H World Group (NASDAQ:HTHT) Shares Gap Down to $42.04

H World Group Limited (NASDAQ:HTHT - Get Free Report) shares gapped down before the market opened on Friday . The stock had previously closed at $42.04, but opened at $40.67. H World Group shares last traded at $41.25, with a volume of 434,806 shares.

Analyst Ratings Changes

A number of research firms recently weighed in on HTHT. Benchmark reissued a "buy" rating and set a $64.00 price target on shares of H World Group in a research report on Friday, March 22nd. JPMorgan Chase & Co. increased their price target on H World Group from $40.00 to $45.00 and gave the company an "overweight" rating in a research report on Friday, March 22nd. Macquarie began coverage on H World Group in a research report on Friday, April 19th. They issued an "outperform" rating and a $48.00 price objective on the stock. CLSA started coverage on H World Group in a research note on Friday, April 26th. They issued a "buy" rating and a $47.00 price objective for the company. Finally, 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. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, H World Group has a consensus rating of "Moderate Buy" and an average price target of $49.40.

H World Group Stock Down 1.7 %

The firm has a market capitalization of $13.50 billion, a PE ratio of 23.38, a P/E/G ratio of 1.32 and a beta of 0.93. The stock has a 50-day simple moving average of $39.07 and a 200-day simple moving average of $36.12. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 0.32.

H World Group (NASDAQ:HTHT - Get Free Report) last announced its quarterly earnings data on Wednesday, March 20th. The company reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.02. H World Group had a return on equity of 31.50% and a net margin of 18.62%. The company had revenue of $786.00 million during the quarter, compared to analyst estimates of $759.99 million. Analysts forecast that H World Group Limited will post 2 EPS for the current year.

Institutional Trading of H World Group

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Blue Trust Inc. grew its position in shares of H World Group by 48.6% during the 4th quarter. Blue Trust Inc. now owns 3,386 shares of the company's stock valued at $113,000 after purchasing an additional 1,108 shares in the last quarter. AdvisorShares Investments LLC purchased a new position in H World Group during the fourth quarter worth about $177,000. NewEdge Wealth LLC bought a new position in H World Group in the 4th quarter worth about $221,000. Vestmark Advisory Solutions Inc. purchased a new stake in shares of H World Group in the 4th quarter valued at about $221,000. Finally, Greenleaf Trust bought a new stake in shares of H World Group during the 3rd quarter valued at about $228,000. 46.41% of the stock is currently owned by institutional investors.

About H World Group

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.