors LP increased 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 valued at $27,083,000 after acquiring an additional 19,585 shares during the last quarter. Finally, KBC Group NV lifted its stake 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 purchasing an additional 430,176 shares in the last quarter. Institutional investors own 46.41% of the company’s stock.

H World Group Company Profile

H World Group Limited is a hospitality company that operates, leases, franchises and manages a broad portfolio of hotels. The company serves business and leisure travelers through brands positioned across the economy, midscale, upscale and luxury segments, with accommodations ranging from limited-service hotels to full-service and resort properties.

Its portfolio includes Chinese brands such as HanTing Hotel, JI Hotel, Orange Hotel, Starway Hotel, Hi Inn, Elan Hotel, Manxin Hotel and CitiGO, as well as international brands including Steigenberger Hotels & Resorts, IntercityHotel, MAXX by Steigenberger, Jaz in the City and Zleep Hotels.