H World Group (NASDAQ:HTHT) Trading 3% Higher

Shares of H World Group Limited (NASDAQ:HTHT - Get Free Report) were up 3% during trading on Monday . The stock traded as high as $38.77 and last traded at $38.60. Approximately 161,652 shares were traded during mid-day trading, a decline of 92% from the average daily volume of 1,950,644 shares. The stock had previously closed at $37.48.

Analysts Set New Price Targets

HTHT has been the topic of several recent analyst reports. Benchmark reissued a "buy" rating and issued a $64.00 price target on shares of H World Group in a research note on Friday, March 22nd. Bank of America dropped their price target 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. boosted their price target on H World Group from $40.00 to $45.00 and gave the company an "overweight" rating in a research note on Friday, March 22nd. One analyst has rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $50.67.

H World Group Price Performance

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 business has a 50-day moving average price of $37.00 and a two-hundred day moving average price of $35.67. The company has a market capitalization of $12.60 billion, a price-to-earnings ratio of 21.93, a price-to-earnings-growth ratio of 1.25 and a beta of 0.92.

H World Group (NASDAQ:HTHT - Get Free Report) last issued its earnings results on Wednesday, March 20th. The company reported $0.33 earnings per share for the quarter, topping analysts' consensus estimates 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%. As a group, research analysts anticipate that H World Group Limited will post 1.94 EPS for the current year.

Institutional Investors Weigh In On H World Group

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Advisor Group Holdings Inc. grew its stake in H World Group by 41.9% in the 4th quarter. Advisor Group Holdings Inc. now owns 759 shares of the company's stock valued at $33,000 after purchasing an additional 224 shares during the period. FMR LLC grew its stake in H World Group by 43.6% in the 2nd quarter. FMR LLC now owns 1,460 shares of the company's stock valued at $56,000 after purchasing an additional 443 shares during the period. National Pension Service grew its stake in H World Group by 1.2% in the 3rd quarter. National Pension Service now owns 37,523 shares of the company's stock valued at $1,307,000 after purchasing an additional 454 shares during the period. Mariner LLC grew its stake in H World Group by 10.6% in the 3rd quarter. Mariner LLC now owns 6,228 shares of the company's stock valued at $246,000 after purchasing an additional 596 shares during the period. Finally, Ensign Peak Advisors Inc grew its stake in H World Group by 5.0% in the 3rd quarter. Ensign Peak Advisors Inc now owns 13,700 shares of the company's stock valued at $459,000 after purchasing an additional 650 shares during the period. 46.41% of the stock is owned by hedge funds and other 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.