H World Group Limited Sponsored ADR (NASDAQ:HTHT) Shares Bought by China Universal Asset Management Co. Ltd.

China Universal Asset Management Co. Ltd. raised its stake in H World Group Limited Sponsored ADR (NASDAQ:HTHT - Free Report) by 5,000.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund 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 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in HTHT. Mirae Asset Global Investments Co. Ltd. grew its position in shares of H World Group by 4,554.2% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 11,684,748 shares of the company's stock worth $432,453,000 after acquiring an additional 11,433,692 shares during the last quarter. Capital Research Global Investors purchased a new position in shares of H World Group during the fourth quarter worth approximately $307,715,000. Temasek Holdings Private Ltd lifted its holdings in shares of H World Group by 87.2% during the fourth quarter. Temasek Holdings Private Ltd now owns 4,117,528 shares of the company's stock worth $136,002,000 after purchasing an additional 1,917,528 shares during the period. Nuveen Asset Management LLC increased its stake in H World Group by 625.5% in the 4th quarter. Nuveen Asset Management LLC now owns 2,136,770 shares of the company's stock valued at $70,578,000 after buying an additional 1,842,244 shares during the period. Finally, Capital International Investors raised its position in H World Group by 18.4% during the 4th quarter. Capital International Investors now owns 9,334,577 shares of the company's stock worth $308,321,000 after buying an additional 1,452,364 shares during the last quarter. 46.41% of the stock is currently owned by hedge funds and other institutional investors.

H World Group Price Performance

Shares of NASDAQ HTHT traded down $0.91 during midday trading on Friday, hitting $33.15. The company had a trading volume of 2,105,366 shares, compared to its average volume of 1,994,969. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.69. H World Group Limited Sponsored ADR has a twelve month low of $27.03 and a twelve month high of $42.98. The business has a 50-day simple moving average of $35.10 and a two-hundred day simple moving average of $34.62. The firm has a market capitalization of $10.18 billion, a price-to-earnings ratio of 23.02, a price-to-earnings-growth ratio of 1.25 and a beta of 0.46.

Analysts Set New Price Targets

Several research firms have recently commented on HTHT. Morgan Stanley restated an "overweight" rating on shares of H World Group in a research note on Monday, March 31st. JPMorgan Chase & Co. reduced their target price on shares of 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. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $40.80.

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.