H World Group (NASDAQ:HTHT) Shares Break Above 200-Day Moving Average - Here's Why

Key Points

• H World Group shares rose above their 200-day moving average, reaching $47.55 and last trading at $47.35, compared with the 200-day average of $47.03.
• Analyst sentiment is generally positive: three analysts rate the stock Buy and one rates it Hold, resulting in a “Moderate Buy” consensus and an average price target of $61.20.
• The company exceeded quarterly expectations, reporting $0.78 in earnings per share and $1.05 billion in revenue, while its dividend fell to $0.87 from $1.30.

H World Group Limited Sponsored ADR (NASDAQ:HTHT - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $47.03 and traded as high as $47.55. H World Group shares last traded at $47.35, with a volume of 1,017,447 shares trading hands.

Analyst Upgrades and Downgrades

HTHT has been the topic of a number of recent research reports. Weiss Ratings raised H World Group from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Friday, October 9th. Benchmark restated a "buy" rating on shares of H World Group in a report on Tuesday, August 18th. Finally, Wall Street Zen lowered H World Group from a "buy" rating to a "hold" rating in a research report on Saturday, October 17th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $61.20.

H World Group Stock Performance

The company has a quick ratio of 1.20, a current ratio of 1.21 and a debt-to-equity ratio of 0.44. The stock has a market capitalization of $14.93 billion, a P/E ratio of 20.86, a P/E/G ratio of 1.65 and a beta of 0.14. The business has a fifty day moving average price of $44.97 and a 200-day moving average price of $47.03.

H World Group (NASDAQ:HTHT - Get Free Report) last issued its earnings results on Friday, August 14th. The company reported $0.78 earnings per share for the quarter, topping analysts' consensus estimates of $0.74 by $0.04. The business had revenue of $1.05 billion during the quarter, compared to analyst estimates of $998.88 million. H World Group had a return on equity of 41.05% and a net margin of 18.90%. On average, sell-side analysts expect that H World Group Limited Sponsored ADR will post 2.60 EPS for the current year.

H World Group Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, September 22nd. Stockholders of record on Tuesday, September 8th were paid a $0.87 dividend. This is a drop from H World Group's previous dividend of $1.30. This represents a dividend yield of 394.0%. The ex-dividend date was Tuesday, September 8th. H World Group's dividend payout ratio (DPR) is presently 74.89%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in HTHT. Renaissance Technologies LLC lifted its position in H World Group by 11.1% during the first quarter. Renaissance Technologies LLC now owns 1,392,185 shares of the company's stock valued at $70,013,000 after purchasing an additional 139,300 shares during the period. Hsbc Holdings PLC raised its stake in H World Group by 44.7% during the 4th quarter. Hsbc Holdings PLC now owns 1,183,612 shares of the company's stock valued at $55,644,000 after buying an additional 365,659 shares during the last quarter. Sei Investments Co. raised its stake in H World Group by 263.2% during the 1st quarter. Sei Investments Co. now owns 694,986 shares of the company's stock valued at $34,951,000 after buying an additional 503,629 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of H World Group by 3.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 539,055 shares of the company's stock valued at $27,083,000 after buying an additional 19,585 shares during the period. Finally, KBC Group NV lifted its holdings in shares of H World Group by 493.2% during the 1st quarter. KBC Group NV now owns 517,397 shares of the company's stock valued at $26,020,000 after buying an additional 430,176 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 is a hospitality company that operates, leases, franchises and manages a broad portfolio of hotels. The company serves business and leisure travelers through brands positioned across the economy, midscale, upscale and luxury segments, with accommodations ranging from limited-service hotels to full-service and resort properties.

Its portfolio includes Chinese brands such as HanTing Hotel, JI Hotel, Orange Hotel, Starway Hotel, Hi Inn, Elan Hotel, Manxin Hotel and CitiGO, as well as international brands including Steigenberger Hotels & Resorts, IntercityHotel, MAXX by Steigenberger, Jaz in the City and Zleep Hotels.

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