Arrowstreet Capital Limited Partnership Has $30.22 Million Stock Position in H World Group Limited Sponsored ADR $HTHT

Arrowstreet Capital Limited Partnership lessened its holdings in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 25.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 891,043 shares of the company’s stock after selling 311,260 shares during the period. Arrowstreet Capital Limited Partnership owned approximately 0.29% of H World Group worth $30,224,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. US Bancorp DE grew its position in H World Group by 36.4% in the first quarter. US Bancorp DE now owns 6,600 shares of the company’s stock valued at $244,000 after purchasing an additional 1,761 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in shares of H World Group by 30.8% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 213,968 shares of the company’s stock worth $7,919,000 after buying an additional 50,417 shares during the last quarter. Swiss National Bank boosted its stake in H World Group by 2.0% in the 1st quarter. Swiss National Bank now owns 470,509 shares of the company’s stock valued at $17,414,000 after purchasing an additional 9,400 shares during the period. Nuveen LLC acquired a new position in shares of H World Group during the 1st quarter worth approximately $60,903,000. Finally, AIA Group Ltd increased its stake in H World Group by 4.7% during the 1st quarter. AIA Group Ltd now owns 308,636 shares of the company’s stock worth $11,423,000 after acquiring an additional 13,953 shares during the period. 46.41% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. Zacks Research upgraded H World Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 7th. Weiss Ratings reiterated a “hold (c+)” rating on shares of H World Group in a research report on Monday, December 1st. HSBC upgraded H World Group from a “hold” rating to a “buy” rating in a research report on Monday, October 27th. Benchmark upped their price target on shares of H World Group from $48.00 to $52.00 and gave the company a “buy” rating in a research report on Tuesday, November 18th. Finally, 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. Two equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $42.13.

H World Group Trading Up 1.5%

NASDAQ HTHT opened at $47.90 on Friday. H World Group Limited Sponsored ADR has a 12 month low of $30.13 and a 12 month high of $47.97. The firm has a market capitalization of $14.75 billion, a P/E ratio of 27.53, a PEG ratio of 1.37 and a beta of 0.12. The business has a fifty day simple moving average of $41.43 and a 200 day simple moving average of $37.10. The company has a current ratio of 0.85, a quick ratio of 0.84 and a debt-to-equity ratio of 0.32.

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.