Nomura Holdings Inc. Sells 33,007 Shares of H World Group Limited (NASDAQ:HTHT)

Nomura Holdings Inc. lessened its holdings in H World Group Limited (NASDAQ:HTHT) by 75.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,556 shares of the company’s stock after selling 33,007 shares during the period. Nomura Holdings Inc.’s holdings in H World Group were worth $353,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in HTHT. Norges Bank bought a new stake in shares of H World Group in the 4th quarter valued at approximately $46,460,000. Schroder Investment Management Group lifted its holdings in shares of 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 period. Cubist Systematic Strategies LLC boosted its stake in shares of H World Group by 563.8% in the 4th quarter. Cubist Systematic Strategies LLC now owns 451,287 shares of the company’s stock valued at $15,091,000 after purchasing an additional 383,298 shares in the last quarter. Federated Hermes Inc. grew its holdings in shares of H World Group by 20.7% in the 4th quarter. Federated Hermes Inc. now owns 2,229,079 shares of the company’s stock worth $74,540,000 after purchasing an additional 382,538 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its position in shares of H World Group by 77.2% during the 4th quarter. BNP Paribas Financial Markets now owns 755,492 shares of the company’s stock worth $25,264,000 after purchasing an additional 329,057 shares in the last quarter. Institutional investors and hedge funds own 46.41% of the company’s stock.

Analyst Ratings Changes

Several analysts have weighed in on HTHT shares. CLSA began coverage on shares of H World Group in a research note on Friday, April 26th. They set a “buy” rating and a $47.00 price objective on the stock. Bank of America cut their price objective 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. increased their target price on H World Group from $45.00 to $48.00 and gave the stock an “overweight” rating in a report on Tuesday, May 21st. Macquarie started coverage on H World Group in a report on Friday, April 19th. They issued an “outperform” rating and a $48.00 price target for the company. Finally, Benchmark reiterated a “buy” rating and set a $64.00 price target on shares of H World Group in a research report on Friday, March 22nd. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $50.00.

H World Group Trading Down 0.2 %

Shares of HTHT opened at $33.67 on Friday. The stock’s fifty day simple moving average is $37.62 and its 200-day simple moving average is $36.09. The firm has a market capitalization of $10.99 billion, a PE ratio of 20.91, a price-to-earnings-growth ratio of 1.16 and a beta of 0.82. H World Group Limited has a 12-month low of $30.20 and a 12-month high of $48.84. 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 (NASDAQ:HTHT) last released its earnings results on Friday, May 17th. The company reported $0.29 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.03). H World Group had a net margin of 16.47% and a return on equity of 28.59%. The business had revenue of $731.00 million for the quarter. As a group, research analysts predict that H World Group Limited will post 1.88 earnings per share for the current year.

H World Group Profile

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.