H World Group (NASDAQ:HTHT) Shares Gap Down – Time to Sell?

H World Group Limited (NASDAQ:HTHT) shares gapped down prior to trading on Wednesday . The stock had previously closed at $32.08, but opened at $30.84. H World Group shares last traded at $30.87, with a volume of 153,398 shares traded.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on HTHT. HSBC cut H World Group from a “buy” rating to a “hold” rating and set a $32.40 target price for the company. in a research note on Wednesday. Hsbc Global Res cut shares of H World Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. Finally, Benchmark dropped their price target on shares of H World Group from $53.00 to $48.00 and set a “buy” rating on the stock in a research report on Wednesday, November 27th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $44.40.

H World Group Stock Up 6.5 %

The stock has a market capitalization of $10.51 billion, a P/E ratio of 20.03, a PEG ratio of 1.11 and a beta of 0.70. 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 firm has a 50 day simple moving average of $32.58 and a two-hundred day simple moving average of $33.11.

H World Group (NASDAQ:HTHT) last posted its earnings results on Tuesday, November 26th. The company reported $0.58 earnings per share for the quarter, missing analysts’ consensus estimates 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 in the prior year, the firm posted $0.56 EPS. On average, equities research analysts expect that H World Group Limited will post 1.65 earnings per share for the current year.

Institutional Investors Weigh In On H World Group

A number of institutional investors have recently modified their holdings of HTHT. US Bancorp DE grew its stake in shares of 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 buying an additional 845 shares during the period. Blue Trust Inc. increased its holdings in H World Group by 293.2% during the 3rd quarter. Blue Trust Inc. now owns 4,817 shares of the company’s stock worth $179,000 after purchasing an additional 3,592 shares in the last quarter. Greenleaf Trust purchased a new stake in shares of H World Group in the third quarter worth approximately $210,000. Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in H World Group by 11.9% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 8,778 shares of the company’s stock worth $290,000 after buying an additional 936 shares in the last quarter. Finally, Point72 Hong Kong Ltd bought a new stake in H World Group in the third quarter worth about $418,000. 46.41% of the stock is owned by institutional investors.

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.