Analysts Set H World Group Limited Sponsored ADR (NASDAQ:HTHT) Price Target at $54.80

H World Group Limited Sponsored ADR (NASDAQ:HTHT) has received an average recommendation of “Buy” from the six research firms that are presently covering the company, Marketbeat.com reports. Five analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $54.80.

Several research analysts have issued reports on HTHT shares. UBS Group raised H World Group from a “neutral” rating to a “buy” rating and set a $62.40 price target on the stock in a report on Monday, March 9th. Wall Street Zen raised H World Group from a “hold” rating to a “buy” rating in a report on Monday, March 23rd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of H World Group in a report on Friday, March 27th. Benchmark upped their price target on H World Group from $52.00 to $60.00 and gave the company a “buy” rating in a report on Thursday, March 19th. Finally, Zacks Research raised shares of H World Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, March 19th.

Insider Transactions at H World Group

In other H World Group news, Director Theng Fong Hee sold 31,640 shares of the business’s stock in a transaction on Friday, March 20th. The shares were 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 available through the SEC website. 49.40% of the stock is currently owned by company insiders.

Institutional Trading of H World Group

Large investors have recently added to or reduced their stakes in the company. TD Private Client Wealth LLC acquired a new stake in H World Group during the 4th quarter valued at $45,000. EverSource Wealth Advisors LLC raised its stake in H World Group by 81.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,450 shares of the company’s stock valued at $49,000 after purchasing an additional 649 shares during the period. Caitong International Asset Management Co. Ltd acquired a new stake in H World Group during the 3rd quarter valued at $66,000. Osaic Holdings Inc. raised its stake in H World Group by 889.5% during the 2nd quarter. Osaic Holdings Inc. now owns 2,266 shares of the company’s stock valued at $77,000 after purchasing an additional 2,037 shares during the period. Finally, iA Global Asset Management Inc. grew its holdings in shares of H World Group by 20.1% during the 4th quarter. iA Global Asset Management Inc. now owns 1,653 shares of the company’s stock valued at $78,000 after acquiring an additional 277 shares in the last quarter. 46.41% of the stock is owned by institutional investors and hedge funds.

H World Group Price Performance

NASDAQ HTHT opened at $46.93 on Thursday. The stock has a market capitalization of $14.43 billion, a P/E ratio of 20.86, a P/E/G ratio of 1.34 and a beta of 0.15. H World Group has a 1 year low of $30.41 and a 1 year high of $56.63. The business’s fifty day moving average is $51.26 and its two-hundred day moving average is $49.05. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.91 and a current ratio of 0.91.

H World Group (NASDAQ:HTHT) last posted its quarterly earnings results on Saturday, February 14th. The company reported $0.06 earnings per share (EPS) for the quarter. The company had revenue of $932.62 million for the quarter. H World Group had a return on equity of 37.79% and a net margin of 20.05%. On average, research analysts forecast that H World Group will post 2.47 earnings per share for the current fiscal year.

H World Group Dividend Announcement

The company also recently announced a dividend, which will be paid on Wednesday, May 20th. Shareholders of record on Monday, May 4th will be paid a dividend of $1.30 per share. This represents a yield of 542.0%. The ex-dividend date of this dividend is Monday, May 4th. H World Group’s payout ratio is 113.78%.

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.