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

Waverton Investment Management Ltd purchased a new stake in H World Group Limited (NASDAQ:HTHT) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 183,900 shares of the company’s stock, valued at approximately $6,076,000.

A number of other institutional investors have also recently made changes to their positions in HTHT. Blue Trust Inc. raised its stake in H World Group by 293.2% during the third quarter. Blue Trust Inc. now owns 4,817 shares of the company’s stock worth $179,000 after buying an additional 3,592 shares during the last quarter. Greenleaf Trust bought a new position in shares of H World Group in the 3rd quarter worth about $210,000. Sumitomo Mitsui DS Asset Management Company Ltd raised its position in shares of H World Group by 11.9% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 8,778 shares of the company’s stock worth $290,000 after acquiring an additional 936 shares in the last quarter. Point72 Hong Kong Ltd acquired a new position in shares of H World Group in the 3rd quarter valued at about $418,000. Finally, B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in H World Group during the third quarter worth approximately $450,000. Institutional investors own 46.41% of the company’s stock.

H World Group Trading Down 1.6 %

Shares of H World Group stock opened at $36.32 on Monday. The stock has a market capitalization of $11.38 billion, a PE ratio of 22.01, a price-to-earnings-growth ratio of 1.28 and a beta of 0.70. H World Group Limited has a 52 week low of $27.03 and a 52 week high of $42.98. The stock has a 50 day moving average price of $32.97 and a two-hundred day moving average price of $33.59. 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 (NASDAQ:HTHT) last posted its quarterly earnings results on Tuesday, November 26th. The company reported $0.58 earnings per share (EPS) 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 quarter last year, the company posted $0.56 earnings per share. As a group, equities analysts anticipate that H World Group Limited will post 1.65 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on HTHT. HSBC downgraded H World Group from a “buy” rating to a “hold” rating and set a $32.40 target price for the company. in a report on Wednesday, February 5th. 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. Finally, Benchmark cut their target price on shares of 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. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $44.40.

About H World Group

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.