H World Group (NASDAQ:HTHT) Sees Unusually-High Trading Volume – Should You Buy?

H World Group Limited Sponsored ADR (NASDAQ:HTHT) saw an uptick in trading volume on Monday . 11,315,649 shares traded hands during mid-day trading, an increase of 519% from the previous session’s volume of 1,828,804 shares.The stock last traded at $44.5130 and had previously closed at $44.89.

Analysts Set New Price Targets

A number of research firms have recently weighed in on HTHT. Benchmark upped their target price on shares of H World Group from $52.00 to $60.00 and gave the stock a “buy” rating in a research report on Thursday, March 19th. Zacks Research raised shares of H World Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 19th. Weiss Ratings downgraded shares of H World Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, May 18th. Wall Street Zen raised shares of H World Group from a “hold” rating to a “buy” rating in a research report on Sunday. Finally, UBS Group raised shares of H World Group from a “neutral” rating to a “buy” rating and set a $62.40 price objective on the stock in a research report on Monday, March 9th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, H World Group presently has an average rating of “Buy” and a consensus target price of $61.20.

H World Group Stock Down 0.9%

The company’s 50-day moving average is $49.73 and its 200 day moving average is $49.52. The company has a market capitalization of $13.68 billion, a PE ratio of 19.97, a P/E/G ratio of 1.24 and a beta of 0.15. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.93 and a current ratio of 0.93.

H World Group (NASDAQ:HTHT) last announced its quarterly earnings data on Saturday, February 14th. The company reported $0.06 EPS for the quarter. The company had revenue of $932.62 million for the quarter. H World Group had a net margin of 19.22% and a return on equity of 39.73%. As a group, analysts anticipate that H World Group Limited Sponsored ADR will post 2.47 EPS for the current year.

H World Group Announces Dividend

The business also recently announced a dividend, which was paid on Wednesday, May 20th. Shareholders of record on Monday, May 4th were paid a dividend of $1.30 per share. The ex-dividend date was Monday, May 4th. This represents a yield of 542.0%. H World Group’s dividend payout ratio is currently 114.80%.

Insider Transactions at H World Group

In other H World Group news, Director Theng Fong Hee sold 31,640 shares of the company’s 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 49.40% of the company’s stock.

Hedge Funds Weigh In On H World Group

Hedge funds and other institutional investors have recently bought and sold shares of the stock. TD Private Client Wealth LLC bought a new position in H World Group during the 4th quarter valued at about $45,000. EverSource Wealth Advisors LLC lifted its stake in H World Group by 81.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,450 shares of the company’s stock valued at $49,000 after acquiring an additional 649 shares during the period. Caitong International Asset Management Co. Ltd bought a new position in H World Group during the 3rd quarter valued at about $66,000. Osaic Holdings Inc. lifted its stake in H World Group by 889.5% during the 2nd quarter. Osaic Holdings Inc. now owns 2,266 shares of the company’s stock valued at $77,000 after acquiring an additional 2,037 shares during the period. Finally, iA Global Asset Management Inc. lifted its stake in H World Group by 20.1% during the 4th 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 period. 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.