Analysts Set H World Group Limited Sponsored ADR (NASDAQ:HTHT) Price Target at $40.80

Key Points

• H World Group Limited has received an average analyst rating of "Moderate Buy", with three analysts recommending a buy and three a hold on the stock.
• The company declared a semi-annual dividend of $0.79 per share, signaling a significant dividend yield of 480.0% with a payout ratio of 114.46%.
• Shares of H World Group traded at $36.85, with a 52-week range between $28.27 and $42.98, and a market capitalization of $11.31 billion.

Shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the six analysts that are presently covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $40.80.

A number of brokerages have issued reports on HTHT. Zacks Research upgraded H World Group from a "strong sell" rating to a "hold" rating in a research report on Thursday, August 28th. JPMorgan Chase & Co. cut their target price on H World Group from $43.00 to $42.00 and set an "overweight" rating on the stock in a research note on Wednesday, May 21st.

H World Group Price Performance

Shares of NASDAQ:HTHT traded down $0.14 during mid-day trading on Friday, reaching $36.64. The stock had a trading volume of 1,525,231 shares, compared to its average volume of 2,047,631. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.32. The company has a market cap of $11.25 billion, a P/E ratio of 22.07, a price-to-earnings-growth ratio of 1.76 and a beta of 0.35. H World Group has a 1 year low of $28.27 and a 1 year high of $42.98. The business's 50 day moving average price is $33.61 and its 200 day moving average price is $34.94.

H World Group Dividend Announcement

The company also recently disclosed a semi-annual dividend, which will be paid on Friday, September 26th. Investors of record on Tuesday, September 9th will be paid a $0.79 dividend. The ex-dividend date of this dividend is Tuesday, September 9th. This represents a yield of 480.0%. H World Group's dividend payout ratio is 95.18%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Envestnet Asset Management Inc. boosted its position in H World Group by 41.6% during the 4th quarter. Envestnet Asset Management Inc. now owns 9,446 shares of the company's stock valued at $312,000 after acquiring an additional 2,774 shares in the last quarter. Mariner LLC lifted its holdings in shares of H World Group by 33.8% during the 4th quarter. Mariner LLC now owns 8,120 shares of the company's stock valued at $268,000 after purchasing an additional 2,050 shares during the last quarter. Tower Research Capital LLC TRC grew its position in H World Group by 38.8% during the 4th quarter. Tower Research Capital LLC TRC now owns 10,254 shares of the company's stock worth $339,000 after purchasing an additional 2,866 shares during the last quarter. Voya Investment Management LLC raised its stake in H World Group by 24.2% in the 4th quarter. Voya Investment Management LLC now owns 14,061 shares of the company's stock worth $464,000 after acquiring an additional 2,737 shares during the last quarter. Finally, Northern Trust Corp raised its stake in H World Group by 155.5% in the 4th quarter. Northern Trust Corp now owns 1,107,353 shares of the company's stock worth $36,576,000 after acquiring an additional 674,000 shares during the last quarter. Institutional investors 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.