H World Group (NASDAQ:HTHT) Shares Gap Down to $39.39

H World Group Limited (NASDAQ:HTHT - Get Free Report) shares gapped down prior to trading on Friday . The stock had previously closed at $39.39, but opened at $38.32. H World Group shares last traded at $38.31, with a volume of 117,511 shares.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Benchmark restated a "buy" rating and issued a $64.00 target price on shares of H World Group in a research note on Friday, March 22nd. Bank of America lowered their target price on H World Group from $51.00 to $43.00 and set a "buy" rating on the stock in a research note on Wednesday, March 13th. Finally, JPMorgan Chase & Co. increased their price target on H World Group from $40.00 to $45.00 and gave the stock an "overweight" rating in a research report on Friday, March 22nd. One research analyst has rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat, H World Group has a consensus rating of "Moderate Buy" and a consensus target price of $50.67.

H World Group Stock Performance

The firm has a 50 day simple moving average of $37.00 and a 200-day simple moving average of $35.71. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.69 and a quick ratio of 0.69. The company has a market cap of $12.24 billion, a price-to-earnings ratio of 21.30, a PEG ratio of 1.33 and a beta of 0.92.

H World Group (NASDAQ:HTHT - Get Free Report) last posted its earnings results on Wednesday, March 20th. The company reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.02. The company had revenue of $786.00 million during the quarter, compared to analysts' expectations of $759.99 million. H World Group had a return on equity of 31.50% and a net margin of 18.62%. As a group, analysts predict that H World Group Limited will post 1.94 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the company. Schroder Investment Management Group boosted its position in shares of H World Group by 6.8% during the fourth quarter. Schroder Investment Management Group now owns 16,389,954 shares of the company's stock worth $548,080,000 after buying an additional 1,039,888 shares during the period. Vanguard Group Inc. boosted its position in shares of H World Group by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 8,432,587 shares of the company's stock worth $281,986,000 after buying an additional 27,629 shares during the period. Capital International Investors boosted its position in shares of H World Group by 1.6% during the first quarter. Capital International Investors now owns 3,980,217 shares of the company's stock worth $131,307,000 after buying an additional 61,482 shares during the period. Federated Hermes Inc. boosted its position in shares of H World Group by 20.7% during the fourth quarter. Federated Hermes Inc. now owns 2,229,079 shares of the company's stock worth $74,540,000 after buying an additional 382,538 shares during the period. Finally, American Century Companies Inc. boosted its position in shares of H World Group by 6.0% during the third quarter. American Century Companies Inc. now owns 2,057,059 shares of the company's stock worth $81,110,000 after buying an additional 116,641 shares during the period. 46.41% of the stock is currently owned by hedge funds and other institutional investors.

H World Group Company Profile

H World Group Limited, together with its subsidiaries, develops leased and owned, manachised, and franchised hotels primarily 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.