H World Group (NASDAQ:HTHT) Trading 5.1% Higher – Still a Buy?

H World Group Limited (NASDAQ:HTHT)’s share price shot up 5.1% on Wednesday . The company traded as high as $39.12 and last traded at $38.46. 440,708 shares were traded during trading, a decline of 79% from the average session volume of 2,083,230 shares. The stock had previously closed at $36.61.

Analysts Set New Price Targets

A number of research firms recently weighed in on HTHT. HSBC lowered shares of H World Group from a “buy” rating to a “hold” rating and set a $32.40 target price on the stock. in a report on Wednesday, February 5th. Hsbc Global Res lowered shares of H World Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 4th. 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 equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $44.40.

H World Group Stock Performance

The company has a market capitalization of $11.80 billion, a PE ratio of 22.85, a PEG ratio of 1.26 and a beta of 0.70. The business’s 50-day moving average is $32.76 and its 200-day moving average is $33.40. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.87 and a current ratio of 0.88.

H World Group (NASDAQ:HTHT) last released its quarterly earnings data on Tuesday, November 26th. The company reported $0.58 earnings per share for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.09). H World Group had a net margin of 15.97% and a return on equity of 30.41%. During the same quarter in the prior year, the business earned $0.56 EPS. On average, research analysts anticipate that H World Group Limited will post 1.65 earnings per share for the current year.

Institutional Trading of H World Group

A number of large investors have recently made changes to their positions in the stock. Fiera Capital Corp boosted its holdings in shares of H World Group by 87.1% in the third quarter. Fiera Capital Corp now owns 56,213 shares of the company’s stock worth $2,091,000 after buying an additional 26,175 shares during the last quarter. Headwater Capital Co Ltd purchased a new position in H World Group during the fourth quarter valued at approximately $9,909,000. Nordea Investment Management AB lifted its holdings in shares of H World Group by 11.2% in the fourth quarter. Nordea Investment Management AB now owns 508,422 shares of the company’s stock worth $16,961,000 after buying an additional 51,213 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of H World Group by 109.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 251,056 shares of the company’s stock worth $8,292,000 after buying an additional 131,189 shares in the last quarter. Finally, TT International Asset Management LTD bought a new stake in H World Group in the third quarter worth $24,915,000. 46.41% of the stock is currently 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.