183,900 Shares in H World Group Limited (NASDAQ:HTHT) Acquired by Waverton Investment Management Ltd

Waverton Investment Management Ltd acquired a new stake in H World Group Limited (NASDAQ:HTHT) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 183,900 shares of the company’s stock, valued at approximately $6,076,000. Waverton Investment Management Ltd owned approximately 0.06% of H World Group at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of HTHT. Fiera Capital Corp raised its stake in H World Group by 87.1% in the third quarter. Fiera Capital Corp now owns 56,213 shares of the company’s stock valued at $2,091,000 after purchasing an additional 26,175 shares in the last quarter. Headwater Capital Co Ltd bought a new position in H World Group in the 4th quarter valued at about $9,909,000. Nordea Investment Management AB raised its position in shares of H World Group by 11.2% in the 4th 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 in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of H World Group by 109.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 251,056 shares of the company’s stock worth $8,292,000 after acquiring an additional 131,189 shares during the period. Finally, TT International Asset Management LTD acquired a new stake in shares of H World Group during the 3rd quarter worth approximately $24,915,000. 46.41% of the stock is currently owned by institutional investors.

H World Group Stock Performance

NASDAQ HTHT opened at $36.32 on Monday. The firm’s fifty day moving average price is $32.97 and its two-hundred day moving average price is $33.59. The stock has a market cap of $11.38 billion, a PE ratio of 22.01, a PEG ratio of 1.28 and a beta of 0.70. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.87 and a current ratio of 0.88. H World Group Limited has a fifty-two week low of $27.03 and a fifty-two week high of $42.98.

H World Group (NASDAQ:HTHT) last released its quarterly earnings data on Tuesday, November 26th. The company reported $0.58 earnings per share for the quarter, missing the consensus estimate of $0.67 by ($0.09). H World Group had a net margin of 15.97% and a return on equity of 30.41%. During the same period last year, the company posted $0.56 EPS. On average, equities analysts expect that H World Group Limited will post 1.65 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have commented on HTHT shares. Hsbc Global Res downgraded shares of H World Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 4th. Benchmark decreased 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. Finally, HSBC downgraded H World Group from a “buy” rating to a “hold” rating and set a $32.40 price objective for the company. in a research report on Wednesday, February 5th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $44.40.

H World Group Company Profile

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.