H World Group (NASDAQ:HTHT) Stock Rating Lowered by Wall Street Zen

Key Points

• Wall Street Zen downgraded H World Group (NASDAQ:HTHT) from a "buy" to a "hold" in a research note issued Sunday.
• Despite that downgrade, the analyst consensus remains a Moderate Buy (six buys, one hold) with a consensus price target of $52.13.
• Shares recently opened at $50.52 with a market cap of $15.55 billion, a PE of 29.03 and a 52-week range of $30.20–$56.63, while institutional investors own about 46.41% of the stock and several funds have recently increased their stakes.

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

A number of other brokerages have also recently issued reports on HTHT. Benchmark increased their target price on shares of H World Group from $48.00 to $52.00 and gave the stock a "buy" rating in a research report on Tuesday, November 18th. UBS Group upgraded shares of H World Group from a "neutral" rating to a "buy" rating and set a $62.40 price target on the stock in a research report on Monday, March 9th. Zacks Research cut shares of H World Group from a "strong-buy" rating to a "hold" rating in a research note on Monday, January 5th. Finally, Weiss Ratings reaffirmed a "buy (b-)" rating on shares of H World Group in a report on Monday, December 29th. Six investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $52.13.

H World Group Stock Down 1.3%

Shares of NASDAQ HTHT opened at $50.52 on Friday. The stock has a market cap of $15.55 billion, a PE ratio of 29.03, a PEG ratio of 1.13 and a beta of 0.11. The business has a fifty day moving average of $51.24 and a two-hundred day moving average of $45.17. H World Group has a 52-week low of $30.20 and a 52-week high of $56.63. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.84 and a current ratio of 0.85.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. AQR Capital Management LLC increased its position in H World Group by 11.2% in the 1st quarter. AQR Capital Management LLC now owns 9,319 shares of the company's stock valued at $338,000 after acquiring an additional 936 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of H World Group by 82.2% during the second quarter. PNC Financial Services Group Inc. now owns 2,146 shares of the company's stock worth $73,000 after purchasing an additional 968 shares in the last quarter. Creative Planning grew its stake in shares of H World Group by 31.9% during the second quarter. Creative Planning now owns 53,640 shares of the company's stock valued at $1,819,000 after purchasing an additional 12,959 shares during the last quarter. Raiffeisen Bank International AG bought a new stake in shares of H World Group during the second quarter valued at approximately $174,000. Finally, Rovida Advisors Inc. acquired a new stake in shares of H World Group in the second quarter valued at approximately $8,480,000. Institutional investors and hedge funds own 46.41% of the company's stock.

About H World Group

H World Group, formerly known as Huazhu Group, is a leading hotel management and franchising company primarily serving the China market. The company operates a broad portfolio of midscale to luxury hotel brands, including Hi Inn, Blossom, Manxin, Madison International, Joya, Grand Mercure, Novotel, Mercure and ibis. Through a network of both directly managed and franchised properties, H World Group caters to business and leisure travelers by offering consistent service standards and loyalty benefits across its brands.

In addition to its core hotel operations, H World Group provides technology-driven hospitality solutions such as centralized reservation systems, revenue management platforms and customer relationship management tools.

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