H World Group Limited Sponsored ADR $HTHT Shares Sold by Capital Research Global Investors

Key Points

• Capital Research Global Investors cut its stake in H World Group (NASDAQ:HTHT) by 30.8% in Q3, selling 2,477,008 shares and now holds 5,560,557 shares (about 1.81%) valued at roughly $217.5 million.
• Several other institutions adjusted positions—Mitsubishi UFJ Trust & Banking boosted its stake 42.8% to 5,606,258 shares (~$190.2M) and Greenwoods opened a new ~ $6.0M position—leaving about 46.41% of the stock owned by hedge funds and other institutions.
• Analysts are generally positive with six Buy ratings and one Hold, a consensus "Moderate Buy" price target of $52.13, while HTHT trades near $52.73 with a $16.24 billion market cap and a 52‑week range of $30.20–$56.63.

Capital Research Global Investors decreased its holdings in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT - Free Report) by 30.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,560,557 shares of the company's stock after selling 2,477,008 shares during the quarter. Capital Research Global Investors owned about 1.81% of H World Group worth $217,473,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in HTHT. AQR Capital Management LLC lifted its stake in H World Group by 11.2% during the 1st quarter. AQR Capital Management LLC now owns 9,319 shares of the company's stock worth $338,000 after acquiring an additional 936 shares in the last quarter. Resona Asset Management Co. Ltd. increased its holdings in H World Group by 6.2% in the second quarter. Resona Asset Management Co. Ltd. now owns 58,153 shares of the company's stock valued at $1,975,000 after buying an additional 3,408 shares during the last quarter. Aviva PLC increased its holdings in shares of H World Group by 3.9% in the 2nd quarter. Aviva PLC now owns 146,728 shares of the company's stock valued at $4,977,000 after acquiring an additional 5,445 shares during the last quarter. Greenwoods Asset Management Hong Kong Ltd. acquired a new stake in H World Group during the second quarter worth approximately $5,997,000. Finally, Mitsubishi UFJ Trust & Banking Corp lifted its position in H World Group by 42.8% in the second quarter. Mitsubishi UFJ Trust & Banking Corp now owns 5,606,258 shares of the company's stock valued at $190,164,000 after acquiring an additional 1,679,440 shares during the last quarter. 46.41% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on HTHT shares. Weiss Ratings restated a "buy (b-)" rating on shares of H World Group in a research note on Monday, December 29th. Zacks Research lowered shares of H World Group from a "strong-buy" rating to a "hold" rating in a research report on Monday, January 5th. UBS Group raised H World Group from a "neutral" rating to a "buy" rating and set a $62.40 price objective for the company in a research note on Monday. Wall Street Zen raised H World Group from a "hold" rating to a "buy" rating in a report on Saturday. Finally, Benchmark raised their price target on H World Group from $48.00 to $52.00 and gave the company a "buy" rating in a research report on Tuesday, November 18th. Six equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $52.13.

H World Group Trading Up 1.2%

Shares of HTHT opened at $52.73 on Wednesday. The company has a market capitalization of $16.24 billion, a PE ratio of 30.30, a price-to-earnings-growth ratio of 1.17 and a beta of 0.11. H World Group Limited Sponsored ADR has a fifty-two week low of $30.20 and a fifty-two week high of $56.63. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.84 and a current ratio of 0.85. The stock has a fifty day moving average of $51.01 and a two-hundred day moving average of $44.91.

H World Group Profile

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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