H World Group Limited (NASDAQ:HTHT) Receives $50.00 Consensus PT from Analysts

H World Group Limited (NASDAQ:HTHT) has received an average recommendation of “Buy” from the five ratings firms that are currently covering the company, Marketbeat Ratings reports. Five investment analysts have rated the stock with a buy rating. The average 1-year target price among brokers that have covered the stock in the last year is $50.00.

Several research analysts have weighed in on the company. Macquarie initiated coverage on H World Group in a research report on Friday, April 19th. They set an “outperform” rating and a $48.00 price objective on the stock. JPMorgan Chase & Co. raised their price target on H World Group from $45.00 to $48.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 21st. Finally, CLSA initiated coverage on H World Group in a research report on Friday, April 26th. They issued a “buy” rating and a $47.00 price target on the stock.

H World Group Stock Down 1.1 %

HTHT stock opened at $28.23 on Friday. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.70 and a quick ratio of 0.69. The stock has a market capitalization of $9.22 billion, a price-to-earnings ratio of 17.53, a PEG ratio of 1.00 and a beta of 0.76. The business’s fifty day moving average price is $33.16 and its two-hundred day moving average price is $35.66. H World Group has a fifty-two week low of $27.03 and a fifty-two week high of $48.84.

H World Group (NASDAQ:HTHT) last posted its quarterly earnings data on Friday, May 17th. The company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.03). The firm had revenue of $731.00 million for the quarter. H World Group had a return on equity of 28.59% and a net margin of 16.47%. On average, equities analysts anticipate that H World Group will post 1.85 earnings per share for the current year.

H World Group Cuts Dividend

The firm also recently disclosed a Variable dividend, which will be paid on Tuesday, September 3rd. Investors of record on Wednesday, August 14th will be paid a $0.63 dividend. This represents a yield of 3.9%. The ex-dividend date of this dividend is Wednesday, August 14th. H World Group’s dividend payout ratio (DPR) is presently 37.27%.

Institutional Trading of H World Group

Several large investors have recently bought and sold shares of HTHT. Capital International Investors boosted its stake in H World Group by 192.4% in the first quarter. Capital International Investors now owns 5,689,620 shares of the company’s stock valued at $220,188,000 after buying an additional 3,744,106 shares in the last quarter. Norges Bank acquired a new stake in H World Group in the fourth quarter valued at about $46,460,000. Schroder Investment Management Group boosted its stake in H World Group by 6.8% in the fourth quarter. Schroder Investment Management Group now owns 16,389,954 shares of the company’s stock valued at $548,080,000 after buying an additional 1,039,888 shares in the last quarter. Canada Pension Plan Investment Board boosted its stake in H World Group by 80.5% in the first quarter. Canada Pension Plan Investment Board now owns 1,500,432 shares of the company’s stock valued at $58,067,000 after buying an additional 669,200 shares in the last quarter. Finally, Capital International Inc. CA boosted its stake in H World Group by 57.7% in the first quarter. Capital International Inc. CA now owns 1,803,048 shares of the company’s stock valued at $69,778,000 after buying an additional 659,914 shares in the last quarter. 46.41% of the stock is owned by institutional investors and hedge funds.

H World Group Company Profile

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.