H World Group (NASDAQ:HTHT) Rating Lowered to Hold at Wall Street Zen

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

A number of other brokerages have also recently weighed in on HTHT. Weiss Ratings cut H World Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, September 10th. Benchmark restated a “buy” rating on shares of H World Group in a report on Tuesday, August 18th. Finally, Zacks Research lowered H World Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 4th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $61.20.

H World Group Price Performance

HTHT stock opened at $43.44 on Friday. 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 has a 12-month low of $36.56 and a 12-month high of $56.63. The company has a 50 day moving average of $43.94 and a two-hundred day moving average of $46.45. The company has a market cap of $13.36 billion, a price-to-earnings ratio of 19.14, a PEG ratio of 1.55 and a beta of 0.15.

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

Institutional Trading of H World Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in HTHT. Tidal Investments LLC bought a new stake in shares of H World Group during the second quarter worth approximately $537,000. National Pension Service grew its position in shares of H World Group by 64.8% in the 2nd quarter. National Pension Service now owns 102,774 shares of the company’s stock valued at $4,288,000 after purchasing an additional 40,405 shares during the period. WINTON GROUP Ltd boosted its holdings in shares of H World Group by 46.7% in the second quarter. WINTON GROUP Ltd now owns 8,800 shares of the company’s stock valued at $367,000 after buying an additional 2,800 shares during the period. Nykredit A S bought a new position in H World Group during the 2nd quarter worth about $4,091,000. Finally, B. Metzler seel. Sohn & Co. AG grew its holdings in shares of H World Group by 56.8% during the second quarter. B. Metzler seel. Sohn & Co. AG now owns 171,079 shares of the company’s stock worth $7,137,000 after buying an additional 61,939 shares in the last quarter. 46.41% of the stock is owned by institutional investors.

About H World Group

H World Group Limited (NASDAQ: HTHT) is a global hospitality company that develops, operates and franchises hotels. The company provides accommodation and related services to business and leisure travelers through a portfolio spanning economy, midscale, upscale and luxury segments.

In China, H World’s brands include HanTing Hotel, Hi Inn, Ji Hotel, Starway, Orange Hotel and Crystal Orange. Through its international operations, the company also operates brands such as Steigenberger Hotels & Resorts, IntercityHotel, MAXX by Steigenberger, Jaz in the City and Zleep Hotels.