IFM Investors Pty Ltd Acquires 12,349 Shares of H World Group Limited Sponsored ADR $HTHT

IFM Investors Pty Ltd raised its holdings in H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 145.2% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 20,856 shares of the company’s stock after acquiring an additional 12,349 shares during the quarter. IFM Investors Pty Ltd’s holdings in H World Group were worth $818,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Schroder Investment Management Group grew its holdings in shares of H World Group by 95.0% in the 2nd quarter. Schroder Investment Management Group now owns 12,487,444 shares of the company’s stock valued at $423,574,000 after acquiring an additional 6,082,369 shares in the last quarter. Temasek Holdings Private Ltd boosted its position in H World Group by 66.5% during the first quarter. Temasek Holdings Private Ltd now owns 6,856,300 shares of the company’s stock valued at $253,752,000 after purchasing an additional 2,738,772 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp grew its stake in H World Group by 42.8% in the second quarter. Mitsubishi UFJ Trust & Banking Corp now owns 5,606,258 shares of the company’s stock valued at $190,164,000 after purchasing an additional 1,679,440 shares in the last quarter. WFM ASIA BVI Ltd increased its position in shares of H World Group by 65.8% during the 2nd quarter. WFM ASIA BVI Ltd now owns 3,035,416 shares of the company’s stock worth $102,961,000 after purchasing an additional 1,204,300 shares during the last quarter. Finally, Serenity Capital Management PTE. LTD. bought a new stake in shares of H World Group during the 2nd quarter worth approximately $19,130,000. 46.41% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms recently weighed in on HTHT. Zacks Research raised shares of H World Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 7th. Benchmark lifted their price objective on shares of H World Group from $48.00 to $52.00 and gave the company a “buy” rating in a research report on Tuesday, November 18th. Hsbc Global Res raised shares of H World Group from a “hold” rating to a “strong-buy” rating in a report on Monday, October 27th. Weiss Ratings reiterated a “buy (b-)” rating on shares of H World Group in a report on Monday. Finally, HSBC raised H World Group from a “hold” rating to a “buy” rating in a research report on Monday, October 27th. Two analysts have rated the stock with a Strong Buy rating and five have given a Buy rating to the company’s stock. According to MarketBeat, H World Group currently has an average rating of “Buy” and a consensus price target of $42.13.

H World Group Stock Performance

Shares of HTHT stock opened at $48.48 on Friday. H World Group Limited Sponsored ADR has a 52 week low of $30.13 and a 52 week high of $49.49. The company has a market capitalization of $14.93 billion, a price-to-earnings ratio of 27.86, a PEG ratio of 1.37 and a beta of 0.12. The company has a 50-day simple moving average of $44.47 and a 200 day simple moving average of $38.41. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.84 and a current ratio of 0.85.

About H World Group

H World Group, formerly known as Huazhu Group, is a leading hotel management and franchising company primarily serving the China market. The company operates a broad portfolio of midscale to luxury hotel brands, including Hi Inn, Blossom, Manxin, Madison International, Joya, Grand Mercure, Novotel, Mercure and ibis. Through a network of both directly managed and franchised properties, H World Group caters to business and leisure travelers by offering consistent service standards and loyalty benefits across its brands.

In addition to its core hotel operations, H World Group provides technology-driven hospitality solutions such as centralized reservation systems, revenue management platforms and customer relationship management tools.