H World Group Limited (NASDAQ:HTHT) Stock Holdings Lifted by Panagora Asset Management Inc.

Panagora Asset Management Inc. grew its position in H World Group Limited (NASDAQ:HTHT) by 28.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,911 shares of the company’s stock after purchasing an additional 1,517 shares during the period. Panagora Asset Management Inc.’s holdings in H World Group were worth $231,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Prudential PLC increased its holdings in H World Group by 2.5% in the third quarter. Prudential PLC now owns 31,608 shares of the company’s stock worth $1,246,000 after buying an additional 772 shares during the last quarter. Blue Trust Inc. raised its holdings in shares of H World Group by 48.6% during the 4th quarter. Blue Trust Inc. now owns 3,386 shares of the company’s stock valued at $113,000 after purchasing an additional 1,108 shares in the last quarter. Quadrant Capital Group LLC lifted its stake in shares of H World Group by 19.6% in the 4th quarter. Quadrant Capital Group LLC now owns 6,975 shares of the company’s stock valued at $233,000 after purchasing an additional 1,142 shares during the last quarter. Nomura Asset Management Co. Ltd. boosted its holdings in H World Group by 8.0% in the third quarter. Nomura Asset Management Co. Ltd. now owns 20,300 shares of the company’s stock worth $800,000 after purchasing an additional 1,500 shares in the last quarter. Finally, MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH increased its position in H World Group by 9.4% during the fourth quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH now owns 27,900 shares of the company’s stock worth $933,000 after buying an additional 2,400 shares during the last quarter. 46.41% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

HTHT has been the subject of a number of analyst reports. Bank of America reduced their price target on H World Group from $51.00 to $43.00 and set a “buy” rating for the company in a research report on Wednesday, March 13th. JPMorgan Chase & Co. upped their target price on H World Group from $45.00 to $48.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 21st. Macquarie initiated coverage on shares of H World Group in a research report on Friday, April 19th. They issued an “outperform” rating and a $48.00 price target on the stock. Benchmark restated a “buy” rating and issued a $64.00 price objective on shares of H World Group in a research note on Friday, March 22nd. Finally, CLSA started coverage on shares of H World Group in a research note on Friday, April 26th. They issued a “buy” rating and a $47.00 target price on the stock. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $50.00.

H World Group Stock Up 1.1 %

Shares of HTHT stock opened at $36.43 on Friday. The stock has a 50 day moving average of $39.12 and a 200-day moving average of $36.18. The firm has a market cap of $11.90 billion, a PE ratio of 22.63, a price-to-earnings-growth ratio of 1.17 and a beta of 0.93. The company has a quick ratio of 0.69, a current ratio of 0.70 and a debt-to-equity ratio of 0.34. H World Group Limited has a 12 month low of $30.20 and a 12 month high of $48.84.

H World Group (NASDAQ:HTHT) last released its earnings results on Wednesday, March 20th. The company reported $0.33 EPS for the quarter, beating the consensus estimate of $0.31 by $0.02. The firm had revenue of $786.00 million during the quarter, compared to analysts’ expectations of $759.99 million. H World Group had a net margin of 16.47% and a return on equity of 28.59%. On average, equities analysts predict that H World Group Limited will post 2 EPS for the current year.

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.