H World Group Limited Sponsored ADR (NASDAQ:HTHT) Shares Purchased by US Bancorp DE

US Bancorp DE increased its holdings in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 36.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,600 shares of the company’s stock after acquiring an additional 1,761 shares during the quarter. US Bancorp DE’s holdings in H World Group were worth $244,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of HTHT. Mirae Asset Global Investments Co. Ltd. raised its stake in H World Group by 4,554.2% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 11,684,748 shares of the company’s stock worth $432,453,000 after acquiring an additional 11,433,692 shares during the period. Capital Research Global Investors acquired a new stake in shares of H World Group in the fourth quarter valued at approximately $307,715,000. Temasek Holdings Private Ltd increased its stake in shares of H World Group by 87.2% in the fourth quarter. Temasek Holdings Private Ltd now owns 4,117,528 shares of the company’s stock valued at $136,002,000 after purchasing an additional 1,917,528 shares during the period. Nuveen Asset Management LLC increased its stake in shares of H World Group by 625.5% in the fourth quarter. Nuveen Asset Management LLC now owns 2,136,770 shares of the company’s stock valued at $70,578,000 after purchasing an additional 1,842,244 shares during the period. Finally, Capital International Investors increased its stake in shares of H World Group by 18.4% in the fourth quarter. Capital International Investors now owns 9,334,577 shares of the company’s stock valued at $308,321,000 after purchasing an additional 1,452,364 shares during the period. Institutional investors and hedge funds own 46.41% of the company’s stock.

H World Group Price Performance

Shares of NASDAQ:HTHT opened at $33.22 on Friday. The firm’s 50 day moving average is $33.26 and its two-hundred day moving average is $34.68. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.69. The firm has a market capitalization of $10.20 billion, a P/E ratio of 23.07, a PEG ratio of 1.59 and a beta of 0.47. H World Group Limited Sponsored ADR has a 52 week low of $27.52 and a 52 week high of $42.98.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. dropped their price target on shares of H World Group from $43.00 to $42.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 21st. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, H World Group has an average rating of “Moderate Buy” and a consensus target price of $40.80.

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.