Asset Management One Co. Ltd. Has $1.08 Million Stock Position in H World Group Limited (NASDAQ:HTHT)

Asset Management One Co. Ltd. increased its stake in H World Group Limited (NASDAQ:HTHT) by 12.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 32,242 shares of the company’s stock after acquiring an additional 3,547 shares during the quarter. Asset Management One Co. Ltd.’s holdings in H World Group were worth $1,077,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Temasek Holdings Private Ltd acquired a new position in shares of H World Group in the third quarter worth approximately $81,840,000. Geode Capital Management LLC lifted its stake in H World Group by 0.9% in the third quarter. Geode Capital Management LLC now owns 1,285,870 shares of the company’s stock valued at $47,455,000 after buying an additional 11,684 shares during the period. TT International Asset Management LTD acquired a new position in H World Group in the third quarter valued at approximately $24,915,000. Nordea Investment Management AB lifted its stake 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 valued at $16,961,000 after buying an additional 51,213 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. lifted 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 buying an additional 28,953 shares during the period. 46.41% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on HTHT. Benchmark dropped their price target on H World Group from $53.00 to $48.00 and set a “buy” rating on the stock in a research note on Wednesday, November 27th. HSBC lowered H World Group from a “buy” rating to a “hold” rating and set a $32.40 price target on the stock. in a research note on Wednesday, February 5th. Finally, Hsbc Global Res lowered H World Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 4th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $44.40.

H World Group Price Performance

Shares of NASDAQ:HTHT opened at $36.92 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 twelve month low of $27.03 and a twelve month high of $42.98. The stock’s 50 day moving average is $32.90 and its 200-day moving average is $33.46. The firm has a market capitalization of $11.57 billion, a price-to-earnings ratio of 22.38, a PEG ratio of 1.27 and a beta of 0.70.

H World Group (NASDAQ:HTHT) last issued its earnings results on Tuesday, November 26th. The company reported $0.58 earnings per share for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.09). H World Group had a return on equity of 30.41% and a net margin of 15.97%. During the same period last year, the business earned $0.56 EPS. Sell-side analysts forecast that H World Group Limited will post 1.65 EPS for the current fiscal year.

About H World Group

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.