American Century Companies Inc. Has $9.85 Million Position in H World Group Limited Sponsored ADR $HTHT

American Century Companies Inc. lifted its stake in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 35.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 290,232 shares of the company’s stock after purchasing an additional 76,081 shares during the quarter. American Century Companies Inc. owned 0.09% of H World Group worth $9,845,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. USA Financial Formulas acquired a new stake in H World Group in the second quarter valued at approximately $28,000. Brooklyn Investment Group bought a new position in shares of H World Group in the 1st quarter valued at $40,000. Hantz Financial Services Inc. boosted its holdings in shares of H World Group by 575.7% during the 2nd quarter. Hantz Financial Services Inc. now owns 1,446 shares of the company’s stock valued at $49,000 after acquiring an additional 1,232 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in shares of H World Group during the 1st quarter valued at $51,000. Finally, PNC Financial Services Group Inc. grew its position in H World Group by 82.2% during the 2nd quarter. PNC Financial Services Group Inc. now owns 2,146 shares of the company’s stock worth $73,000 after acquiring an additional 968 shares during the last quarter. Institutional investors own 46.41% of the company’s stock.

H World Group Price Performance

Shares of HTHT opened at $47.20 on Friday. The firm has a market cap of $14.53 billion, a PE ratio of 27.13, a price-to-earnings-growth ratio of 1.33 and a beta of 0.12. H World Group Limited Sponsored ADR has a 52-week low of $30.13 and a 52-week high of $47.76. 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 business’s 50 day moving average price is $41.26 and its two-hundred day moving average price is $37.02.

Analysts Set New Price Targets

Several research firms have commented on HTHT. Hsbc Global Res upgraded H World Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 27th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of H World Group in a research note on Monday. Benchmark lifted their target price on shares of H World Group from $48.00 to $52.00 and gave the stock a “buy” rating in a research report on Tuesday, November 18th. HSBC upgraded shares of H World Group from a “hold” rating to a “buy” rating in a research report on Monday, October 27th. Finally, Wall Street Zen lowered shares of H World Group from a “buy” rating to a “hold” rating in a report on Saturday, November 22nd. Two research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Buy” and an average target price of $42.13.

H World Group Company 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.