Schroder Investment Management Group Buys 690,149 Shares of H World Group Limited Sponsored ADR $HTHT

Schroder Investment Management Group lifted its stake in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 5.5% during the third quarter, Holdings Channel.com reports. The firm owned 13,177,593 shares of the company’s stock after acquiring an additional 690,149 shares during the period. Schroder Investment Management Group’s holdings in H World Group were worth $515,376,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. B. Metzler seel. Sohn & Co. AG increased its holdings in shares of H World Group by 39.2% during the third quarter. B. Metzler seel. Sohn & Co. AG now owns 85,196 shares of the company’s stock valued at $3,332,000 after acquiring an additional 23,982 shares in the last quarter. Triata Capital Ltd increased its stake in H World Group by 18.7% during the 3rd quarter. Triata Capital Ltd now owns 344,135 shares of the company’s stock valued at $13,459,000 after purchasing an additional 54,100 shares in the last quarter. AI Squared Management Ltd bought a new stake in H World Group during the 3rd quarter valued at $1,158,000. Waverton Investment Management Ltd raised its holdings in H World Group by 7.9% during the third quarter. Waverton Investment Management Ltd now owns 233,227 shares of the company’s stock worth $9,120,000 after buying an additional 17,099 shares during the last quarter. Finally, APG Asset Management N.V. lifted its stake in shares of H World Group by 146.8% in the third quarter. APG Asset Management N.V. now owns 108,093 shares of the company’s stock valued at $4,228,000 after buying an additional 64,300 shares in the last quarter. 46.41% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

HTHT has been the subject of several recent research reports. Wall Street Zen raised shares of H World Group from a “hold” rating to a “buy” rating in a research report on Saturday. Zacks Research downgraded H World Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 5th. Benchmark boosted their price objective on H World Group from $48.00 to $52.00 and gave the stock a “buy” rating in a report on Tuesday, November 18th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of H World Group in a research report on Monday, December 29th. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, H World Group presently has an average rating of “Moderate Buy” and a consensus target price of $47.00.

H World Group Stock Down 2.1%

HTHT stock opened at $50.51 on Monday. The stock has a market cap of $15.55 billion, a P/E ratio of 29.03, a P/E/G ratio of 1.13 and a beta of 0.11. The company has a current ratio of 0.85, a quick ratio of 0.84 and a debt-to-equity ratio of 0.32. The stock’s fifty day simple moving average is $50.82 and its two-hundred day simple moving average is $44.68. H World Group Limited Sponsored ADR has a 1-year low of $30.20 and a 1-year high of $56.63.

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.