H World Group (NASDAQ:HTHT – Get Rating) had its price target increased by Benchmark from $45.00 to $64.00 in a report issued on Tuesday, The Fly reports.
Several other equities research analysts also recently issued reports on the stock. The Goldman Sachs Group upgraded shares of H World Group from a buy rating to a conviction-buy rating in a research note on Tuesday, January 10th. HSBC lifted their price target on shares of H World Group from $45.10 to $57.20 in a research note on Wednesday, January 11th. StockNews.com downgraded shares of H World Group from a hold rating to a sell rating in a research note on Saturday. Finally, TheStreet upgraded shares of H World Group from a d+ rating to a c- rating in a research note on Monday, January 30th. One analyst has rated the stock with a sell rating, two have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, H World Group has a consensus rating of Moderate Buy and a consensus target price of $57.40.
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NASDAQ:HTHT opened at $47.94 on Tuesday. The firm has a market capitalization of $15.61 billion, a PE ratio of -55.10 and a beta of 1.02. The firm's fifty day simple moving average is $49.13 and its 200 day simple moving average is $41.40. H World Group has a 1 year low of $24.38 and a 1 year high of $53.52. The company has a current ratio of 0.70, a quick ratio of 0.69 and a debt-to-equity ratio of 1.02.
Institutional Trading of H World Group
Several institutional investors and hedge funds have recently added to or reduced their stakes in HTHT. Advisor Group Holdings Inc. grew its position in shares of H World Group by 41.9% during the 4th quarter. Advisor Group Holdings Inc. now owns 759 shares of the company's stock worth $33,000 after buying an additional 224 shares during the period. FNY Investment Advisers LLC bought a new stake in H World Group in the 4th quarter valued at $50,000. FMR LLC lifted its position in H World Group by 43.6% in the 2nd quarter. FMR LLC now owns 1,460 shares of the company's stock valued at $56,000 after acquiring an additional 443 shares in the last quarter. 1832 Asset Management L.P. bought a new stake in H World Group in the 4th quarter valued at $68,000. Finally, Migdal Insurance & Financial Holdings Ltd. lifted its position in H World Group by 31.5% in the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 2,298 shares of the company's stock valued at $99,000 after acquiring an additional 550 shares in the last quarter. 44.79% of the stock is owned by institutional investors.
H World Group Company Profile
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H World Group Ltd. is engaged in the operation of hotels. The firm operates through the Legacy Huazhu and Legacy DH segments. It targets economy, midscale, upper midscale, and upscale hotel brands. The economy hotel brands comprises of HanTing, Ni Hao, Hi Inn, Elan, Zleep, and Ibis Hotels. The midscale hotel includes JI Hotel, Orange Hotel, Starway, and Ibis Styles Hotels.
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