Creative Planning Increases Position in H World Group Limited Sponsored ADR $HTHT

Creative Planning grew its holdings in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 31.9% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 53,640 shares of the company’s stock after purchasing an additional 12,959 shares during the period. Creative Planning’s holdings in H World Group were worth $1,819,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Temasek Holdings Private Ltd increased its position in H World Group by 66.5% during the 1st quarter. Temasek Holdings Private Ltd now owns 6,856,300 shares of the company’s stock valued at $253,752,000 after buying an additional 2,738,772 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp grew its stake in shares of H World Group by 42.8% in the second quarter. Mitsubishi UFJ Trust & Banking Corp now owns 5,606,258 shares of the company’s stock worth $190,164,000 after acquiring an additional 1,679,440 shares during the last quarter. Generation Investment Management LLP increased its holdings in shares of H World Group by 8.2% during the first quarter. Generation Investment Management LLP now owns 5,213,875 shares of the company’s stock valued at $192,966,000 after acquiring an additional 395,042 shares in the last quarter. Keystone Investors PTE Ltd. raised its position in shares of H World Group by 1,280.0% in the 1st quarter. Keystone Investors PTE Ltd. now owns 1,901,589 shares of the company’s stock worth $70,378,000 after purchasing an additional 1,763,789 shares during the last quarter. Finally, Nuveen LLC purchased a new position in shares of H World Group in the 1st quarter worth about $60,903,000. 46.41% of the stock is owned by institutional investors.

H World Group Stock Up 0.8%

Shares of H World Group stock opened at $46.56 on Thursday. H World Group Limited Sponsored ADR has a twelve month low of $30.13 and a twelve month high of $46.77. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.32. The company’s 50 day moving average is $40.30 and its 200 day moving average is $36.64. The company has a market cap of $14.34 billion, a price-to-earnings ratio of 28.05, a price-to-earnings-growth ratio of 1.83 and a beta of 0.33.

Analysts Set New Price Targets

A number of research firms have weighed in on HTHT. Benchmark raised 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 note on Tuesday, November 18th. Hsbc Global Res raised shares of H World Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 27th. Zacks Research upgraded shares of H World Group from a “hold” rating to a “strong-buy” rating in a report on Friday, November 7th. Wall Street Zen cut H World Group from a “buy” rating to a “hold” rating in a research report on Saturday, November 22nd. Finally, Weiss Ratings lowered H World Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday. Two research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, H World Group presently has a consensus rating of “Buy” and an average price target of $42.13.

About H World Group

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.