H World Group (NASDAQ:HTHT) Rating Lowered to Hold at Wall Street Zen

Key Points

• H World Group's stock rating has been downgraded from "buy" to "hold" by Wall Street Zen, as indicated in a recent research report.
• Analyst ratings for HTHT show mixed opinions, with three analysts recommending a buy and four suggesting a hold, resulting in an average rating of "Hold" and a consensus price target of $40.80.
• Recent institutional trading saw significant increases in holdings, with Schroder Investment Management Group raising its position by 95% and Mirae Asset Global Investments by 4,554.2% in recent quarters.

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

A number of other equities research analysts also recently commented on HTHT. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of H World Group in a research report on Tuesday, October 14th. Zacks Research raised shares of H World Group from a "strong sell" rating to a "hold" rating in a research report on Thursday, August 28th. Three analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $40.80.

H World Group Trading Down 0.2%

NASDAQ:HTHT opened at $38.61 on Friday. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.32. H World Group has a 12 month low of $30.13 and a 12 month high of $40.56. The company has a market cap of $11.88 billion, a PE ratio of 23.26, a price-to-earnings-growth ratio of 1.85 and a beta of 0.35. The company has a 50 day simple moving average of $37.48 and a two-hundred day simple moving average of $35.32.

Institutional Trading of H World Group

Several hedge funds have recently made changes to their positions in the business. Schroder Investment Management Group raised its position in shares of H World Group by 95.0% during the 2nd quarter. Schroder Investment Management Group now owns 12,487,444 shares of the company's stock valued at $423,574,000 after buying an additional 6,082,369 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its position in shares of H World Group by 4,554.2% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 11,684,748 shares of the company's stock valued at $432,453,000 after buying an additional 11,433,692 shares in the last quarter. Temasek Holdings Private Ltd raised its position in shares of H World Group by 66.5% during the 1st quarter. Temasek Holdings Private Ltd now owns 6,856,300 shares of the company's stock valued at $253,752,000 after buying an additional 2,738,772 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp raised its position in shares of H World Group by 42.8% during the 2nd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 5,606,258 shares of the company's stock valued at $190,164,000 after buying an additional 1,679,440 shares in the last quarter. Finally, Generation Investment Management LLP raised its position in shares of H World Group by 8.2% during the 1st quarter. Generation Investment Management LLP now owns 5,213,875 shares of the company's stock valued at $192,966,000 after buying an additional 395,042 shares in the last quarter. 46.41% of the stock is currently owned by hedge funds and other institutional investors.

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.

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