H World Group Limited Sponsored ADR (NASDAQ:HTHT) Stock Has Consensus Price Target of $61.20

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

Several equities analysts have weighed in on the company. Wall Street Zen raised H World Group from a “hold” rating to a “buy” rating in a research report on Saturday. Benchmark reissued a “buy” rating on shares of H World Group in a research report on Tuesday, August 18th. Finally, Weiss Ratings raised shares of H World Group from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, September 24th.

Hedge Funds Weigh In On H World Group

Several institutional investors have recently modified their holdings of the business. National Pension Service raised its position in 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 in the last quarter. Nykredit A S acquired a new position in shares of H World Group during the second quarter worth about $4,572,000. Polymer Capital Management HK LTD grew its position in shares of H World Group by 1,867.3% during 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 in the last quarter. Capital International Inc. CA increased its stake in shares of H World Group by 406.9% during 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 period. Finally, Renaissance Group LLC acquired a new stake in H World Group in the fourth quarter valued at approximately $7,539,000. Institutional investors and hedge funds own 46.41% of the company’s stock.

H World Group Stock Up 0.7%

NASDAQ:HTHT opened at $42.05 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. The stock’s fifty day moving average is $44.21 and its two-hundred day moving average is $45.68. H World Group has a 52 week low of $36.56 and a 52 week high of $56.63. The stock has a market capitalization of $12.93 billion, a price-to-earnings ratio of 18.52, a price-to-earnings-growth ratio of 1.49 and a beta of 0.14.

H World Group (NASDAQ:HTHT) last issued its quarterly earnings data on Monday, August 17th. The company reported $0.78 earnings per share for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $998.88 million. Research analysts anticipate that H World Group will post 2.6 EPS for the current year.

H World Group Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, September 22nd. Shareholders of record on Tuesday, September 8th were issued a dividend of $0.87 per share. This is a drop from H World Group’s previous dividend of $1.30. The ex-dividend date was Tuesday, September 8th. This represents a yield of 394.0%. H World Group’s dividend payout ratio (DPR) is currently 74.89%.

H World Group Company Profile

H World Group Limited is a hospitality company that develops, owns, leases, manages and franchises a portfolio of hotels. The company operates across multiple market segments, offering economy, midscale, upscale and luxury accommodations under a range of proprietary and internationally recognized brands.

Its Chinese portfolio includes brands such as HanTing Hotel, Hi Inn, Elan Hotel, Ji Hotel, Orange Hotel, Starway Hotel and Manxin Hotel. Through its international operations, H World also manages brands associated with Steigenberger Hotels AG, including Steigenberger Hotels & Resorts, IntercityHotel, MAXX by Steigenberger, Jaz in the City and Zleep Hotels.