H World Group (NASDAQ:HTHT) Stock Rating Lowered by Hsbc Global Res

H World Group (NASDAQ:HTHT) was downgraded by analysts at Hsbc Global Res from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

A number of other equities research analysts have also issued reports on the company. HSBC lowered H World Group from a “buy” rating to a “hold” rating and set a $32.40 target price on the stock. in a research report on Wednesday. Benchmark lowered their price target on H World Group from $53.00 to $48.00 and set a “buy” rating on the stock in a report on Wednesday, November 27th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $44.40.

H World Group Stock Up 2.5 %

HTHT opened at $31.50 on Tuesday. H World Group has a one year low of $27.03 and a one year high of $42.98. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.87 and a current ratio of 0.88. The stock’s fifty day moving average is $32.58 and its 200-day moving average is $33.11. The company has a market capitalization of $9.87 billion, a PE ratio of 19.09, a P/E/G ratio of 1.11 and a beta of 0.70.

H World Group (NASDAQ:HTHT) last posted its quarterly earnings data 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 period in the prior year, the company posted $0.56 earnings per share. On average, equities analysts predict that H World Group will post 1.65 EPS for the current fiscal year.

Hedge Funds Weigh In On H World Group

Several large investors have recently added to or reduced their stakes in the company. Blue Trust Inc. grew its stake in shares of H World Group by 13.5% in the 4th quarter. Blue Trust Inc. now owns 5,467 shares of the company’s stock valued at $181,000 after purchasing an additional 650 shares during the period. Rhumbline Advisers grew its stake in shares of H World Group by 2.3% in the 4th quarter. Rhumbline Advisers now owns 34,688 shares of the company’s stock valued at $1,146,000 after purchasing an additional 791 shares during the period. US Bancorp DE grew its position in H World Group by 21.2% during the 4th quarter. US Bancorp DE now owns 4,839 shares of the company’s stock worth $160,000 after acquiring an additional 845 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd grew its position in H World Group by 11.9% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 8,778 shares of the company’s stock worth $290,000 after acquiring an additional 936 shares during the last quarter. Finally, abrdn plc grew its position in H World Group by 1.6% during the 4th quarter. abrdn plc now owns 114,030 shares of the company’s stock worth $3,791,000 after acquiring an additional 1,751 shares during the last quarter. Institutional investors and hedge funds own 46.41% of the company’s stock.

H World Group Company Profile

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.