H World Group (NASDAQ:HTHT) Lowered to “Hold” Rating by HSBC

H World Group (NASDAQ:HTHT) was downgraded by stock analysts at HSBC from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday,Finviz reports. They presently have a $32.40 price objective on the stock. HSBC’s price objective would suggest a potential upside of 1.00% from the company’s previous close.

Separately, Benchmark reduced their price objective on H World Group from $53.00 to $48.00 and set a “buy” rating for the company in a report on Wednesday, November 27th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, H World Group currently has an average rating of “Moderate Buy” and an average target price of $44.40.

H World Group Stock Performance

NASDAQ:HTHT opened at $32.08 on Wednesday. The firm’s fifty day simple moving average is $32.61 and its 200-day simple moving average is $33.14. 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 stock has a market cap of $10.05 billion, a PE ratio of 19.44, a price-to-earnings-growth ratio of 1.11 and a beta of 0.70. H World Group has a fifty-two week low of $27.03 and a fifty-two week high of $42.98.

H World Group (NASDAQ:HTHT) last issued its earnings results on Tuesday, November 26th. The company reported $0.58 earnings per share for the quarter, missing the consensus estimate of $0.67 by ($0.09). H World Group had a return on equity of 30.41% and a net margin of 15.97%. During the same quarter last year, the business earned $0.56 EPS. Analysts expect that H World Group will post 1.65 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Central Asset Investments & Management Holdings HK Ltd acquired a new stake in shares of H World Group during the 4th quarter worth about $1,597,000. Bank of New York Mellon Corp lifted its stake in shares of H World Group by 3.3% during the fourth quarter. Bank of New York Mellon Corp now owns 203,418 shares of the company’s stock valued at $6,719,000 after buying an additional 6,477 shares during the period. Waverton Investment Management Ltd acquired a new stake in H World Group during the fourth quarter worth approximately $6,076,000. Handelsbanken Fonder AB grew its stake in H World Group by 3.8% in the 4th quarter. Handelsbanken Fonder AB now owns 69,576 shares of the company’s stock worth $2,298,000 after acquiring an additional 2,572 shares during the period. Finally, Rhumbline Advisers grew its stake in H World Group by 2.3% in the 4th quarter. Rhumbline Advisers now owns 34,688 shares of the company’s stock worth $1,146,000 after acquiring an additional 791 shares during the period. Institutional investors and hedge funds 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.