Vanguard Group Inc. Grows Position in H World Group Limited (NASDAQ:HTHT)

Vanguard Group Inc. grew its position in shares of H World Group Limited (NASDAQ:HTHT) by 0.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,432,587 shares of the company’s stock after purchasing an additional 27,629 shares during the quarter. Vanguard Group Inc. owned approximately 2.58% of H World Group worth $281,986,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the company. Blue Trust Inc. increased its holdings in H World Group by 48.6% in the fourth quarter. Blue Trust Inc. now owns 3,386 shares of the company’s stock valued at $113,000 after buying an additional 1,108 shares in the last quarter. Quadrant Capital Group LLC raised its holdings in H World Group by 19.6% in the 4th quarter. Quadrant Capital Group LLC now owns 6,975 shares of the company’s stock worth $233,000 after purchasing an additional 1,142 shares during the period. Panagora Asset Management Inc. boosted its position in H World Group by 28.1% during the fourth quarter. Panagora Asset Management Inc. now owns 6,911 shares of the company’s stock worth $231,000 after purchasing an additional 1,517 shares in the last quarter. Dai ichi Life Insurance Company Ltd grew its holdings in H World Group by 16.1% in the fourth quarter. Dai ichi Life Insurance Company Ltd now owns 14,400 shares of the company’s stock valued at $482,000 after purchasing an additional 2,000 shares during the period. Finally, MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH raised its stake in shares of H World Group by 9.4% during the 4th quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH now owns 27,900 shares of the company’s stock worth $933,000 after buying an additional 2,400 shares during the period. 46.41% of the stock is currently owned by institutional investors and hedge funds.

H World Group Stock Down 0.8 %

HTHT stock opened at $33.32 on Monday. The company has a market cap of $10.88 billion, a price-to-earnings ratio of 20.70, a PEG ratio of 1.15 and a beta of 0.82. The firm has a 50-day moving average of $37.21 and a two-hundred day moving average of $36.06. H World Group Limited has a 12 month low of $30.20 and a 12 month high of $48.84. The company has a current ratio of 0.70, a quick ratio of 0.69 and a debt-to-equity ratio of 0.34.

H World Group (NASDAQ:HTHT) last posted its quarterly earnings results on Friday, May 17th. The company reported $0.29 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.03). The company had revenue of $731.00 million during the quarter. H World Group had a net margin of 16.47% and a return on equity of 28.59%. As a group, analysts forecast that H World Group Limited will post 1.88 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms recently issued reports on HTHT. Macquarie initiated coverage on shares of H World Group in a research note on Friday, April 19th. They issued an “outperform” rating and a $48.00 price target on the stock. CLSA began coverage on shares of H World Group in a research note on Friday, April 26th. They set a “buy” rating and a $47.00 target price for the company. JPMorgan Chase & Co. raised their price target on shares of H World Group from $45.00 to $48.00 and gave the company an “overweight” rating in a research note on Tuesday, May 21st. Benchmark reiterated a “buy” rating and set a $64.00 price objective on shares of H World Group in a research note on Friday, March 22nd. Finally, Bank of America reduced their target price on H World Group from $51.00 to $43.00 and set a “buy” rating for the company in a report on Wednesday, March 13th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $50.00.

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.