OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC Decreases Stock Position in H World Group Limited Sponsored ADR $HTHT

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed its position in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT – Free Report) by 50.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,167 shares of the company’s stock after selling 16,789 shares during the period. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in H World Group were worth $761,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. TD Private Client Wealth LLC purchased a new position in H World Group in the 4th quarter valued at about $45,000. EverSource Wealth Advisors LLC increased its position in shares of H World Group by 81.0% during the second quarter. EverSource Wealth Advisors LLC now owns 1,450 shares of the company’s stock worth $49,000 after acquiring an additional 649 shares during the last quarter. iA Global Asset Management Inc. increased its position in shares of H World Group by 20.1% during the fourth quarter. iA Global Asset Management Inc. now owns 1,653 shares of the company’s stock worth $78,000 after acquiring an additional 277 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in shares of H World Group in the third quarter worth about $66,000. Finally, Osaic Holdings Inc. boosted its holdings in H World Group by 889.5% in the second quarter. Osaic Holdings Inc. now owns 2,266 shares of the company’s stock valued at $77,000 after purchasing an additional 2,037 shares during the last quarter. Institutional investors and hedge funds own 46.41% of the company’s stock.

H World Group Stock Performance

HTHT stock opened at $42.51 on Friday. The stock’s 50 day simple moving average is $47.74 and its 200 day simple moving average is $49.38. H World Group Limited Sponsored ADR has a 12-month low of $30.41 and a 12-month high of $56.63. The firm has a market cap of $13.07 billion, a P/E ratio of 19.06, a P/E/G ratio of 1.17 and a beta of 0.11. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.49.

H World Group (NASDAQ:HTHT – Get Free Report) last released its quarterly earnings data on Saturday, February 14th. The company reported $0.06 EPS for the quarter. H World Group had a net margin of 19.22% and a return on equity of 39.73%. The firm had revenue of $932.62 million during the quarter. As a group, equities research analysts predict that H World Group Limited Sponsored ADR will post 2.47 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on HTHT shares. Benchmark raised their price objective on H World Group from $52.00 to $60.00 and gave the company a “buy” rating in a research note on Thursday, March 19th. Weiss Ratings cut H World Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, May 18th. UBS Group raised shares of H World Group from a “neutral” rating to a “buy” rating and set a $62.40 price target for the company in a research report on Monday, March 9th. Wall Street Zen lowered shares of H World Group from a “buy” rating to a “hold” rating in a research note on Monday, June 8th. Finally, Zacks Research cut shares of H World Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 4th. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, H World Group currently has a consensus rating of “Moderate Buy” and an average price target of $61.20.

View Our Latest Report on HTHT

About H World Group

(Free Report)

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.

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