Jane Street Group LLC Sells 133,857 Shares of H World Group Limited (NASDAQ:HTHT)

Jane Street Group LLC reduced its position in shares of H World Group Limited (NASDAQ:HTHT) by 76.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 40,703 shares of the company’s stock after selling 133,857 shares during the period. Jane Street Group LLC’s holdings in H World Group were worth $1,514,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the company. Temasek Holdings Private Ltd purchased a new stake in H World Group in the 3rd quarter valued at about $81,840,000. Point72 Hong Kong Ltd bought a new position in shares of H World Group in the third quarter valued at approximately $418,000. Verition Fund Management LLC purchased a new stake in shares of H World Group during the third quarter valued at approximately $1,151,000. Quantbot Technologies LP lifted its holdings in H World Group by 21.4% during the third quarter. Quantbot Technologies LP now owns 62,935 shares of the company’s stock worth $2,341,000 after acquiring an additional 11,081 shares during the period. Finally, Massachusetts Financial Services Co. MA purchased a new position in H World Group in the third quarter worth $1,921,000. 46.41% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, Benchmark decreased their target price on H World Group from $53.00 to $48.00 and set a “buy” rating for the company in a research report on Wednesday, November 27th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $46.80.

H World Group Trading Up 0.3 %

NASDAQ:HTHT opened at $34.01 on Friday. H World Group Limited has a 12 month low of $27.03 and a 12 month high of $42.98. The company has a current ratio of 0.88, a quick ratio of 0.87 and a debt-to-equity ratio of 0.60. The firm’s 50 day moving average is $35.29 and its 200 day moving average is $33.33. The stock has a market capitalization of $11.11 billion, a PE ratio of 20.61, a price-to-earnings-growth ratio of 1.09 and a beta of 0.74.

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.