Capital Fund Management S.A. Buys 104,068 Shares of H World Group Limited (NASDAQ:HTHT)

Capital Fund Management S.A. raised its stake in shares of H World Group Limited (NASDAQ:HTHTFree Report) by 98.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 209,506 shares of the company’s stock after purchasing an additional 104,068 shares during the quarter. Capital Fund Management S.A. owned 0.06% of H World Group worth $7,006,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Federated Hermes Inc. bought a new position in shares of H World Group during the 3rd quarter valued at about $72,809,000. Norges Bank bought a new position in H World Group during the fourth quarter valued at approximately $46,460,000. Schroder Investment Management Group grew its position in H World Group by 6.8% during the fourth quarter. Schroder Investment Management Group now owns 16,389,954 shares of the company’s stock valued at $548,080,000 after acquiring an additional 1,039,888 shares during the last quarter. BNP Paribas Financial Markets raised its stake in shares of H World Group by 77.2% during the fourth quarter. BNP Paribas Financial Markets now owns 755,492 shares of the company’s stock worth $25,264,000 after acquiring an additional 329,057 shares in the last quarter. Finally, Nordea Investment Management AB lifted its holdings in shares of H World Group by 344.7% in the 4th quarter. Nordea Investment Management AB now owns 367,343 shares of the company’s stock worth $12,324,000 after acquiring an additional 284,742 shares during the last quarter. Hedge funds and other institutional investors own 46.41% of the company’s stock.

H World Group Stock Down 0.1 %

NASDAQ HTHT opened at $34.80 on Tuesday. The business’s 50-day moving average is $38.73 and its 200 day moving average is $36.22. The stock has a market capitalization of $11.36 billion, a PE ratio of 21.61, a PEG ratio of 1.20 and a beta of 0.82. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.70 and a quick ratio of 0.69. H World Group Limited has a 1 year low of $30.20 and a 1 year high of $48.84.

H World Group (NASDAQ:HTHTGet Free Report) last issued its quarterly earnings data on Friday, May 17th. The company reported $0.29 earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.03). The business had revenue of $731.00 million during the quarter. H World Group had a return on equity of 28.59% and a net margin of 16.47%. Sell-side analysts forecast that H World Group Limited will post 1.88 earnings per share for the current year.

Analyst Ratings Changes

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

Read Our Latest Analysis on HTHT

H World Group Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for H World Group (NASDAQ:HTHT)

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