H World Group (NASDAQ:HTHT) Coverage Initiated by Analysts at Macquarie

Macquarie assumed coverage on shares of H World Group (NASDAQ:HTHT - Free Report) in a research note released on Friday, MarketBeat.com reports. The firm issued an outperform rating and a $48.00 price target on the stock.

A number of other brokerages also recently commented on HTHT. Bank of America reduced their price objective on H World Group from $51.00 to $43.00 and set a buy rating on the stock in a research report on Wednesday, March 13th. Benchmark reiterated a buy rating and set a $64.00 price objective on shares of H World Group in a research report on Friday, March 22nd. Finally, JPMorgan Chase & Co. lifted their target price 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. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, H World Group currently has a consensus rating of Moderate Buy and a consensus target price of $50.00.

H World Group Stock Performance

Shares of NASDAQ:HTHT traded down $0.47 during trading on Friday, hitting $36.89. The stock had a trading volume of 1,338,824 shares, compared to its average volume of 1,906,842. H World Group has a 12-month low of $30.20 and a 12-month high of $49.64. The stock has a market capitalization of $12.05 billion, a price-to-earnings ratio of 20.96, a price-to-earnings-growth ratio of 1.26 and a beta of 0.92. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 0.32. The stock has a 50-day simple moving average of $37.57 and a two-hundred day simple moving average of $35.68.

H World Group (NASDAQ:HTHT - Get Free Report) last issued its quarterly earnings data on Wednesday, March 20th. The company reported $0.33 EPS for the quarter, beating the consensus estimate of $0.31 by $0.02. The company had revenue of $786.00 million for the quarter, compared to analyst estimates of $759.99 million. H World Group had a return on equity of 31.50% and a net margin of 18.62%. On average, equities research analysts expect that H World Group will post 1.94 earnings per share for the current fiscal year.

Institutional Investors Weigh In On H World Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Nordea Investment Management AB grew its stake in shares of H World Group by 344.7% in the fourth quarter. Nordea Investment Management AB now owns 367,343 shares of the company's stock valued at $12,324,000 after buying an additional 284,742 shares in the last quarter. American Century Companies Inc. grew its stake in shares of H World Group by 6.0% in the third quarter. American Century Companies Inc. now owns 2,057,059 shares of the company's stock valued at $81,110,000 after buying an additional 116,641 shares in the last quarter. Trexquant Investment LP grew its stake in shares of H World Group by 10.6% in the third quarter. Trexquant Investment LP now owns 178,932 shares of the company's stock valued at $7,055,000 after buying an additional 17,153 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of H World Group by 0.7% in the third quarter. Vanguard Group Inc. now owns 8,404,958 shares of the company's stock valued at $331,407,000 after buying an additional 58,687 shares in the last quarter. Finally, AIA Group Ltd grew its stake in shares of H World Group by 5.8% in the fourth quarter. AIA Group Ltd now owns 285,062 shares of the company's stock valued at $9,532,000 after buying an additional 15,502 shares in the last quarter. Hedge funds and other institutional investors own 46.41% of the company's stock.

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.