BNP Paribas Financial Markets Has $13.26 Million Stock Holdings in H World Group Limited (NASDAQ:HTHT)

BNP Paribas Financial Markets reduced its position in H World Group Limited (NASDAQ:HTHT) by 4.6% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 356,383 shares of the company’s stock after selling 17,249 shares during the period. BNP Paribas Financial Markets’ holdings in H World Group were worth $13,257,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in HTHT. Quantbot Technologies LP increased its position in H World Group by 21.4% in the third quarter. Quantbot Technologies LP now owns 62,935 shares of the company’s stock worth $2,341,000 after purchasing an additional 11,081 shares during the period. Massachusetts Financial Services Co. MA bought a new position in shares of H World Group in the 3rd quarter valued at about $1,921,000. B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in shares of H World Group during the 3rd quarter worth approximately $450,000. Banque Cantonale Vaudoise raised its stake in shares of H World Group by 101.8% during the third quarter. Banque Cantonale Vaudoise now owns 115,000 shares of the company’s stock worth $4,278,000 after buying an additional 58,000 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. lifted its holdings in H World Group by 6.0% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 507,892 shares of the company’s stock valued at $18,894,000 after buying an additional 28,953 shares during the period. Institutional investors own 46.41% of the company’s stock.

H World Group Stock Performance

Shares of HTHT stock opened at $32.17 on Monday. The stock has a market cap of $10.50 billion, a PE ratio of 19.50, a price-to-earnings-growth ratio of 0.98 and a beta of 0.77. The stock has a 50-day moving average of $37.01 and a 200-day moving average of $33.84. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.88 and a quick ratio of 0.96. H World Group Limited has a one year low of $27.03 and a one year high of $42.98.

Wall Street Analysts Forecast Growth

Separately, Benchmark lowered their target price on shares of H World Group from $53.00 to $48.00 and set a “buy” rating for the company in a report on Wednesday, November 27th. Five analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $46.80.

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.