H World Group (NASDAQ:HTHT) Shares Gap Up – Still a Buy?

Shares of H World Group Limited (NASDAQ:HTHT) gapped up before the market opened on Wednesday . The stock had previously closed at $37.33, but opened at $38.12. H World Group shares last traded at $38.21, with a volume of 459,085 shares traded.

Analyst Ratings Changes

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

H World Group Trading Up 2.6 %

The company has a quick ratio of 0.87, a current ratio of 0.88 and a debt-to-equity ratio of 0.60. The firm has a market capitalization of $12.01 billion, a price-to-earnings ratio of 23.20, a price-to-earnings-growth ratio of 1.28 and a beta of 0.70. The firm’s 50 day moving average is $34.89 and its 200 day moving average is $34.79.

H World Group Increases Dividend

The business also recently disclosed a — dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 9th will be paid a dividend of $0.95 per share. 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. This represents a dividend yield of 4.1%. H World Group’s dividend payout ratio (DPR) is currently 141.79%.

Institutional Investors Weigh In On H World Group

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Capital International Investors boosted its position in shares of H World Group by 18.4% in the 4th quarter. Capital International Investors now owns 9,334,577 shares of the company’s stock valued at $308,321,000 after purchasing an additional 1,452,364 shares during the period. Capital Research Global Investors acquired a new position in shares of H World Group in the fourth quarter worth about $307,715,000. Temasek Holdings Private Ltd increased its position in shares of H World Group by 87.2% in the fourth quarter. Temasek Holdings Private Ltd now owns 4,117,528 shares of the company’s stock worth $136,002,000 after acquiring an additional 1,917,528 shares in the last quarter. Nuveen Asset Management LLC raised its holdings in shares of H World Group by 625.5% during the fourth quarter. Nuveen Asset Management LLC now owns 2,136,770 shares of the company’s stock valued at $70,578,000 after acquiring an additional 1,842,244 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of H World Group by 6.8% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,496,643 shares of the company’s stock valued at $49,434,000 after acquiring an additional 95,737 shares in the last quarter. 46.41% of the stock is owned by institutional investors and hedge funds.

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.