Indus Capital Partners LLC Boosts Position in H World Group Limited Sponsored ADR $HTHT

Indus Capital Partners LLC boosted its stake in H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 44.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 551,824 shares of the company’s stock after purchasing an additional 168,624 shares during the quarter. H World Group comprises approximately 23.4% of Indus Capital Partners LLC’s portfolio, making the stock its 2nd biggest holding. Indus Capital Partners LLC owned approximately 0.18% of H World Group worth $18,718,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Schroder Investment Management Group raised its position in H World Group by 95.0% during the second quarter. Schroder Investment Management Group now owns 12,487,444 shares of the company’s stock valued at $423,574,000 after purchasing an additional 6,082,369 shares in the last quarter. Temasek Holdings Private Ltd boosted its holdings in shares of H World Group by 66.5% in the 1st quarter. Temasek Holdings Private Ltd now owns 6,856,300 shares of the company’s stock worth $253,752,000 after purchasing an additional 2,738,772 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp increased its position in shares of H World Group by 42.8% during the 2nd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 5,606,258 shares of the company’s stock valued at $190,164,000 after purchasing an additional 1,679,440 shares during the last quarter. Generation Investment Management LLP raised its holdings in shares of H World Group by 8.2% during the 1st quarter. Generation Investment Management LLP now owns 5,213,875 shares of the company’s stock valued at $192,966,000 after buying an additional 395,042 shares in the last quarter. Finally, WFM ASIA BVI Ltd lifted its position in H World Group by 65.8% in the 2nd quarter. WFM ASIA BVI Ltd now owns 3,035,416 shares of the company’s stock worth $102,961,000 after buying an additional 1,204,300 shares during the last quarter. 46.41% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have commented on HTHT. Hsbc Global Res upgraded shares of H World Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 27th. Zacks Research raised shares of H World Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 7th. HSBC raised H World Group from a “hold” rating to a “buy” rating in a research note on Monday, October 27th. Weiss Ratings reissued a “hold (c+)” rating on shares of H World Group in a research note on Monday. Finally, Benchmark raised their price target 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. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat, H World Group has an average rating of “Buy” and a consensus target price of $42.13.

H World Group Stock Down 0.2%

NASDAQ HTHT opened at $47.20 on Friday. H World Group Limited Sponsored ADR has a 1 year low of $30.13 and a 1 year high of $47.76. The stock has a market capitalization of $14.53 billion, a PE ratio of 27.13, a PEG ratio of 1.33 and a beta of 0.12. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.85 and a quick ratio of 0.84. The business’s 50-day moving average is $41.26 and its 200 day moving average is $37.02.

H World Group 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.