H World Group Limited (NASDAQ:HTHT) Shares Bought by US Bancorp DE

US Bancorp DE raised its holdings in H World Group Limited (NASDAQ:HTHT) by 21.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,839 shares of the company’s stock after buying an additional 845 shares during the period. US Bancorp DE’s holdings in H World Group were worth $160,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Blue Trust Inc. raised its stake in H World Group by 13.5% in the fourth quarter. Blue Trust Inc. now owns 5,467 shares of the company’s stock valued at $181,000 after buying an additional 650 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in shares of H World Group by 11.9% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 8,778 shares of the company’s stock worth $290,000 after purchasing an additional 936 shares during the last quarter. Point72 Hong Kong Ltd purchased a new position in shares of H World Group during the third quarter worth about $418,000. B. Metzler seel. Sohn & Co. Holding AG purchased a new position in shares of H World Group during the third quarter worth about $450,000. Finally, Public Employees Retirement System of Ohio purchased a new position in shares of H World Group during the third quarter worth about $489,000. 46.41% of the stock is currently owned by institutional investors and hedge funds.

H World Group Stock Performance

NASDAQ HTHT opened at $37.01 on Friday. The company has a quick ratio of 0.87, a current ratio of 0.88 and a debt-to-equity ratio of 0.60. H World Group Limited has a 52-week low of $27.03 and a 52-week high of $42.98. The business’s 50-day moving average price is $33.97 and its 200 day moving average price is $34.37. The firm has a market cap of $11.60 billion, a P/E ratio of 22.43, a P/E/G ratio of 1.28 and a beta of 0.70.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on HTHT shares. Benchmark dropped their price objective on H World Group from $53.00 to $48.00 and set a “buy” rating on the stock in a report on Wednesday, November 27th. HSBC lowered H World Group from a “buy” rating to a “hold” rating and set a $32.40 price objective on the stock. in a report on Wednesday, February 5th. Finally, Hsbc Global Res lowered H World Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 4th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $44.68.

H World Group Company 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.