H World Group Limited (NASDAQ:HTHT) Stock Position Raised by Nordea Investment Management AB

Nordea Investment Management AB boosted its holdings in H World Group Limited (NASDAQ:HTHT) by 11.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 508,422 shares of the company’s stock after acquiring an additional 51,213 shares during the period. Nordea Investment Management AB owned about 0.16% of H World Group worth $16,961,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Handelsbanken Fonder AB grew its position in H World Group by 1.4% in the 3rd quarter. Handelsbanken Fonder AB now owns 67,004 shares of the company’s stock worth $2,493,000 after purchasing an additional 950 shares during the last quarter. Sei Investments Co. grew its stake in shares of H World Group by 10.4% in the second quarter. Sei Investments Co. now owns 25,474 shares of the company’s stock worth $849,000 after purchasing an additional 2,392 shares in the last quarter. Creative Planning increased its holdings 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 valued at $432,000 after purchasing an additional 2,394 shares during the period. Headlands Technologies LLC bought a new stake in shares of H World Group during the second quarter valued at about $91,000. Finally, E Fund Management Co. Ltd. lifted its holdings in H World Group by 2.1% in the second quarter. E Fund Management Co. Ltd. now owns 166,373 shares of the company’s stock worth $5,544,000 after purchasing an additional 3,416 shares during the period. 46.41% of the stock is currently owned by institutional investors and hedge funds.

H World Group Trading Up 1.8 %

Shares of HTHT stock opened at $32.12 on Thursday. The stock has a 50-day simple moving average of $34.25 and a 200 day simple moving average of $33.20. The stock has a market capitalization of $10.06 billion, a P/E ratio of 19.47, a P/E/G ratio of 1.06 and a beta of 0.71. H World Group Limited has a fifty-two week low of $27.03 and a fifty-two week high of $42.98. The company has a quick ratio of 0.87, a current ratio of 0.88 and a debt-to-equity ratio of 0.60.

Analyst Ratings Changes

Separately, Benchmark lowered 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. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, H World Group currently has a consensus rating of “Buy” and a consensus price target of $46.80.

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.