H World Group Limited Sponsored ADR (NASDAQ:HTHT) Given Consensus Rating of "Moderate Buy" by Brokerages

Key Points

• H World Group Limited (NASDAQ:HTHT) has an average consensus rating of “Moderate Buy” among six analysts, with three holding and three buying recommendations.
• The company recently declared a semi-annual dividend of $0.79 per share, set to be paid on September 26th, reflecting a substantial dividend yield of 435.0%.
• H World Group's stock is currently trading at $38.25, with a market capitalization of approximately $11.77 billion and a price-to-earnings ratio of 23.04.

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

Several research firms have recently commented on HTHT. Zacks Research upgraded shares of H World Group from a "strong sell" rating to a "hold" rating in a research note on Thursday, August 28th. Wall Street Zen downgraded shares of H World Group from a "buy" rating to a "hold" rating in a research report on Saturday.

H World Group Stock Down 1.4%

HTHT stock opened at $38.25 on Wednesday. The company has a fifty day moving average price of $34.81 and a 200 day moving average price of $35.04. H World Group has a 12 month low of $30.13 and a 12 month high of $42.98. The company has a market cap of $11.77 billion, a price-to-earnings ratio of 23.04, a price-to-earnings-growth ratio of 1.85 and a beta of 0.35. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.81 and a quick ratio of 0.81.

H World Group Announces Dividend

The company also recently declared a semi-annual dividend, which will be paid on Friday, September 26th. Stockholders of record on Tuesday, September 9th will be paid a dividend of $0.79 per share. The ex-dividend date of this dividend is Tuesday, September 9th. This represents a dividend yield of 435.0%. H World Group's payout ratio is 95.18%.

Hedge Funds Weigh In On H World Group

Several hedge funds have recently added to or reduced their stakes in the business. Ameriprise Financial Inc. grew its holdings in shares of H World Group by 7.3% during the fourth quarter. Ameriprise Financial Inc. now owns 28,046 shares of the company's stock worth $926,000 after buying an additional 1,901 shares in the last quarter. Public Employees Retirement System of Ohio grew its holdings 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 buying an additional 17,756 shares in the last quarter. Lansforsakringar Fondforvaltning AB publ purchased a new stake in shares of H World Group during the fourth quarter worth about $1,255,000. Confluence Investment Management LLC purchased a new stake in shares of H World Group during the first quarter worth about $209,000. Finally, RV Capital AG grew its holdings in shares of H World Group by 7.0% during the first quarter. RV Capital AG now owns 659,652 shares of the company's stock worth $24,414,000 after buying an additional 43,315 shares in the last quarter. 46.41% of the stock is currently owned by hedge funds and other institutional investors.

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.

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