H World Group Limited Sponsored ADR (NASDAQ:HTHT) Shares Sold by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA decreased its position in H World Group Limited Sponsored ADR (NASDAQ:HTHT - Free Report) by 33.0% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 81,833 shares of the company's stock after selling 40,249 shares during the quarter. Massachusetts Financial Services Co. MA's holdings in H World Group were worth $3,029,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. grew its holdings in H World Group by 4,554.2% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 11,684,748 shares of the company's stock valued at $432,453,000 after buying an additional 11,433,692 shares during the period. Capital International Investors grew its holdings in shares of 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 purchasing an additional 1,452,364 shares during the period. Capital Research Global Investors purchased a new stake in shares of H World Group during the 4th quarter worth about $307,715,000. Temasek Holdings Private Ltd grew its holdings in shares of H World Group by 87.2% during the 4th 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. Finally, Nuveen Asset Management LLC grew its holdings in shares of H World Group by 625.5% during the 4th quarter. Nuveen Asset Management LLC now owns 2,136,770 shares of the company's stock worth $70,578,000 after purchasing an additional 1,842,244 shares during the period. Institutional investors and hedge funds own 46.41% of the company's stock.

Wall Street Analyst Weigh In

HTHT has been the subject of a number of analyst reports. Morgan Stanley restated an "overweight" rating on shares of H World Group in a report on Monday, March 31st. JPMorgan Chase & Co. reduced their target price 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. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $40.80.

H World Group Trading Down 0.7%

NASDAQ:HTHT opened at $32.97 on Friday. 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 1-year low of $27.03 and a 1-year high of $42.98. The firm has a market capitalization of $10.12 billion, a price-to-earnings ratio of 22.90, a price-to-earnings-growth ratio of 1.24 and a beta of 0.46. The stock has a fifty day simple moving average of $34.74 and a 200 day simple moving average of $34.61.

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.

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