WFM ASIA BVI Ltd Has $41.31 Million Position in H World Group Limited Sponsored ADR $HTHT

WFM ASIA BVI Ltd lowered its holdings in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 65.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,056,294 shares of the company’s stock after selling 1,979,122 shares during the period. H World Group makes up 4.6% of WFM ASIA BVI Ltd’s investment portfolio, making the stock its 6th largest holding. WFM ASIA BVI Ltd owned about 0.34% of H World Group worth $41,312,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Headwater Capital Co Ltd purchased a new position in H World Group in the third quarter worth about $9,778,000. Generation Investment Management LLP raised its holdings in H World Group by 0.3% in the 3rd quarter. Generation Investment Management LLP now owns 1,492,241 shares of the company’s stock worth $58,362,000 after acquiring an additional 4,428 shares during the last quarter. Lansforsakringar Fondforvaltning AB publ lifted its position in H World Group by 8.3% in the 3rd quarter. Lansforsakringar Fondforvaltning AB publ now owns 39,000 shares of the company’s stock valued at $1,525,000 after acquiring an additional 3,000 shares in the last quarter. Greenwoods Asset Management Hong Kong Ltd. boosted its stake in H World Group by 103.6% during the 3rd quarter. Greenwoods Asset Management Hong Kong Ltd. now owns 360,000 shares of the company’s stock valued at $14,080,000 after purchasing an additional 183,200 shares during the last quarter. Finally, State of New Jersey Common Pension Fund D boosted its stake in H World Group by 10.3% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 281,104 shares of the company’s stock valued at $10,994,000 after purchasing an additional 26,301 shares during the last quarter. Hedge funds and other institutional investors own 46.41% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. Zacks Research cut H World Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 5th. Weiss Ratings restated a “buy (b-)” rating on shares of H World Group in a research note on Monday, December 29th. Wall Street Zen lowered shares of H World Group from a “buy” rating to a “hold” rating in a research note on Saturday, February 14th. Finally, Benchmark increased their price objective on shares of H World Group from $48.00 to $52.00 and gave the company a “buy” rating in a research report on Tuesday, November 18th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $47.00.

H World Group Price Performance

NASDAQ HTHT opened at $56.06 on Friday. The business’s fifty day moving average is $50.32 and its 200 day moving average is $43.70. H World Group Limited Sponsored ADR has a fifty-two week low of $30.20 and a fifty-two week high of $56.64. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.84 and a current ratio of 0.85. The company has a market capitalization of $17.26 billion, a PE ratio of 32.22, a price-to-earnings-growth ratio of 1.27 and a beta of 0.16.

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.