Capital International Investors Acquires 1,913,672 Shares of H World Group Limited Sponsored ADR $HTHT

Capital International Investors boosted its holdings in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 65.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,850,844 shares of the company’s stock after purchasing an additional 1,913,672 shares during the quarter. Capital International Investors owned about 1.58% of H World Group worth $189,717,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the business. Schroder Investment Management Group increased its holdings in shares of H World Group by 5.5% in the 3rd quarter. Schroder Investment Management Group now owns 13,177,593 shares of the company’s stock worth $515,376,000 after buying an additional 690,149 shares during the last quarter. B. Metzler seel. Sohn & Co. AG grew its position in H World Group by 39.2% in the third quarter. B. Metzler seel. Sohn & Co. AG now owns 85,196 shares of the company’s stock worth $3,332,000 after acquiring an additional 23,982 shares in the last quarter. Triata Capital Ltd grew its position in H World Group by 18.7% in the third quarter. Triata Capital Ltd now owns 344,135 shares of the company’s stock worth $13,459,000 after acquiring an additional 54,100 shares in the last quarter. AI Squared Management Ltd bought a new stake in H World Group during the third quarter worth approximately $1,158,000. Finally, Waverton Investment Management Ltd raised its position in H World Group by 7.9% during the third quarter. Waverton Investment Management Ltd now owns 233,227 shares of the company’s stock valued at $9,120,000 after purchasing an additional 17,099 shares during the period. Institutional investors 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 1 year low of $30.20 and a 1 year high of $56.63. The firm has a 50-day simple moving average of $51.11 and a two-hundred day simple moving average of $44.96. The company has a market cap of $16.03 billion, a P/E ratio of 29.91, a PEG ratio of 1.18 and a beta of 0.11. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.85 and a quick ratio of 0.84.

Analyst Upgrades and Downgrades

HTHT has been the subject of several analyst reports. Benchmark raised their price objective on H World Group from $48.00 to $52.00 and gave the company a “buy” rating in a research note on Tuesday, November 18th. Zacks Research lowered H World Group from a “strong-buy” rating to a “hold” rating in a report on Monday, January 5th. Weiss Ratings restated a “buy (b-)” rating on shares of H World Group in a research report on Monday, December 29th. UBS Group raised shares of H World Group from a “neutral” rating to a “buy” rating and set a $62.40 price objective for the company in a research note on Monday. Finally, Wall Street Zen upgraded shares of H World Group from a “hold” rating to a “buy” rating in a research report on Saturday, March 7th. Six research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus 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.