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

Wall Street Zen upgraded shares of H World Group (NASDAQ:HTHT) from a hold rating to a buy rating in a research report report published on Saturday.

Several other research firms have also recently issued reports on HTHT. Zacks Research cut H World Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 5th. Weiss Ratings restated a “buy (b-)” rating on shares of H World Group in a research note on Monday, December 29th. Finally, Benchmark increased their price objective on shares of H World Group from $48.00 to $52.00 and gave the company a “buy” rating in a report on Tuesday, November 18th. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $47.00.

H World Group Trading Down 2.1%

Shares of HTHT stock opened at $50.51 on Friday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.84 and a current ratio of 0.85. The stock has a fifty day simple moving average of $50.82 and a two-hundred day simple moving average of $44.61. The firm has a market capitalization of $15.55 billion, a PE ratio of 29.03, a PEG ratio of 1.13 and a beta of 0.11. H World Group has a 52-week low of $30.20 and a 52-week high of $56.63.

Institutional Investors Weigh In On H World Group

Hedge funds have recently made changes to their positions in the company. Schroder Investment Management Group boosted its stake in 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 buying an additional 6,082,369 shares during the last quarter. Capital International Investors raised its holdings in shares of H World Group by 71.8% during the 4th quarter. Capital International Investors now owns 8,334,604 shares of the company’s stock worth $392,143,000 after acquiring an additional 3,483,760 shares in the last quarter. Kontiki Capital Management HK Ltd. purchased a new stake in shares of H World Group during the 3rd quarter worth approximately $96,804,000. Mitsubishi UFJ Trust & Banking Corp boosted its position in shares of H World Group by 43.2% during the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 8,026,731 shares of the company’s stock valued at $313,925,000 after acquiring an additional 2,420,473 shares during the last quarter. Finally, Capitolis Liquid Global Markets LLC purchased a new position in shares of H World Group in the third quarter valued at $87,153,000. 46.41% of the stock is currently owned by hedge funds and other institutional investors.

About H World Group

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.