H World Group Limited (NASDAQ:HTHT) Shares Sold by Swiss National Bank

Swiss National Bank cut its stake in shares of H World Group Limited (NASDAQ:HTHT) by 4.8% in the 4th quarter, Holdings Channel reports. The institutional investor owned 454,341 shares of the company’s stock after selling 22,700 shares during the quarter. Swiss National Bank’s holdings in H World Group were worth $15,193,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in HTHT. Nordea Investment Management AB grew its stake in H World Group by 344.7% during the fourth quarter. Nordea Investment Management AB now owns 367,343 shares of the company’s stock worth $12,324,000 after buying an additional 284,742 shares during the period. American Century Companies Inc. boosted its position in H World Group by 6.0% during the 3rd quarter. American Century Companies Inc. now owns 2,057,059 shares of the company’s stock worth $81,110,000 after purchasing an additional 116,641 shares during the period. Trexquant Investment LP raised its position in H World Group by 10.6% in the third quarter. Trexquant Investment LP now owns 178,932 shares of the company’s stock valued at $7,055,000 after purchasing an additional 17,153 shares during the period. AIA Group Ltd lifted its stake in shares of H World Group by 5.8% during the fourth quarter. AIA Group Ltd now owns 285,062 shares of the company’s stock worth $9,532,000 after purchasing an additional 15,502 shares in the last quarter. Finally, Vanguard Group Inc. boosted its position in shares of H World Group by 0.7% in the third quarter. Vanguard Group Inc. now owns 8,404,958 shares of the company’s stock worth $331,407,000 after buying an additional 58,687 shares during the period. 46.41% of the stock is owned by hedge funds and other institutional investors.

H World Group Trading Down 0.1 %

Shares of NASDAQ HTHT opened at $39.86 on Friday. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $13.02 billion, a P/E ratio of 22.65, a PEG ratio of 1.36 and a beta of 0.93. H World Group Limited has a 52-week low of $30.20 and a 52-week high of $48.84. The stock’s 50 day moving average price is $38.45 and its two-hundred day moving average price is $35.98.

H World Group (NASDAQ:HTHT) last issued its earnings results on Wednesday, March 20th. The company reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.02. H World Group had a net margin of 18.62% and a return on equity of 31.50%. The company had revenue of $786.00 million for the quarter, compared to analysts’ expectations of $759.99 million. On average, analysts anticipate that H World Group Limited will post 1.94 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently commented on the company. Bank of America reduced their price target on H World Group from $51.00 to $43.00 and set a “buy” rating on the stock in a research report on Wednesday, March 13th. Benchmark reaffirmed a “buy” rating and set a $64.00 price target on shares of H World Group in a research note on Friday, March 22nd. Macquarie initiated coverage on shares of H World Group in a research report on Friday, April 19th. They issued an “outperform” rating and a $48.00 price objective for the company. CLSA assumed coverage on H World Group in a research report on Friday, April 26th. They set a “buy” rating and a $47.00 target price on the stock. Finally, JPMorgan Chase & Co. increased their price target on H World Group from $40.00 to $45.00 and gave the company an “overweight” rating in a report on Friday, March 22nd. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $49.40.

About H World Group

H World Group Limited, together with its subsidiaries, develops leased and owned, manachised, and franchised hotels primarily 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.