OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC Cuts Stake in H World Group Limited Sponsored ADR $HTHT

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC cut its stake in H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 50.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 16,167 shares of the company’s stock after selling 16,789 shares during the period. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in H World Group were worth $761,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of HTHT. TD Private Client Wealth LLC purchased a new position in H World Group during the fourth quarter worth approximately $45,000. EverSource Wealth Advisors LLC grew its stake in shares of 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 during the period. Caitong International Asset Management Co. Ltd purchased a new stake in shares of H World Group during the 3rd quarter valued at $66,000. Osaic Holdings Inc. increased its holdings in shares of H World Group by 889.5% during the 2nd quarter. Osaic Holdings Inc. now owns 2,266 shares of the company’s stock worth $77,000 after buying an additional 2,037 shares during the last quarter. Finally, iA Global Asset Management Inc. increased its holdings in shares of H World Group by 20.1% during the 4th quarter. iA Global Asset Management Inc. now owns 1,653 shares of the company’s stock worth $78,000 after buying an additional 277 shares during the last quarter. 46.41% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on HTHT. Benchmark lifted their target price on H World Group from $52.00 to $60.00 and gave the company a “buy” rating in a report on Thursday, March 19th. UBS Group upgraded H World Group from a “neutral” rating to a “buy” rating and set a $62.40 price target for the company in a research note on Monday, March 9th. Zacks Research downgraded H World Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 4th. Weiss Ratings lowered H World Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, May 18th. Finally, Wall Street Zen cut H World Group from a “buy” rating to a “hold” rating in a report on Monday, June 8th. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $61.20.

H World Group Stock Performance

NASDAQ:HTHT opened at $42.51 on Friday. The business’s 50-day moving average is $47.74 and its two-hundred day moving average is $49.38. The firm has a market capitalization of $13.07 billion, a PE ratio of 19.06, a price-to-earnings-growth ratio of 1.17 and a beta of 0.11. H World Group Limited Sponsored ADR has a 12 month low of $30.41 and a 12 month high of $56.63. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.93 and a quick ratio of 0.93.

H World Group (NASDAQ:HTHT) last issued its earnings results on Saturday, February 14th. The company reported $0.06 earnings per share for the quarter. H World Group had a return on equity of 39.73% and a net margin of 19.22%.The company had revenue of $932.62 million during the quarter. Research analysts predict that H World Group Limited Sponsored ADR will post 2.47 earnings per share for the current fiscal year.

H World Group 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.