H World Group's (HTHT) "Hold (C+)" Rating Reiterated at Weiss Ratings

Key Points

• H World Group's stock rating was reiterated as "Hold (C+)" by Weiss Ratings, reflecting a cautious outlook on the stock's performance.
• Recent reports indicate a mixed sentiment among analysts, with Wall Street Zen upgrading the stock from "Hold" to "Buy" while Zacks Research maintained a "Hold" rating.
• As of now, H World Group holds a market cap of $11.46 billion and has a 52-week trading range between $30.13 and $40.56.

H World Group (NASDAQ:HTHT - Get Free Report)'s stock had its "hold (c+)" rating reiterated by Weiss Ratings in a research note issued on Tuesday,Weiss Ratings reports.

A number of other brokerages also recently issued reports on HTHT. Wall Street Zen upgraded H World Group from a "hold" rating to a "buy" rating in a research note on Sunday, September 28th. Zacks Research upgraded H World Group from a "strong sell" rating to a "hold" rating in a research note on Thursday, August 28th. Three equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $40.80.

H World Group Stock Performance

Shares of HTHT traded down $0.05 on Tuesday, reaching $37.26. 397,746 shares of the company's stock traded hands, compared to its average volume of 2,043,441. The stock's 50 day simple moving average is $36.46 and its two-hundred day simple moving average is $35.14. The stock has a market cap of $11.46 billion, a PE ratio of 22.45, a PEG ratio of 1.78 and a beta of 0.35. H World Group has a 52-week low of $30.13 and a 52-week high of $40.56. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.32.

Institutional Investors Weigh In On H World Group

Institutional investors have recently made changes to their positions in the stock. USA Financial Formulas purchased a new stake in shares of H World Group during the second quarter worth $28,000. Brooklyn Investment Group purchased a new stake in shares of H World Group during the first quarter worth $40,000. Hantz Financial Services Inc. lifted its position in shares of H World Group by 575.7% during the second quarter. Hantz Financial Services Inc. now owns 1,446 shares of the company's stock worth $49,000 after acquiring an additional 1,232 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of H World Group by 81.0% during the second quarter. EverSource Wealth Advisors LLC now owns 1,450 shares of the company's stock worth $49,000 after acquiring an additional 649 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd purchased a new stake in shares of H World Group in the first quarter worth $51,000. Hedge funds and other 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.

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