Wall Street Zen Upgrades H World Group (NASDAQ:HTHT) to Buy

by · The Markets Daily

H World Group (NASDAQ:HTHT – Get Free Report) was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Saturday.

Other equities research analysts have also recently issued research reports about the company. Weiss Ratings reissued a “buy (b-)” rating on shares of H World Group in a research note on Monday, December 29th. Zacks Research lowered H World Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 5th. Finally, Benchmark increased their target price on H World Group from $48.00 to $52.00 and gave the stock a “buy” rating in a report on Tuesday, November 18th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, H World Group currently has a consensus rating of “Moderate Buy” and an average target price of $47.00.

View Our Latest Report on H World Group

H World Group Price Performance

HTHT stock opened at $50.51 on Friday. The stock has a market capitalization of $15.55 billion, a PE ratio of 29.03, a price-to-earnings-growth ratio of 1.13 and a beta of 0.11. The company’s 50-day moving average is $50.82 and its 200-day moving average is $44.68. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.85 and a quick ratio of 0.84. H World Group has a 1 year low of $30.20 and a 1 year high of $56.63.

Hedge Funds Weigh In On H World Group

A number of hedge funds have recently bought and sold shares of HTHT. Principal Financial Group Inc. purchased a new position in H World Group during the third quarter worth about $12,207,000. Rovida Advisors Inc. purchased a new position in shares of H World Group in the 2nd quarter worth approximately $8,480,000. Campbell & CO Investment Adviser LLC bought a new position in shares of H World Group in the third quarter valued at approximately $415,000. Schroder Investment Management Group increased its position in shares of H World Group by 95.0% during the second quarter. Schroder Investment Management Group now owns 12,487,444 shares of the company’s stock valued at $423,574,000 after acquiring an additional 6,082,369 shares during the last quarter. Finally, APG Asset Management N.V. lifted its holdings in H World Group by 146.8% during the third quarter. APG Asset Management N.V. now owns 108,093 shares of the company’s stock worth $4,228,000 after acquiring an additional 64,300 shares during the period. 46.41% of the stock is owned by hedge funds and other institutional investors.

About H World Group

(Get Free Report)

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.

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