H World Group (NASDAQ:HTHT) Sees Large Volume Increase – What’s Next?

H World Group Limited Sponsored ADR (NASDAQ:HTHT) saw unusually-strong trading volume on Monday . Approximately 11,315,649 shares traded hands during mid-day trading, an increase of 519% from the previous session’s volume of 1,828,804 shares.The stock last traded at $44.5130 and had previously closed at $44.89.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on HTHT shares. Zacks Research raised H World Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 19th. UBS Group raised H World Group from a “neutral” rating to a “buy” rating and set a $62.40 target price on the stock in a research report on Monday, March 9th. Weiss Ratings cut H World Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, May 18th. Benchmark raised their target price on H World Group from $52.00 to $60.00 and gave the stock a “buy” rating in a research report on Thursday, March 19th. Finally, Wall Street Zen raised H World Group from a “hold” rating to a “buy” rating in a research report on Sunday. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, H World Group presently has a consensus rating of “Buy” and an average target price of $61.20.

H World Group Trading Down 0.1%

The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.93 and a current ratio of 0.93. The stock has a market capitalization of $13.63 billion, a PE ratio of 19.88, a PEG ratio of 1.23 and a beta of 0.11. The stock has a 50-day moving average price of $49.60 and a two-hundred day moving average price of $49.51.

H World Group (NASDAQ:HTHT) last posted its quarterly earnings data on Saturday, February 14th. The company reported $0.06 earnings per share for the quarter. H World Group had a return on equity of 39.73% and a net margin of 19.22%.The firm had revenue of $932.62 million for the quarter. As a group, equities analysts forecast that H World Group Limited Sponsored ADR will post 2.47 earnings per share for the current year.

H World Group Dividend Announcement

The firm also recently announced a dividend, which was paid on Wednesday, May 20th. Investors of record on Monday, May 4th were paid a dividend of $1.30 per share. This represents a yield of 542.0%. The ex-dividend date of this dividend was Monday, May 4th. H World Group’s dividend payout ratio (DPR) is 114.80%.

Insider Transactions at H World Group

In related news, Director Theng Fong Hee sold 31,640 shares of H World Group stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $50.96, for a total transaction of $1,612,374.40. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 49.40% of the company’s stock.

Institutional Trading of H World Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Rovida Investment Management Ltd bought a new stake in H World Group during the 1st quarter valued at approximately $10,058,000. Oddo BHF Asset Management Sas raised its stake in H World Group by 16.7% during the 1st quarter. Oddo BHF Asset Management Sas now owns 4,900 shares of the company’s stock valued at $246,000 after purchasing an additional 700 shares during the period. EverSource Wealth Advisors LLC raised its stake in H World Group by 57.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 2,395 shares of the company’s stock valued at $120,000 after purchasing an additional 872 shares during the period. California State Teachers Retirement System raised its stake in H World Group by 51.0% during the 1st quarter. California State Teachers Retirement System now owns 53,642 shares of the company’s stock valued at $2,698,000 after purchasing an additional 18,109 shares during the period. Finally, Quantinno Capital Management LP raised its stake in H World Group by 24.1% during the 1st quarter. Quantinno Capital Management LP now owns 40,583 shares of the company’s stock valued at $2,041,000 after purchasing an additional 7,877 shares during the period. Institutional investors own 46.41% of the company’s stock.

About H World Group

H World Group, formerly known as Huazhu Group, is a leading hotel management and franchising company primarily serving the China market. The company operates a broad portfolio of midscale to luxury hotel brands, including Hi Inn, Blossom, Manxin, Madison International, Joya, Grand Mercure, Novotel, Mercure and ibis. Through a network of both directly managed and franchised properties, H World Group caters to business and leisure travelers by offering consistent service standards and loyalty benefits across its brands.

In addition to its core hotel operations, H World Group provides technology-driven hospitality solutions such as centralized reservation systems, revenue management platforms and customer relationship management tools.