H World Group Limited (NASDAQ:HTHT) Receives Average Recommendation of “Buy” from Brokerages

H World Group Limited (NASDAQ:HTHT) has been assigned a consensus rating of “Buy” from the five analysts that are currently covering the company, Marketbeat reports. Five research analysts have rated the stock with a buy recommendation. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $47.80.

Separately, Benchmark lowered their target price on H World Group from $64.00 to $53.00 and set a “buy” rating on the stock in a research report on Thursday, August 22nd.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Capital International Investors lifted its position in H World Group by 192.4% in the first quarter. Capital International Investors now owns 5,689,620 shares of the company’s stock worth $220,188,000 after purchasing an additional 3,744,106 shares during the period. Norges Bank acquired a new stake in shares of H World Group in the fourth quarter valued at $46,460,000. Schroder Investment Management Group boosted its stake in 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 valued at $548,080,000 after buying an additional 1,039,888 shares in the last quarter. Canada Pension Plan Investment Board grew its holdings in H World Group by 80.5% during the first quarter. Canada Pension Plan Investment Board now owns 1,500,432 shares of the company’s stock worth $58,067,000 after acquiring an additional 669,200 shares during the period. Finally, Capital International Inc. CA raised its position in H World Group by 57.7% in the first quarter. Capital International Inc. CA now owns 1,803,048 shares of the company’s stock worth $69,778,000 after acquiring an additional 659,914 shares in the last quarter. 46.41% of the stock is currently owned by institutional investors.

H World Group Stock Down 0.2 %

H World Group stock opened at $29.81 on Monday. The firm has a market capitalization of $9.73 billion, a P/E ratio of 18.52, a P/E/G ratio of 1.12 and a beta of 0.76. The company has a 50-day simple moving average of $29.61 and a 200-day simple moving average of $34.49. H World Group has a one year low of $27.03 and a one year high of $42.21. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.96 and a current ratio of 0.97.

H World Group (NASDAQ:HTHT) last posted its earnings results on Tuesday, August 20th. The company reported $0.46 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.06). The firm had revenue of $846.00 million during the quarter, compared to the consensus estimate of $839.89 million. H World Group had a return on equity of 29.32% and a net margin of 16.32%. As a group, equities analysts expect that H World Group will post 1.74 earnings per share for the current year.

H World Group Cuts Dividend

The business also recently declared a Variable dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Wednesday, August 14th were given a dividend of $0.63 per share. The ex-dividend date was Wednesday, August 14th. This represents a dividend yield of 3.9%. H World Group’s dividend payout ratio (DPR) is 75.16%.

H World Group Company Profile

H World Group Limited develops leased and owned, manachised, and franchised hotels 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.