H World Group (NASDAQ:HTHT) Shares Gap Up – Still a Buy?

H World Group Limited (NASDAQ:HTHT) gapped up prior to trading on Tuesday . The stock had previously closed at $37.01, but opened at $38.10. H World Group shares last traded at $37.16, with a volume of 175,956 shares traded.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. HSBC downgraded H World Group from a “buy” rating to a “hold” rating and set a $32.40 target price on the stock. in a report on Wednesday, February 5th. Hsbc Global Res downgraded shares of H World Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 4th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $44.68.

H World Group Stock Up 0.5 %

The stock’s fifty day simple moving average is $35.37 and its two-hundred day simple moving average is $35.02. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.88 and a quick ratio of 0.87. The company has a market capitalization of $11.66 billion, a price-to-earnings ratio of 22.57, a PEG ratio of 1.28 and a beta of 0.70.

H World Group Increases Dividend

The firm also recently disclosed a — dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 9th will be paid a dividend of $0.95 per share. This is a positive change from H World Group’s previous — dividend of $0.34. The ex-dividend date is Wednesday, April 9th. This represents a yield of 4.1%. H World Group’s dividend payout ratio is 141.79%.

Hedge Funds Weigh In On H World Group

Institutional investors have recently modified their holdings of the company. Headwater Capital Co Ltd bought a new position in H World Group in the 4th quarter valued at about $9,909,000. Waverton Investment Management Ltd bought a new position in shares of H World Group in the fourth quarter valued at approximately $6,076,000. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of H World Group by 109.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 251,056 shares of the company’s stock valued at $8,292,000 after acquiring an additional 131,189 shares during the period. Nordea Investment Management AB lifted its position in H World Group by 11.2% in the fourth quarter. Nordea Investment Management AB now owns 508,422 shares of the company’s stock worth $16,961,000 after purchasing an additional 51,213 shares during the period. Finally, Blue Trust Inc. lifted its position in H World Group by 13.5% in the fourth quarter. Blue Trust Inc. now owns 5,467 shares of the company’s stock worth $181,000 after purchasing an additional 650 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.