H World Group Limited Sponsored ADR (NASDAQ:HTHT) Receives $42.13 Average Price Target from Analysts

H World Group Limited Sponsored ADR (NASDAQ:HTHT) has been given an average recommendation of “Buy” by the seven analysts that are currently covering the company, MarketBeat reports. One research analyst has rated the stock with a hold recommendation, five have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $42.1333.

A number of research firms have recently commented on HTHT. Zacks Research downgraded shares of H World Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 5th. Benchmark increased their price target on H World Group from $48.00 to $52.00 and gave the company a “buy” rating in a research report on Tuesday, November 18th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of H World Group in a research report on Monday, December 29th. Hsbc Global Res raised H World Group from a “hold” rating to a “strong-buy” rating in a report on Monday, October 27th. Finally, Wall Street Zen raised shares of H World Group from a “hold” rating to a “buy” rating in a research note on Saturday.

Institutional Investors Weigh In On H World Group

Several hedge funds have recently bought and sold shares of HTHT. State of New Jersey Common Pension Fund D increased its position in H World Group by 12.9% during the fourth quarter. State of New Jersey Common Pension Fund D now owns 317,483 shares of the company’s stock worth $14,938,000 after buying an additional 36,379 shares during the last quarter. Pictet Asset Management Holding SA boosted its stake in shares of H World Group by 5.4% during the 4th quarter. Pictet Asset Management Holding SA now owns 258,062 shares of the company’s stock worth $12,142,000 after acquiring an additional 13,300 shares during the period. B. Metzler seel. Sohn & Co. AG boosted its stake in shares of H World Group by 67.8% during the 4th quarter. B. Metzler seel. Sohn & Co. AG now owns 142,947 shares of the company’s stock worth $6,726,000 after acquiring an additional 57,751 shares during the period. Bayforest Capital Ltd increased its holdings in shares of H World Group by 2,919.1% during the 4th quarter. Bayforest Capital Ltd now owns 5,374 shares of the company’s stock worth $253,000 after acquiring an additional 5,196 shares during the last quarter. Finally, KBC Group NV raised its stake in H World Group by 46.0% in the 4th quarter. KBC Group NV now owns 87,221 shares of the company’s stock valued at $4,104,000 after acquiring an additional 27,466 shares during the period. 46.41% of the stock is currently owned by institutional investors and hedge funds.

H World Group Stock Performance

Shares of HTHT stock opened at $47.51 on Tuesday. H World Group has a 12 month low of $30.20 and a 12 month high of $51.46. The company’s fifty day simple moving average is $48.34 and its 200-day simple moving average is $41.12. The firm has a market cap of $14.63 billion, a PE ratio of 27.30, a P/E/G ratio of 1.14 and a beta of 0.14. The company has a quick ratio of 0.84, a current ratio of 0.85 and a debt-to-equity ratio of 0.32.

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.