APG Asset Management N.V. Raises Holdings in H World Group Limited Sponsored ADR $HTHT

APG Asset Management N.V. increased its stake in H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 146.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 108,093 shares of the company’s stock after acquiring an additional 64,300 shares during the period. APG Asset Management N.V.’s holdings in H World Group were worth $4,228,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. Hantz Financial Services Inc. boosted its holdings in shares of H World Group by 575.7% during the second quarter. Hantz Financial Services Inc. now owns 1,446 shares of the company’s stock worth $49,000 after purchasing an additional 1,232 shares during the period. EverSource Wealth Advisors LLC boosted its stake in H World Group by 81.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,450 shares of the company’s stock valued at $49,000 after purchasing an additional 649 shares during the period. PNC Financial Services Group Inc. raised its stake 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 valued at $73,000 after purchasing an additional 968 shares during the last quarter. Osaic Holdings Inc. grew its position in H World Group by 889.5% during the second quarter. Osaic Holdings Inc. now owns 2,266 shares of the company’s stock worth $77,000 after buying an additional 2,037 shares in the last quarter. Finally, Tower Research Capital LLC TRC lifted its position in H World Group by 1,307.3% in the second quarter. Tower Research Capital LLC TRC now owns 2,716 shares of the company’s stock worth $92,000 after purchasing an additional 2,523 shares during the period. Hedge funds and other institutional investors own 46.41% of the company’s stock.

H World Group Stock Down 3.7%

Shares of H World Group stock opened at $52.77 on Wednesday. The company has a quick ratio of 0.84, a current ratio of 0.85 and a debt-to-equity ratio of 0.32. H World Group Limited Sponsored ADR has a fifty-two week low of $30.20 and a fifty-two week high of $56.63. The business has a 50-day moving average price of $50.64 and a 200 day moving average price of $44.30. The firm has a market cap of $16.25 billion, a P/E ratio of 30.33, a P/E/G ratio of 1.28 and a beta of 0.11.

Analyst Upgrades and Downgrades

HTHT has been the topic of a number of research reports. Wall Street Zen lowered shares of H World Group from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. Benchmark upped their price objective on H World Group from $48.00 to $52.00 and gave the stock a “buy” rating in a research report on Tuesday, November 18th. Weiss Ratings restated a “buy (b-)” rating on shares of H World Group in a research note on Monday, December 29th. Finally, Zacks Research downgraded shares of H World Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 5th. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $47.00.

H World Group Company Profile

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.