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

Shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) have been given a consensus recommendation of “Moderate Buy” by the five research firms that are presently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $61.20.

HTHT has been the subject of a number of analyst reports. Zacks Research cut H World Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 4th. Weiss Ratings upgraded shares of H World Group from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, August 26th. Wall Street Zen raised shares of H World Group from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, Benchmark restated a “buy” rating on shares of H World Group in a report on Tuesday, August 18th.

H World Group Stock Down 3.5%

H World Group stock opened at $44.18 on Wednesday. The business has a fifty day moving average of $43.72 and a two-hundred day moving average of $47.09. The company has a quick ratio of 1.20, a current ratio of 1.21 and a debt-to-equity ratio of 0.44. The firm has a market cap of $13.59 billion, a P/E ratio of 19.46, a P/E/G ratio of 1.63 and a beta of 0.15. H World Group has a twelve month low of $36.48 and a twelve month high of $56.63.

H World Group (NASDAQ:HTHT) last announced its earnings results on Monday, August 17th. The company reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.04. H World Group had a return on equity of 41.05% and a net margin of 18.90%.The business had revenue of $1.05 billion for the quarter, compared to analysts’ expectations of $998.88 million. On average, analysts forecast that H World Group will post 2.6 earnings per share for the current fiscal year.

H World Group Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, September 22nd. Investors of record on Tuesday, September 8th will be paid a dividend of $0.87 per share. This represents a dividend yield of 394.0%. The ex-dividend date is Tuesday, September 8th. H World Group’s payout ratio is 112.78%.

Hedge Funds Weigh In On H World Group

Institutional investors and hedge funds have recently bought and sold shares of the company. True Light Capital Pte. Ltd. acquired a new stake in H World Group in the 4th quarter worth approximately $37,602,000. AustralianSuper Pty Ltd acquired a new position in H World Group during the 4th quarter valued at approximately $6,438,000. Capital International Inc. CA raised its holdings in shares of H World Group by 406.9% in the fourth quarter. Capital International Inc. CA now owns 840,173 shares of the company’s stock worth $39,530,000 after buying an additional 674,438 shares during the last quarter. Polymer Capital Management HK LTD raised its holdings in shares of H World Group by 1,867.3% in the fourth quarter. Polymer Capital Management HK LTD now owns 108,200 shares of the company’s stock worth $5,091,000 after buying an additional 102,700 shares during the last quarter. Finally, Fideuram Asset Management Ireland dac acquired a new stake in shares of H World Group during the fourth quarter worth $3,188,000. 46.41% of the stock is owned by hedge funds and other 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.