H World Group Limited Sponsored ADR (NASDAQ:HTHT) Stock Has Average Target Price of $61.20 According to Brokerages

Key Points

• Analyst sentiment is moderately bullish: H World Group has a “Moderate Buy” consensus from four analysts, with three buy ratings and one hold rating. The average 12-month price target is $61.20 versus a recent share price of $45.10.
• Quarterly results exceeded expectations: The company reported earnings of $0.78 per share, topping the $0.74 consensus estimate, while revenue reached $1.05 billion compared with expectations of $998.88 million.
• Institutional ownership and dividend changes are notable: Institutions and hedge funds own 46.41% of the stock, while H World reduced its dividend to $0.87 from $1.30.

Shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the four research firms that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating and three have issued a buy rating on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $61.20.

A number of research analysts recently issued reports on the company. Weiss Ratings raised H World Group from a "hold (c+)" rating to a "buy (b-)" rating in a report on Friday, October 9th. Wall Street Zen downgraded shares of H World Group from a "buy" rating to a "hold" rating in a report on Saturday, October 17th. Finally, Benchmark reissued a "buy" rating on shares of H World Group in a report on Tuesday, August 18th.

Institutional Trading of H World Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Summit Global Investments bought a new stake in shares of H World Group during the 3rd quarter worth $733,000. Crossmark Global Holdings Inc. grew its holdings in shares of H World Group by 52.0% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 13,416 shares of the company's stock worth $574,000 after acquiring an additional 4,589 shares during the last quarter. Quadrant Capital Group LLC acquired a new stake in shares of H World Group during the third quarter worth $544,000. Farther Finance Advisors LLC raised its position in shares of H World Group by 54.4% during the third quarter. Farther Finance Advisors LLC now owns 1,430 shares of the company's stock worth $61,000 after purchasing an additional 504 shares during the period. Finally, Tidal Investments LLC acquired a new stake in shares of H World Group during the second quarter worth $537,000. 46.41% of the stock is owned by institutional investors and hedge funds.

H World Group Stock Performance

Shares of NASDAQ HTHT opened at $45.10 on Thursday. The stock has a fifty day moving average price of $44.96 and a two-hundred day moving average price of $46.99. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.20 and a current ratio of 1.21. The firm has a market cap of $14.22 billion, a P/E ratio of 19.87, a PEG ratio of 1.65 and a beta of 0.14. H World Group has a 1 year low of $37.60 and a 1 year high of $56.63.

H World Group (NASDAQ:HTHT - Get Free Report) last issued its quarterly earnings results on Friday, August 14th. The company reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.04. The company 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%. Research analysts forecast that H World Group will post 2.60 EPS for the current fiscal year.

H World Group Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, September 22nd. Stockholders of record on Tuesday, September 8th were paid a $0.87 dividend. The ex-dividend date of this dividend was Tuesday, September 8th. This represents a dividend yield of 394.0%. This is a decrease from H World Group's previous dividend of $1.30. H World Group's dividend 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.

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