H World Group Limited (NASDAQ:HTHT) Shares Acquired by Federated Hermes Inc.

Federated Hermes Inc. increased its stake in H World Group Limited (NASDAQ:HTHT) by 20.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,229,079 shares of the company’s stock after purchasing an additional 382,538 shares during the quarter. Federated Hermes Inc. owned about 0.68% of H World Group worth $74,540,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Advisor Group Holdings Inc. raised its position in H World Group by 41.9% in the fourth quarter. Advisor Group Holdings Inc. now owns 759 shares of the company’s stock worth $33,000 after acquiring an additional 224 shares in the last quarter. Atlas Capital Advisors LLC bought a new stake in H World Group in the first quarter worth about $54,000. FMR LLC raised its position in H World Group by 43.6% in the second quarter. FMR LLC now owns 1,460 shares of the company’s stock worth $56,000 after acquiring an additional 443 shares in the last quarter. 1832 Asset Management L.P. bought a new stake in H World Group in the fourth quarter worth about $68,000. Finally, Tower Research Capital LLC TRC raised its position in H World Group by 3,427.3% in the third quarter. Tower Research Capital LLC TRC now owns 1,940 shares of the company’s stock worth $76,000 after acquiring an additional 1,885 shares in the last quarter. Institutional investors and hedge funds own 46.41% of the company’s stock.

H World Group Price Performance

NASDAQ HTHT opened at $37.36 on Friday. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 0.32. H World Group Limited has a 1 year low of $30.20 and a 1 year high of $50.00. The stock’s 50-day moving average price is $37.47 and its two-hundred day moving average price is $35.69. The company has a market cap of $12.20 billion, a PE ratio of 21.23, a PEG ratio of 1.26 and a beta of 0.92.

H World Group (NASDAQ:HTHT) last released its earnings results on Wednesday, March 20th. The company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.02. H World Group had a return on equity of 31.50% and a net margin of 18.62%. The company had revenue of $786.00 million for the quarter, compared to analysts’ expectations of $759.99 million. On average, analysts predict that H World Group Limited will post 1.94 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages have commented on HTHT. JPMorgan Chase & Co. boosted their price target on shares of H World Group from $40.00 to $45.00 and gave the stock an “overweight” rating in a research report on Friday, March 22nd. Benchmark reiterated a “buy” rating and issued a $64.00 price target on shares of H World Group in a research report on Friday, March 22nd. Finally, Bank of America dropped their price target on shares of H World Group from $51.00 to $43.00 and set a “buy” rating on the stock in a research report on Wednesday, March 13th. One investment analyst has rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $50.67.

H World Group Company Profile

H World Group Limited, together with its subsidiaries, develops leased and owned, manachised, and franchised hotels primarily 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.