H World Group Limited Sponsored ADR (NASDAQ:HTHT) Stock Rated “Moderate Buy” by Sell-Side Analysts

Shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) have been assigned an average rating of “Moderate Buy” from the four brokerages that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $61.20.

Several equities research analysts recently issued reports on the company. Wall Street Zen cut H World Group from a “buy” rating to a “hold” rating in a report on Saturday, October 17th. Benchmark reissued a “buy” rating on shares of H World Group in a report on Tuesday, August 18th. Finally, Weiss Ratings raised H World Group from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday.

Institutional Trading of H World Group

Institutional investors and hedge funds have recently bought and sold shares of the business. M&G PLC lifted its stake in H World Group by 12.5% in the third quarter. M&G PLC now owns 6,855,931 shares of the company’s stock valued at $294,805,000 after buying an additional 764,462 shares during the last quarter. Allspring Global Investments Holdings LLC purchased a new position in shares of H World Group during the third quarter worth approximately $246,000. Parallel Advisors LLC grew its position in shares of H World Group by 73.6% during the third quarter. Parallel Advisors LLC now owns 3,147 shares of the company’s stock worth $135,000 after acquiring an additional 1,334 shares during the last quarter. Rakuten Investment Management Inc. purchased a new position in shares of H World Group during the third quarter worth approximately $478,000. Finally, AIA Group Ltd increased its holdings in shares of H World Group by 13.6% in the 3rd quarter. AIA Group Ltd now owns 210,449 shares of the company’s stock valued at $9,007,000 after acquiring an additional 25,145 shares during the period. 46.41% of the stock is currently owned by hedge funds and other institutional investors.

H World Group Price Performance

Shares of NASDAQ:HTHT opened at $50.23 on Thursday. The company’s 50 day moving average is $44.89 and its 200 day moving average is $46.97. The company has a market cap of $15.84 billion, a PE ratio of 22.13, a price-to-earnings-growth ratio of 1.73 and a beta of 0.12. H World Group has a twelve month low of $39.82 and a twelve month high of $56.63. The company has a current ratio of 1.21, a quick ratio of 1.20 and a debt-to-equity ratio of 0.44.

H World Group (NASDAQ:HTHT) last released its quarterly earnings results on Friday, August 14th. The company reported $0.78 EPS for the quarter, beating the consensus estimate of $0.74 by $0.04. H World Group had a net margin of 18.90% and a return on equity of 41.05%. The company had revenue of $1.05 billion for the quarter, compared to analyst estimates of $998.88 million. On average, sell-side analysts forecast that H World Group will post 2.49 EPS for the current year.

H World Group Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, September 22nd. Stockholders of record on Tuesday, September 8th were paid a $0.87 dividend. This is a negative change from H World Group’s previous dividend of $1.30. The ex-dividend date of this dividend was Tuesday, September 8th. This represents a dividend yield of 394.0%. H World Group’s payout ratio is presently 74.89%.

About H World Group

H World Group Limited is a hospitality company that operates, leases, franchises and manages a broad portfolio of hotels. The company serves business and leisure travelers through brands positioned across the economy, midscale, upscale and luxury segments, with accommodations ranging from limited-service hotels to full-service and resort properties.

Its portfolio includes Chinese brands such as HanTing Hotel, JI Hotel, Orange Hotel, Starway Hotel, Hi Inn, Elan Hotel, Manxin Hotel and CitiGO, as well as international brands including Steigenberger Hotels & Resorts, IntercityHotel, MAXX by Steigenberger, Jaz in the City and Zleep Hotels.