H World Group Limited (NASDAQ:HTHT) Receives $44.68 Average Target Price from Analysts

H World Group Limited (NASDAQ:HTHT) has received a consensus rating of “Moderate Buy” from the six brokerages that are currently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year target price among brokers that have covered the stock in the last year is $44.68.

HTHT has been the topic of a number of research analyst reports. Hsbc Global Res downgraded shares of H World Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 4th. 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 research note on Wednesday, February 5th.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Massachusetts Financial Services Co. MA acquired a new position in H World Group during the 3rd quarter valued at about $1,921,000. Quantbot Technologies LP boosted its position in shares of H World Group by 21.4% during the third quarter. Quantbot Technologies LP now owns 62,935 shares of the company’s stock valued at $2,341,000 after buying an additional 11,081 shares during the last quarter. Verition Fund Management LLC purchased a new position in shares of H World Group during the third quarter valued at approximately $1,151,000. Point72 Hong Kong Ltd purchased a new stake in H World Group in the 3rd quarter valued at $418,000. Finally, Temasek Holdings Private Ltd purchased a new stake in H World Group in the 3rd quarter valued at $81,840,000. 46.41% of the stock is currently owned by institutional investors and hedge funds.

H World Group Stock Down 3.4 %

Shares of H World Group stock opened at $36.77 on Thursday. The stock’s 50-day moving average is $35.27 and its 200 day moving average is $34.92. H World Group has a one year low of $27.03 and a one year high of $42.98. The firm has a market cap of $11.52 billion, a price-to-earnings ratio of 22.28, a PEG ratio of 1.28 and a beta of 0.70. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.88 and a quick ratio of 0.87.

H World Group Increases Dividend

The firm also recently declared a — dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 9th will be paid a dividend of $0.95 per share. This represents a yield of 4.1%. The ex-dividend date of this dividend is Wednesday, April 9th. This is a positive change from H World Group’s previous — dividend of $0.34. H World Group’s payout ratio is 141.79%.

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.