Rakuten Investment Management Inc. Buys New Shares in H World Group Limited Sponsored ADR $HTHT

Rakuten Investment Management Inc. bought a new position in H World Group Limited Sponsored ADR (NASDAQ:HTHT) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 35,885 shares of the company’s stock, valued at approximately $1,403,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. USA Financial Formulas purchased a new stake in shares of H World Group during the second quarter worth about $28,000. Hantz Financial Services Inc. boosted its stake in H World Group by 575.7% in the 2nd quarter. Hantz Financial Services Inc. now owns 1,446 shares of the company’s stock worth $49,000 after purchasing an additional 1,232 shares during the period. EverSource Wealth Advisors LLC grew its holdings in H World Group by 81.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,450 shares of the company’s stock valued at $49,000 after buying an additional 649 shares in the last quarter. PNC Financial Services Group Inc. raised its position in shares of H World Group by 82.2% during the second quarter. PNC Financial Services Group Inc. now owns 2,146 shares of the company’s stock valued at $73,000 after buying an additional 968 shares during the last quarter. Finally, Osaic Holdings Inc. lifted its holdings in shares of H World Group by 889.5% in the second quarter. Osaic Holdings Inc. now owns 2,266 shares of the company’s stock worth $77,000 after buying an additional 2,037 shares in the last quarter. 46.41% of the stock is owned by institutional investors.

H World Group Price Performance

Shares of H World Group stock opened at $50.28 on Friday. The stock has a 50 day moving average price of $47.86 and a 200-day moving average price of $40.51. H World Group Limited Sponsored ADR has a one year low of $30.20 and a one year high of $51.46. The stock has a market cap of $15.48 billion, a price-to-earnings ratio of 28.90, a price-to-earnings-growth ratio of 1.17 and a beta of 0.14. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.84 and a current ratio of 0.85.

Analyst Ratings Changes

Several research firms recently weighed in on HTHT. Zacks Research cut shares of H World Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 5th. Wall Street Zen cut H World Group from a “buy” rating to a “hold” rating in a report on Tuesday, January 6th. Benchmark boosted their target price on H World Group from $48.00 to $52.00 and gave the stock a “buy” rating in a research report on Tuesday, November 18th. Hsbc Global Res upgraded H World Group from a “hold” rating to a “strong-buy” rating in a report on Monday, October 27th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of H World Group in a report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $42.13.

H World Group Company Profile

H World Group, formerly known as Huazhu Group, is a leading hotel management and franchising company primarily serving the China market. The company operates a broad portfolio of midscale to luxury hotel brands, including Hi Inn, Blossom, Manxin, Madison International, Joya, Grand Mercure, Novotel, Mercure and ibis. Through a network of both directly managed and franchised properties, H World Group caters to business and leisure travelers by offering consistent service standards and loyalty benefits across its brands.

In addition to its core hotel operations, H World Group provides technology-driven hospitality solutions such as centralized reservation systems, revenue management platforms and customer relationship management tools.