H World Group Limited (NASDAQ:HTHT) Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. trimmed its holdings in H World Group Limited (NASDAQ:HTHTFree Report) by 6.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 263,862 shares of the company’s stock after selling 18,837 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.08% of H World Group worth $8,824,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Prudential PLC boosted its stake in H World Group by 2.5% during the third quarter. Prudential PLC now owns 31,608 shares of the company’s stock worth $1,246,000 after buying an additional 772 shares during the last quarter. Blue Trust Inc. boosted its position in shares of H World Group by 48.6% during the 4th quarter. Blue Trust Inc. now owns 3,386 shares of the company’s stock valued at $113,000 after acquiring an additional 1,108 shares during the last quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH grew its holdings in shares of H World Group by 9.4% in the fourth quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH now owns 27,900 shares of the company’s stock valued at $933,000 after purchasing an additional 2,400 shares during the period. DNB Asset Management AS increased its position in H World Group by 24.6% during the fourth quarter. DNB Asset Management AS now owns 12,689 shares of the company’s stock worth $424,000 after purchasing an additional 2,502 shares during the last quarter. Finally, Public Sector Pension Investment Board increased its position in H World Group by 6.9% during the third quarter. Public Sector Pension Investment Board now owns 71,753 shares of the company’s stock worth $2,829,000 after purchasing an additional 4,600 shares during the last quarter. 46.41% of the stock is currently owned by hedge funds and other institutional investors.

H World Group Stock Performance

Shares of HTHT stock opened at $37.23 on Friday. The firm has a 50 day moving average of $39.01 and a two-hundred day moving average of $36.24. The stock has a market capitalization of $12.16 billion, a PE ratio of 23.12, a P/E/G ratio of 1.23 and a beta of 0.93. The company has a quick ratio of 0.69, a current ratio of 0.70 and a debt-to-equity ratio of 0.34. H World Group Limited has a 52 week low of $30.20 and a 52 week high of $48.84.

H World Group (NASDAQ:HTHTGet Free Report) last released its earnings results on Wednesday, March 20th. The company reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.02. H World Group had a return on equity of 28.59% and a net margin of 16.47%. The firm had revenue of $786.00 million during the quarter, compared to analyst estimates of $759.99 million. On average, research analysts predict that H World Group Limited will post 1.98 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on HTHT shares. CLSA began coverage on shares of H World Group in a research note on Friday, April 26th. They issued a “buy” rating and a $47.00 price target for the company. Macquarie assumed coverage on H World Group in a research report on Friday, April 19th. They issued an “outperform” rating and a $48.00 target price on the stock. Benchmark reaffirmed a “buy” rating and issued a $64.00 price target on shares of H World Group in a research note on Friday, March 22nd. JPMorgan Chase & Co. raised their price objective on H World Group from $45.00 to $48.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 21st. Finally, Bank of America reduced their price objective on shares of H World Group from $51.00 to $43.00 and set a “buy” rating on the stock in a report on Wednesday, March 13th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, H World Group has an average rating of “Moderate Buy” and a consensus target price of $50.00.

Check Out Our Latest Research Report on H World Group

H World Group Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for H World Group (NASDAQ:HTHT)

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