H World Group Limited Sponsored ADR $HTHT Shares Bought by Triata Capital Ltd

Key Points

• Triata Capital Ltd increased its stake in H World Group (NASDAQ:HTHT) by 18.7% in Q3, buying 54,100 shares to hold 344,135 shares (about $13.46M), which represents 0.11% of the company and 1.6% of Triata’s portfolio (its 12th largest position).
• Analyst sentiment is generally positive with five Buy ratings and one Hold, an average rating of "Moderate Buy" and an average target of $47, while recent upgrades include Wall Street Zen to Buy and Benchmark raising its price target to $52.
• The stock opened at $50.51, with a market capitalization of $15.55 billion, a P/E of 29.03, a 12‑month range of $30.20–$56.63, and 50‑/200‑day simple moving averages of $50.82 and $44.61 respectively.

Triata Capital Ltd increased its holdings in H World Group Limited Sponsored ADR (NASDAQ:HTHT - Free Report) by 18.7% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 344,135 shares of the company's stock after acquiring an additional 54,100 shares during the quarter. H World Group makes up 1.6% of Triata Capital Ltd's portfolio, making the stock its 12th biggest position. Triata Capital Ltd owned 0.11% of H World Group worth $13,459,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of HTHT. Rhumbline Advisers increased its holdings in H World Group by 1.3% during the 3rd quarter. Rhumbline Advisers now owns 27,305 shares of the company's stock worth $1,068,000 after purchasing an additional 352 shares during the last quarter. Asset Management One Co. Ltd. boosted its stake in shares of H World Group by 1.4% during the 3rd quarter. Asset Management One Co. Ltd. now owns 33,228 shares of the company's stock valued at $1,300,000 after buying an additional 466 shares during the last quarter. EverSource Wealth Advisors LLC grew its position in shares of H World Group by 81.0% during the second quarter. EverSource Wealth Advisors LLC now owns 1,450 shares of the company's stock worth $49,000 after buying an additional 649 shares in the last quarter. AQR Capital Management LLC grew its position in shares of H World Group by 11.2% during the first quarter. AQR Capital Management LLC now owns 9,319 shares of the company's stock worth $338,000 after buying an additional 936 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its stake in shares of H World Group by 82.2% in the second quarter. PNC Financial Services Group Inc. now owns 2,146 shares of the company's stock worth $73,000 after buying an additional 968 shares during the last quarter. Hedge funds and other institutional investors own 46.41% of the company's stock.

H World Group Price Performance

Shares of NASDAQ HTHT opened at $50.51 on Friday. The company has a current ratio of 0.85, a quick ratio of 0.84 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $15.55 billion, a price-to-earnings ratio of 29.03, a price-to-earnings-growth ratio of 1.13 and a beta of 0.11. H World Group Limited Sponsored ADR has a twelve month low of $30.20 and a twelve month high of $56.63. The business has a 50 day simple moving average of $50.82 and a 200-day simple moving average of $44.61.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on HTHT. Wall Street Zen raised shares of H World Group from a "hold" rating to a "buy" rating in a report on Saturday. Benchmark raised their price objective on shares of H World Group from $48.00 to $52.00 and gave the stock a "buy" rating in a report on Tuesday, November 18th. Weiss Ratings reissued a "buy (b-)" rating on shares of H World Group in a research report on Monday, December 29th. Finally, Zacks Research lowered shares of H World Group from a "strong-buy" rating to a "hold" rating in a research note on Monday, January 5th. Five investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $47.00.

About H World Group

H World Group, formerly known as Huazhu Group, is a leading hotel management and franchising company primarily serving the China market. The company operates a broad portfolio of midscale to luxury hotel brands, including Hi Inn, Blossom, Manxin, Madison International, Joya, Grand Mercure, Novotel, Mercure and ibis. Through a network of both directly managed and franchised properties, H World Group caters to business and leisure travelers by offering consistent service standards and loyalty benefits across its brands.

In addition to its core hotel operations, H World Group provides technology-driven hospitality solutions such as centralized reservation systems, revenue management platforms and customer relationship management tools.

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