H World Group (NASDAQ:HTHT) Shares Gap Down – Time to Sell?

H World Group Limited (NASDAQ:HTHT)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $36.67, but opened at $35.63. H World Group shares last traded at $35.69, with a volume of 136,735 shares changing hands.

Wall Street Analyst Weigh In

Several brokerages recently commented on HTHT. Hsbc Global Res cut H World Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 4th. HSBC lowered shares of H World Group from a “buy” rating to a “hold” rating and set a $32.40 price objective for the company. in a research report on Wednesday, February 5th. Finally, Benchmark dropped their price target on shares of H World Group from $53.00 to $48.00 and set a “buy” rating for the company in a research report on Wednesday, November 27th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, H World Group presently has an average rating of “Moderate Buy” and an average price target of $44.68.

H World Group Trading Up 2.9 %

The company has a market cap of $11.60 billion, a P/E ratio of 22.43, a P/E/G ratio of 1.28 and a beta of 0.70. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.87 and a current ratio of 0.88. The business’s 50-day moving average price is $33.87 and its 200 day moving average price is $34.28.

Institutional Investors Weigh In On H World Group

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Daiwa Securities Group Inc. acquired a new stake in shares of H World Group during the fourth quarter worth $33,000. US Bancorp DE lifted its stake in shares of H World Group by 21.2% in the fourth quarter. US Bancorp DE now owns 4,839 shares of the company’s stock valued at $160,000 after buying an additional 845 shares in the last quarter. Blue Trust Inc. lifted its position in shares of H World Group by 13.5% during the fourth quarter. Blue Trust Inc. now owns 5,467 shares of the company’s stock valued at $181,000 after purchasing an additional 650 shares in the last quarter. iA Global Asset Management Inc. purchased a new stake in H World Group during the fourth quarter worth about $196,000. Finally, Mariner LLC increased its holdings in H World Group by 33.8% during the fourth quarter. Mariner LLC now owns 8,120 shares of the company’s stock worth $268,000 after buying an additional 2,050 shares during the last quarter. 46.41% of the stock is owned by institutional investors.

About H World Group

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.