Oasis Management Co Ltd. Decreases Stock Holdings in H World Group Limited Sponsored ADR $HTHT

Oasis Management Co Ltd. lowered its stake in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 11.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 184,879 shares of the company’s stock after selling 25,000 shares during the quarter. H World Group comprises 0.7% of Oasis Management Co Ltd.’s holdings, making the stock its 17th largest holding. Oasis Management Co Ltd. owned 0.06% of H World Group worth $7,231,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the company. Serenity Capital Management PTE. LTD. raised its holdings in H World Group by 126.0% in the third quarter. Serenity Capital Management PTE. LTD. now owns 1,274,391 shares of the company’s stock worth $49,841,000 after purchasing an additional 710,431 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in shares of H World Group by 17.8% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,049,882 shares of the company’s stock valued at $41,061,000 after buying an additional 158,839 shares in the last quarter. Sei Investments Co. grew its position in shares of H World Group by 49.2% in the 3rd quarter. Sei Investments Co. now owns 38,221 shares of the company’s stock worth $1,495,000 after buying an additional 12,605 shares during the last quarter. BNP Paribas Financial Markets grew its position in shares of H World Group by 7.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 621,423 shares of the company’s stock worth $24,304,000 after buying an additional 44,268 shares during the last quarter. Finally, Mackenzie Financial Corp raised its stake in shares of H World Group by 17.8% during the 3rd quarter. Mackenzie Financial Corp now owns 157,831 shares of the company’s stock worth $6,173,000 after acquiring an additional 23,822 shares in the last quarter. 46.41% of the stock is currently owned by institutional investors.

H World Group Stock Performance

Shares of H World Group stock opened at $50.52 on Friday. The company has a 50 day moving average price of $51.24 and a 200 day moving average price of $45.11. The firm has a market capitalization of $15.55 billion, a P/E ratio of 29.03, a PEG ratio of 1.15 and a beta of 0.11. The company has a quick ratio of 0.84, a current ratio of 0.85 and a debt-to-equity ratio of 0.32. H World Group Limited Sponsored ADR has a 52 week low of $30.20 and a 52 week high of $56.63.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Benchmark increased their target price 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. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of H World Group in a report on Monday, December 29th. Zacks Research lowered H World Group from a “strong-buy” rating to a “hold” rating in a report on Monday, January 5th. UBS Group raised H World Group from a “neutral” rating to a “buy” rating and set a $62.40 price objective for the company in a research report on Monday, March 9th. Finally, Wall Street Zen upgraded H World Group from a “hold” rating to a “buy” rating in a research note on Saturday, March 7th. Six analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $52.13.

H World Group Profile

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.