H World Group (NASDAQ:HTHT) Shares Gap Up – Time to 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.

Wall Street Analyst Weigh In

HTHT has been the topic of several recent research reports. HSBC lowered shares of H World Group from a “buy” rating to a “hold” rating and set a $32.40 price target on the stock. in a research report on Wednesday, February 5th. Hsbc Global Res downgraded H World Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 4th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $44.68.

H World Group Price Performance

The company has a market cap of $11.66 billion, a PE ratio of 22.57, a price-to-earnings-growth ratio of 1.28 and a beta of 0.70. The stock has a fifty day moving average price of $35.37 and a 200-day moving average price of $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.

H World Group Increases Dividend

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

Institutional Investors Weigh In On H World Group

Institutional investors have recently made changes to their positions in the company. Daiwa Securities Group Inc. bought a new position in H World Group during the fourth quarter valued at approximately $33,000. US Bancorp DE raised its holdings in shares of H World Group by 21.2% during 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 in the last quarter. Blue Trust Inc. boosted its holdings 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 in the last quarter. iA Global Asset Management Inc. bought a new position in H World Group during the fourth quarter valued at about $196,000. Finally, Mariner LLC raised its holdings in H World Group by 33.8% during the fourth quarter. Mariner LLC now owns 8,120 shares of the company’s stock valued at $268,000 after buying an additional 2,050 shares in the last quarter. 46.41% of the stock is currently owned by institutional investors and hedge funds.

About H World Group

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.