H World Group Limited Sponsored ADR (NASDAQ:HTHT) Receives Average Rating of "Hold" from Brokerages

Key Points

• H World Group Limited (NASDAQ:HTHT) received an average rating of "Hold" from seven brokerage firms, with four recommending "hold" and three "buy." The average 12-month price target among analysts is $40.80.
• Significant institutional investment activity was noted, with various firms, including DAVENPORT & Co LLC and Voya Investment Management LLC, increasing their stakes in H World Group during the third quarter.
• The company declared a semi-annual dividend of $0.79 per share, resulting in an impressive yield of 435.0%, though its dividend payout ratio stands at 95.18%.

Shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT - Get Free Report) have been assigned a consensus recommendation of "Hold" from the seven ratings firms that are presently covering the company, MarketBeat Ratings reports. Four 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 price objective among brokers that have issued a report on the stock in the last year is $40.80.

HTHT has been the topic of a number of recent analyst reports. Wall Street Zen raised shares of H World Group from a "hold" rating to a "buy" rating in a research note on Sunday, September 28th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of H World Group in a research note on Tuesday, October 14th. Finally, Zacks Research upgraded shares of H World Group from a "strong sell" rating to a "hold" rating in a research report on Thursday, August 28th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. DAVENPORT & Co LLC grew its position in H World Group by 14.3% during the third quarter. DAVENPORT & Co LLC now owns 51,258 shares of the company's stock valued at $2,005,000 after acquiring an additional 6,427 shares during the last quarter. IFM Investors Pty Ltd grew its holdings in shares of H World Group by 145.2% in the third quarter. IFM Investors Pty Ltd now owns 20,856 shares of the company's stock worth $818,000 after purchasing an additional 12,349 shares during the last quarter. Confluence Investment Management LLC bought a new position in shares of H World Group in the third quarter worth approximately $232,000. Voya Investment Management LLC grew its holdings in shares of H World Group by 61.2% in the third quarter. Voya Investment Management LLC now owns 18,145 shares of the company's stock worth $710,000 after purchasing an additional 6,888 shares during the last quarter. Finally, Osaic Holdings Inc. grew its holdings in shares of H World Group by 889.5% in the second quarter. Osaic Holdings Inc. now owns 2,266 shares of the company's stock worth $77,000 after purchasing an additional 2,037 shares during the last quarter. 46.41% of the stock is currently owned by institutional investors.

H World Group Trading Up 1.6%

Shares of HTHT opened at $37.79 on Friday. The firm's 50 day simple moving average is $36.90 and its 200 day simple moving average is $35.15. The company has a market capitalization of $11.63 billion, a P/E ratio of 22.77, a P/E/G ratio of 1.81 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 has a 1-year low of $30.13 and a 1-year high of $40.56.

H World Group Announces Dividend

The firm also recently declared a semi-annual dividend, which was paid on Friday, September 26th. Shareholders of record on Tuesday, September 9th were given a dividend of $0.79 per share. This represents a yield of 435.0%. The ex-dividend date was Tuesday, September 9th. H World Group's dividend payout ratio (DPR) is presently 95.18%.

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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