H World Group Limited Sponsored ADR $HTHT Shares Sold by Swiss National Bank

Swiss National Bank lessened its stake in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 1.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 461,609 shares of the company’s stock after selling 8,900 shares during the period. Swiss National Bank owned approximately 0.15% of H World Group worth $15,658,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Envestnet Asset Management Inc. raised its stake in H World Group by 51.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 14,316 shares of the company’s stock worth $530,000 after acquiring an additional 4,870 shares during the last quarter. Skandinaviska Enskilda Banken AB publ increased its holdings in shares of H World Group by 2.1% in the first quarter. Skandinaviska Enskilda Banken AB publ now owns 39,500 shares of the company’s stock valued at $1,462,000 after purchasing an additional 800 shares during the period. Fiera Capital Corp raised its stake in shares of H World Group by 20.3% in the first quarter. Fiera Capital Corp now owns 115,497 shares of the company’s stock worth $4,275,000 after purchasing an additional 19,471 shares during the last quarter. XTX Topco Ltd lifted its holdings in shares of H World Group by 14.0% during the first quarter. XTX Topco Ltd now owns 34,613 shares of the company’s stock worth $1,281,000 after purchasing an additional 4,244 shares during the period. Finally, US Bancorp DE boosted its position in H World Group by 36.4% in the first quarter. US Bancorp DE now owns 6,600 shares of the company’s stock valued at $244,000 after buying an additional 1,761 shares during the last quarter. Hedge funds and other institutional investors own 46.41% of the company’s stock.

H World Group Price Performance

H World Group stock opened at $46.56 on Thursday. The stock has a market capitalization of $14.34 billion, a P/E ratio of 28.05, a P/E/G ratio of 1.83 and a beta of 0.33. The company’s fifty day moving average price is $40.30 and its 200 day moving average price is $36.64. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.81 and a current ratio of 0.81. H World Group Limited Sponsored ADR has a 1 year low of $30.13 and a 1 year high of $46.77.

Wall Street Analysts Forecast Growth

HTHT has been the subject of a number of recent research reports. Hsbc Global Res raised shares of H World Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 27th. Wall Street Zen cut H World Group from a “buy” rating to a “hold” rating in a report on Saturday, November 22nd. HSBC upgraded H World Group from a “hold” rating to a “buy” rating in a research note on Monday, October 27th. Weiss Ratings cut H World Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday. Finally, Zacks Research raised H World Group from a “hold” rating to a “strong-buy” rating in a report on Friday, November 7th. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $42.13.

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.