Fiera Capital Corp Raises Holdings in H World Group Limited Sponsored ADR (NASDAQ:HTHT)

Fiera Capital Corp lifted its holdings in H World Group Limited Sponsored ADR (NASDAQ:HTHT - Free Report) by 20.3% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 115,497 shares of the company's stock after acquiring an additional 19,471 shares during the quarter. Fiera Capital Corp's holdings in H World Group were worth $4,275,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Sumitomo Mitsui DS Asset Management Company Ltd increased its position in shares of H World Group by 7.4% during the first quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 9,424 shares of the company's stock valued at $349,000 after acquiring an additional 646 shares in the last quarter. DnB Asset Management AS grew its stake in shares of H World Group by 5.6% during the 4th quarter. DnB Asset Management AS now owns 14,691 shares of the company's stock valued at $485,000 after acquiring an additional 784 shares during the period. Skandinaviska Enskilda Banken AB publ boosted its holdings in H World Group by 2.1% in the 1st quarter. Skandinaviska Enskilda Banken AB publ now owns 39,500 shares of the company's stock worth $1,462,000 after buying an additional 800 shares during the period. Asset Management One Co. Ltd. raised its position in shares of H World Group by 5.2% during the first quarter. Asset Management One Co. Ltd. now owns 33,926 shares of the company's stock valued at $1,256,000 after buying an additional 1,684 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its position in shares of H World Group by 7.3% in the fourth quarter. Ameriprise Financial Inc. now owns 28,046 shares of the company's stock worth $926,000 after buying an additional 1,901 shares in the last quarter. 46.41% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. reduced their target price on shares of H World Group from $43.00 to $42.00 and set an "overweight" rating on the stock in a research note on Wednesday, May 21st. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $40.80.

H World Group Trading Up 0.5%

H World Group stock traded up $0.17 during mid-day trading on Monday, hitting $31.40. The company's stock had a trading volume of 1,260,386 shares, compared to its average volume of 1,966,159. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.69. The firm has a market capitalization of $9.64 billion, a PE ratio of 21.79, a price-to-earnings-growth ratio of 1.17 and a beta of 0.47. The stock's fifty day moving average is $33.90 and its two-hundred day moving average is $34.72. H World Group Limited Sponsored ADR has a 1 year low of $27.36 and a 1 year high of $42.98.

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.