H World Group Limited Sponsored ADR (NASDAQ:HTHT) is Keystone Investors PTE Ltd.'s 4th Largest Position

Key Points

• Keystone Investors PTE Ltd. significantly increased its stake in H World Group by 1,763,789 shares, bringing their total ownership to roughly 1.9 million shares, which accounts for 9.9% of their portfolio.
• H World Group's stock experienced a 3.8% increase recently, with a current market value of approximately $10.04 billion and a consensus rating of "Moderate Buy" from analysts.
• Multiple institutional investors have also recently adjusted their stakes, with notable new investments valued at over $400,000 during the first quarter alone.

Keystone Investors PTE Ltd. raised its position in H World Group Limited Sponsored ADR (NASDAQ:HTHT - Free Report) by 1,280.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,901,589 shares of the company's stock after buying an additional 1,763,789 shares during the quarter. H World Group comprises about 9.9% of Keystone Investors PTE Ltd.'s portfolio, making the stock its 4th largest position. Keystone Investors PTE Ltd. owned about 0.62% of H World Group worth $70,378,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of HTHT. Mirae Asset Global Investments Co. Ltd. grew its holdings in H World Group by 4,554.2% during the 1st 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 bought a new stake in H World Group during the 4th quarter worth approximately $307,715,000. Mitsubishi UFJ Trust & Banking Corp grew its holdings in H World Group by 2,301.4% during the 1st quarter. Mitsubishi UFJ Trust & Banking Corp now owns 3,926,818 shares of the company's stock worth $145,332,000 after acquiring an additional 3,763,295 shares during the last quarter. Temasek Holdings Private Ltd grew its holdings in 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 acquiring an additional 1,917,528 shares during the last quarter. Finally, Nuveen Asset Management LLC grew its holdings in 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 acquiring an additional 1,842,244 shares during the last quarter. 46.41% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

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 report 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. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $40.80.

H World Group Trading Down 0.8%

Shares of NASDAQ HTHT traded down $0.27 during midday trading on Friday, reaching $32.43. The stock had a trading volume of 1,744,867 shares, compared to its average volume of 1,923,690. The firm has a market cap of $9.95 billion, a price-to-earnings ratio of 22.52, a price-to-earnings-growth ratio of 1.22 and a beta of 0.47. H World Group Limited Sponsored ADR has a twelve month low of $27.52 and a twelve month high of $42.98. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.88 and a current ratio of 0.88. The company's 50 day moving average price is $33.49 and its 200 day moving average price is $34.69.

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.