China Universal Asset Management Co. Ltd. Increases Holdings in H World Group Limited Sponsored ADR (NASDAQ:HTHT)

China Universal Asset Management Co. Ltd. boosted its position in H World Group Limited Sponsored ADR (NASDAQ:HTHT - Free Report) by 5,000.0% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,200 shares of the company's stock after purchasing an additional 10,000 shares during the period. China Universal Asset Management Co. Ltd.'s holdings in H World Group were worth $378,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of HTHT. Bank of New York Mellon Corp increased its holdings in H World Group by 3.3% in the 4th quarter. Bank of New York Mellon Corp now owns 203,418 shares of the company's stock worth $6,719,000 after purchasing an additional 6,477 shares in the last quarter. US Bancorp DE increased its holdings in H World Group by 21.2% in the 4th quarter. US Bancorp DE now owns 4,839 shares of the company's stock worth $160,000 after purchasing an additional 845 shares in the last quarter. Daiwa Securities Group Inc. acquired a new position in H World Group in the 4th quarter worth about $33,000. Skandinaviska Enskilda Banken AB publ increased its holdings in H World Group by 7.2% in the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 38,700 shares of the company's stock worth $1,272,000 after purchasing an additional 2,600 shares in the last quarter. Finally, iA Global Asset Management Inc. acquired a new stake in shares of H World Group in the fourth quarter valued at about $196,000. Institutional investors and hedge funds own 46.41% of the company's stock.

H World Group Trading Down 2.7%

Shares of H World Group stock traded down $0.91 on Friday, hitting $33.15. 2,105,366 shares of the company's stock traded hands, compared to its average volume of 1,998,991. The company has a fifty day moving average of $35.15 and a two-hundred day moving average of $34.62. H World Group Limited Sponsored ADR has a one year low of $27.03 and a one year high of $42.98. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.88 and a quick ratio of 0.88. The company has a market capitalization of $10.18 billion, a price-to-earnings ratio of 23.02, a price-to-earnings-growth ratio of 1.26 and a beta of 0.46.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. JPMorgan Chase & Co. decreased their price target on H World Group from $43.00 to $42.00 and set an "overweight" rating for the company in a research note on Wednesday, May 21st. Morgan Stanley reissued an "overweight" rating on shares of H World Group in a research note on Monday, March 31st. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, H World Group presently has a consensus rating of "Moderate Buy" and a consensus target price of $40.80.

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.