Blue Trust Inc. Has $181,000 Stock Holdings in H World Group Limited (NASDAQ:HTHT)

Blue Trust Inc. increased its holdings in shares of H World Group Limited (NASDAQ:HTHT) by 13.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,467 shares of the company’s stock after purchasing an additional 650 shares during the period. Blue Trust Inc.’s holdings in H World Group were worth $181,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in HTHT. Temasek Holdings Private Ltd bought a new position in shares of H World Group during the 3rd quarter worth approximately $81,840,000. Geode Capital Management LLC lifted its position in shares of H World Group by 0.9% during the 3rd quarter. Geode Capital Management LLC now owns 1,285,870 shares of the company’s stock valued at $47,455,000 after acquiring an additional 11,684 shares during the period. TT International Asset Management LTD bought a new position in H World Group during the third quarter worth $24,915,000. Nordea Investment Management AB grew its holdings in H World Group by 11.2% in the fourth quarter. Nordea Investment Management AB now owns 508,422 shares of the company’s stock worth $16,961,000 after purchasing an additional 51,213 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. increased its stake in H World Group by 6.0% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 507,892 shares of the company’s stock valued at $18,894,000 after purchasing an additional 28,953 shares in the last quarter. 46.41% of the stock is currently owned by institutional investors.

H World Group Stock Up 0.8 %

H World Group stock opened at $32.08 on Wednesday. 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 fifty day moving average price is $32.61 and its two-hundred day moving average price is $33.14. The firm has a market capitalization of $10.05 billion, a price-to-earnings ratio of 19.44, a price-to-earnings-growth ratio of 1.11 and a beta of 0.70. H World Group Limited has a 1-year low of $27.03 and a 1-year high of $42.98.

H World Group (NASDAQ:HTHT) last announced its quarterly earnings results on Tuesday, November 26th. The company reported $0.58 earnings per share for the quarter, missing the consensus estimate of $0.67 by ($0.09). H World Group had a net margin of 15.97% and a return on equity of 30.41%. During the same quarter in the prior year, the firm posted $0.56 earnings per share. On average, equities research analysts predict that H World Group Limited will post 1.65 earnings per share for the current fiscal year.

Analyst Ratings Changes

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

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.