B. Metzler seel. Sohn & Co. Holding AG Acquires Shares of 12,087 H World Group Limited (NASDAQ:HTHT)

B. Metzler seel. Sohn & Co. Holding AG acquired a new position in shares of H World Group Limited (NASDAQ:HTHT) in the third quarter, according to its most recent disclosure with the SEC. The firm acquired 12,087 shares of the company’s stock, valued at approximately $450,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Blue Trust Inc. lifted its holdings in shares of H World Group by 716.7% during the second quarter. Blue Trust Inc. now owns 1,225 shares of the company’s stock worth $41,000 after purchasing an additional 1,075 shares during the period. Headlands Technologies LLC purchased a new position in H World Group during the 2nd quarter worth $91,000. Greenleaf Trust acquired a new stake in shares of H World Group in the 3rd quarter worth $210,000. Jupiter Asset Management Ltd. purchased a new stake in shares of H World Group in the second quarter valued at about $373,000. Finally, Creative Planning increased its stake in shares of H World Group by 22.6% during the second quarter. Creative Planning now owns 12,964 shares of the company’s stock worth $432,000 after acquiring an additional 2,394 shares during the period. 46.41% of the stock is currently owned by hedge funds and other institutional investors.

H World Group Price Performance

Shares of NASDAQ HTHT opened at $35.80 on Monday. The company’s fifty day moving average is $36.64 and its two-hundred day moving average is $34.06. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.96 and a current ratio of 0.97. The firm has a market capitalization of $11.69 billion, a P/E ratio of 21.83, a PEG ratio of 1.09 and a beta of 0.77. H World Group Limited has a one year low of $27.03 and a one year high of $42.98.

Analyst Ratings Changes

Separately, Benchmark lowered their price objective on H World Group from $64.00 to $53.00 and set a “buy” rating on the stock in a report on Thursday, August 22nd. Five research analysts have rated the stock with a buy rating, According to MarketBeat, H World Group currently has a consensus rating of “Buy” and an average price target of $47.80.

H World Group 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.