Weiss Ratings Reaffirms Hold (C+) Rating for H World Group (NASDAQ:HTHT)

H World Group (NASDAQ:HTHT)‘s stock had its “hold (c+)” rating reaffirmed by stock analysts at Weiss Ratings in a research note issued to investors on Tuesday,Weiss Ratings reports.

HTHT has been the topic of several other research reports. Zacks Research raised shares of H World Group from a “strong sell” rating to a “hold” rating in a research report on Thursday, August 28th. Wall Street Zen raised shares of H World Group from a “hold” rating to a “buy” rating in a research report on Sunday, September 28th. Three analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $40.80.

H World Group Stock Down 0.2%

HTHT stock opened at $36.99 on Tuesday. The firm has a market cap of $11.38 billion, a PE ratio of 22.28, a PEG ratio of 1.77 and a beta of 0.35. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.81 and a current ratio of 0.81. The firm’s 50 day moving average price is $36.70 and its 200-day moving average price is $35.16. H World Group has a one year low of $30.13 and a one year high of $40.56.

Institutional Trading of H World Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. USA Financial Formulas purchased a new stake in H World Group in the second quarter valued at approximately $28,000. Brooklyn Investment Group purchased a new stake in H World Group in the first quarter valued at approximately $40,000. Hantz Financial Services Inc. grew its stake in shares of H World Group by 575.7% in the second quarter. Hantz Financial Services Inc. now owns 1,446 shares of the company’s stock worth $49,000 after acquiring an additional 1,232 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of H World Group by 81.0% in the second quarter. EverSource Wealth Advisors LLC now owns 1,450 shares of the company’s stock worth $49,000 after acquiring an additional 649 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd acquired a new position in shares of H World Group in the first quarter worth $51,000. Hedge funds and other institutional investors own 46.41% of the company’s stock.

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.