Brokerages Set H World Group Limited (NASDAQ:HTHT) Price Target at $44.68

Shares of H World Group Limited (NASDAQ:HTHT) have been assigned a consensus recommendation of “Moderate Buy” from the six ratings firms that are currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $44.68.

HTHT has been the subject of a number of recent analyst reports. HSBC downgraded H World Group from a “buy” rating to a “hold” rating and set a $32.40 price objective for the company. in a research note on Wednesday, February 5th. Hsbc Global Res lowered shares of H World Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 4th.

H World Group Stock Performance

HTHT stock opened at $36.77 on Thursday. 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 cap of $11.52 billion, a PE ratio of 22.28, a P/E/G ratio of 1.28 and a beta of 0.70. The business has a 50 day moving average of $35.27 and a 200-day moving average of $34.92. H World Group has a 12-month low of $27.03 and a 12-month high of $42.98.

H World Group Increases Dividend

The company also recently announced a — dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 9th will be paid a $0.95 dividend. 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 payout ratio is presently 141.79%.

Institutional Inflows and Outflows

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