H World Group (NASDAQ:HTHT) Shares Gap Down – Here’s What Happened

H World Group Limited (NASDAQ:HTHT)’s share price gapped down before the market opened on Thursday . The stock had previously closed at $36.67, but opened at $35.63. H World Group shares last traded at $35.69, with a volume of 136,735 shares trading hands.

Analyst Upgrades and Downgrades

HTHT has been the subject of a number of recent research reports. HSBC downgraded shares of H World Group from a “buy” rating to a “hold” rating and set a $32.40 price target for the company. in a research note on Wednesday, February 5th. Hsbc Global Res lowered H World Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 4th. Finally, Benchmark reduced their target price on H World Group from $53.00 to $48.00 and set a “buy” rating on the stock in a report on Wednesday, November 27th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $44.40.

H World Group Price Performance

The company has a market cap of $11.27 billion, a price-to-earnings ratio of 21.92, a PEG ratio of 1.28 and a beta of 0.70. The company’s fifty day moving average price is $33.80 and its two-hundred day moving average price is $34.27. The company has a quick ratio of 0.87, a current ratio of 0.88 and a debt-to-equity ratio of 0.60.

Institutional Investors Weigh In On H World Group

A number of large investors have recently added to or reduced their stakes in the business. Daiwa Securities Group Inc. acquired a new stake in H World Group during the fourth quarter worth approximately $33,000. US Bancorp DE boosted its stake in H World Group by 21.2% in the 4th quarter. US Bancorp DE now owns 4,839 shares of the company’s stock valued at $160,000 after purchasing an additional 845 shares during the period. Blue Trust Inc. grew its holdings in H World Group by 13.5% in the 4th quarter. Blue Trust Inc. now owns 5,467 shares of the company’s stock valued at $181,000 after buying an additional 650 shares in the last quarter. iA Global Asset Management Inc. bought a new position in H World Group during the 4th quarter worth $196,000. Finally, Mariner LLC boosted its position in shares of H World Group by 33.8% in the fourth quarter. Mariner LLC now owns 8,120 shares of the company’s stock valued at $268,000 after acquiring an additional 2,050 shares during the period. Institutional investors own 46.41% of the company’s stock.

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.