H World Group (NASDAQ:HTHT) Now Covered by Analysts at Macquarie

Macquarie began coverage on shares of H World Group (NASDAQ:HTHT) in a report released on Friday, MarketBeat.com reports. The brokerage issued an outperform rating and a $48.00 price target on the stock.

Other equities analysts have also recently issued research reports about the company. JPMorgan Chase & Co. upped their price target on H World Group from $40.00 to $45.00 and gave the company an overweight rating in a report on Friday, March 22nd. Bank of America lowered 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. Finally, Benchmark reaffirmed a buy rating and issued a $64.00 target price on shares of H World Group in a research report on Friday, March 22nd. One research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of Moderate Buy and an average price target of $50.00.

H World Group Trading Down 1.3 %

Shares of HTHT stock opened at $36.89 on Friday. The firm has a market capitalization of $12.05 billion, a P/E ratio of 20.96, a price-to-earnings-growth ratio of 1.24 and a beta of 0.92. H World Group has a 1 year low of $30.20 and a 1 year high of $49.64. The firm’s fifty day simple moving average is $37.57 and its 200 day simple moving average is $35.68. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 0.32.

H World Group (NASDAQ:HTHT) last posted its quarterly earnings results on Wednesday, March 20th. The company reported $0.33 earnings per share (EPS) for the quarter, topping 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 net margin of 18.62% and a return on equity of 31.50%. As a group, sell-side analysts predict that H World Group will post 1.94 EPS for the current year.

Institutional Investors Weigh In On H World Group

Several large investors have recently modified their holdings of the stock. Schroder Investment Management Group boosted its stake in H World Group by 6.8% in the 4th 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. Vanguard Group Inc. boosted its stake in shares of H World Group by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 8,432,587 shares of the company’s stock valued at $281,986,000 after purchasing an additional 27,629 shares in the last quarter. Capital International Investors grew its holdings in shares of H World Group by 1.6% in the 1st quarter. Capital International Investors now owns 3,980,217 shares of the company’s stock worth $131,307,000 after purchasing an additional 61,482 shares during the last quarter. Federated Hermes Inc. increased its position in shares of H World Group by 20.7% during the 4th quarter. Federated Hermes Inc. now owns 2,229,079 shares of the company’s stock worth $74,540,000 after purchasing an additional 382,538 shares in the last quarter. Finally, American Century Companies Inc. lifted its holdings in H World Group by 6.0% during the 3rd quarter. American Century Companies Inc. now owns 2,057,059 shares of the company’s stock valued at $81,110,000 after purchasing an additional 116,641 shares during the last quarter. 46.41% of the stock is currently owned by 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.