H World Group (NASDAQ:HTHT) Stock Rating Lowered by Wall Street Zen

Key Points

• Wall Street Zen downgraded H World Group from “buy” to “hold,” while the stock retains a “Moderate Buy” consensus rating and an average analyst price target of $61.20.
• H World reported quarterly EPS of $0.78, exceeding estimates of $0.74, while revenue reached $1.05 billion versus expectations of $998.88 million.
• HTHT opened at $43.44, with a $13.36 billion market capitalization and a 52-week trading range of $36.56 to $56.63; institutional investors own 46.41% of the shares.

H World Group (NASDAQ:HTHT - Get Free Report) was downgraded by research analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a report issued on Saturday, Wall Street Zen reports.

HTHT has been the topic of several other research reports. Zacks Research cut shares of H World Group from a "strong-buy" rating to a "hold" rating in a report on Thursday, June 4th. Benchmark reaffirmed a "buy" rating on shares of H World Group in a research report on Tuesday, August 18th. Finally, Weiss Ratings lowered shares of H World Group from a "hold (c+)" rating to a "hold (c)" rating in a research note on Thursday, September 10th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $61.20.

H World Group Price Performance

Shares of HTHT stock opened at $43.44 on Friday. The firm has a market cap of $13.36 billion, a P/E ratio of 19.14, a P/E/G ratio of 1.54 and a beta of 0.15. H World Group has a fifty-two week low of $36.56 and a fifty-two week high of $56.63. The business's 50 day moving average price is $43.94 and its 200-day moving average price is $46.51. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.20 and a current ratio of 1.21.

H World Group (NASDAQ:HTHT - Get Free Report) last posted its earnings results on Monday, August 17th. The company reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.04. The firm had revenue of $1.05 billion for the quarter, compared to analysts' expectations of $998.88 million. H World Group had a return on equity of 41.05% and a net margin of 18.90%. On average, equities research analysts anticipate that H World Group will post 2.6 earnings per share for the current year.

Institutional Investors Weigh In On H World Group

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HTHT. Tidal Investments LLC purchased a new stake in H World Group in the second quarter worth $537,000. National Pension Service lifted its position in H World Group by 64.8% during the second quarter. National Pension Service now owns 102,774 shares of the company's stock valued at $4,288,000 after buying an additional 40,405 shares during the period. WINTON GROUP Ltd boosted its holdings in shares of H World Group by 46.7% during the 2nd quarter. WINTON GROUP Ltd now owns 8,800 shares of the company's stock valued at $367,000 after buying an additional 2,800 shares in the last quarter. Nykredit A S bought a new stake in shares of H World Group during the 2nd quarter valued at $4,091,000. Finally, B. Metzler seel. Sohn & Co. AG grew its position in shares of H World Group by 56.8% in the 2nd quarter. B. Metzler seel. Sohn & Co. AG now owns 171,079 shares of the company's stock worth $7,137,000 after buying an additional 61,939 shares during the period. 46.41% of the stock is owned by hedge funds and other institutional investors.

H World Group Company Profile

H World Group Limited NASDAQ: HTHT is a global hospitality company that develops, operates and franchises hotels. The company provides accommodation and related services to business and leisure travelers through a portfolio spanning economy, midscale, upscale and luxury segments.

In China, H World's brands include HanTing Hotel, Hi Inn, Ji Hotel, Starway, Orange Hotel and Crystal Orange. Through its international operations, the company also operates brands such as Steigenberger Hotels & Resorts, IntercityHotel, MAXX by Steigenberger, Jaz in the City and Zleep Hotels.

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