Capital International Inc. CA Sells 242,230 Shares of H World Group Limited Sponsored ADR $HTHT

Capital International Inc. CA trimmed its position in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 59.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 165,735 shares of the company’s stock after selling 242,230 shares during the period. Capital International Inc. CA owned approximately 0.05% of H World Group worth $6,482,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in HTHT. AQR Capital Management LLC increased its position in shares of H World Group by 11.2% during the first quarter. AQR Capital Management LLC now owns 9,319 shares of the company’s stock valued at $338,000 after purchasing an additional 936 shares during the period. Aviva PLC raised its stake in shares of H World Group by 3.9% in the second quarter. Aviva PLC now owns 146,728 shares of the company’s stock valued at $4,977,000 after purchasing an additional 5,445 shares in the last quarter. Greenwoods Asset Management Hong Kong Ltd. bought a new position in H World Group in the second quarter worth $5,997,000. Mitsubishi UFJ Trust & Banking Corp lifted its position in 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 purchasing an additional 1,679,440 shares during the period. Finally, Rovida Advisors Inc. acquired a new stake in H World Group during the second quarter worth $8,480,000. Institutional investors and hedge funds own 46.41% of the company’s stock.

H World Group Stock Down 1.3%

Shares of NASDAQ HTHT opened at $52.05 on Thursday. H World Group Limited Sponsored ADR has a 12-month low of $30.20 and a 12-month high of $56.63. The firm’s 50-day simple moving average is $51.11 and its 200 day simple moving average is $44.96. The company has a quick ratio of 0.84, a current ratio of 0.85 and a debt-to-equity ratio of 0.32. The company has a market cap of $16.03 billion, a price-to-earnings ratio of 29.91, a price-to-earnings-growth ratio of 1.18 and a beta of 0.11.

Analyst Ratings Changes

A number of analysts recently weighed in on HTHT shares. Zacks Research cut shares of H World Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 5th. Wall Street Zen upgraded shares of H World Group from a “hold” rating to a “buy” rating in a research note on Saturday, March 7th. Benchmark lifted their price objective on H World Group from $48.00 to $52.00 and gave the company a “buy” rating in a report on Tuesday, November 18th. UBS Group upgraded H World Group from a “neutral” rating to a “buy” rating and set a $62.40 price objective on the stock in a research note on Monday. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of H World Group in a report on Monday, December 29th. Six equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $52.13.

About H World Group

H World Group, formerly known as Huazhu Group, is a leading hotel management and franchising company primarily serving the China market. The company operates a broad portfolio of midscale to luxury hotel brands, including Hi Inn, Blossom, Manxin, Madison International, Joya, Grand Mercure, Novotel, Mercure and ibis. Through a network of both directly managed and franchised properties, H World Group caters to business and leisure travelers by offering consistent service standards and loyalty benefits across its brands.

In addition to its core hotel operations, H World Group provides technology-driven hospitality solutions such as centralized reservation systems, revenue management platforms and customer relationship management tools.