H World Group (NASDAQ:HTHT) Trading 5.1% Higher – Still a Buy?

H World Group Limited (NASDAQ:HTHT)’s stock price traded up 5.1% during mid-day trading on Wednesday . The company traded as high as $39.12 and last traded at $38.46. 440,708 shares were traded during trading, a decline of 79% from the average session volume of 2,083,230 shares. The stock had previously closed at $36.61.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Benchmark decreased their target price on shares of H World Group from $53.00 to $48.00 and set a “buy” rating on the stock in a research report on Wednesday, November 27th. Hsbc Global Res lowered shares of H World Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 4th. Finally, HSBC lowered shares of H World Group from a “buy” rating to a “hold” rating and set a $32.40 price target on the stock. in a research report on Wednesday, February 5th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $44.40.

H World Group Stock Performance

The firm has a market cap of $11.80 billion, a P/E ratio of 22.85, a P/E/G ratio of 1.26 and a beta of 0.70. The company’s 50 day moving average is $32.76 and its 200 day moving average is $33.40. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.87 and a current ratio of 0.88.

H World Group (NASDAQ:HTHT) last issued its quarterly earnings results on Tuesday, November 26th. The company reported $0.58 EPS for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.09). H World Group had a return on equity of 30.41% and a net margin of 15.97%. During the same quarter last year, the business posted $0.56 EPS. As a group, equities analysts predict that H World Group Limited will post 1.65 earnings per share for the current fiscal year.

Hedge Funds Weigh In On H World Group

Several hedge funds and other institutional investors have recently bought and sold shares of HTHT. Public Employees Retirement System of Ohio increased its position in shares of H World Group by 135.1% during the fourth quarter. Public Employees Retirement System of Ohio now owns 30,896 shares of the company’s stock worth $1,020,000 after acquiring an additional 17,756 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in H World Group by 6.8% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,496,643 shares of the company’s stock valued at $49,434,000 after acquiring an additional 95,737 shares during the last quarter. Vident Advisory LLC boosted its stake in H World Group by 27.2% in the fourth quarter. Vident Advisory LLC now owns 27,326 shares of the company’s stock valued at $903,000 after acquiring an additional 5,843 shares during the last quarter. Temasek Holdings Private Ltd boosted its stake in H World Group by 87.2% in the fourth quarter. Temasek Holdings Private Ltd now owns 4,117,528 shares of the company’s stock valued at $136,002,000 after acquiring an additional 1,917,528 shares during the last quarter. Finally, Triata Capital Ltd purchased a new stake in shares of H World Group during the 4th quarter valued at approximately $6,910,000. Institutional investors and hedge funds own 46.41% of the company’s stock.

About H World Group

H World Group Limited develops leased and owned, manachised, and franchised hotels in the People's Republic of China. The company operates hotels under its own brands, such as HanTing Hotel, Ni Hao Hotel, Hi Inn, Elan Hotel, Zleep Hotels, Ibis Hotel, JI Hotel, Orange Hotel, Starway Hotel, Ibis Styles Hotel, CitiGO Hotel, Crystal Orange Hotel, IntercityHotel, Manxin Hotel, Mercure Hotel, Madison Hotel, Novotel Hotel, Joya Hotel, Blossom House, Steigenberger Hotels & Resorts, MAXX by Steigenberger, Jaz in the City, Grand Mercure, Steigenberger Icon, and Song Hotels.