Swiss National Bank Has $17.41 Million Position in H World Group Limited Sponsored ADR (NASDAQ:HTHT)

Swiss National Bank boosted its holdings in H World Group Limited Sponsored ADR (NASDAQ:HTHT - Free Report) by 2.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 470,509 shares of the company's stock after purchasing an additional 9,400 shares during the quarter. Swiss National Bank owned approximately 0.15% of H World Group worth $17,414,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in HTHT. Sumitomo Mitsui DS Asset Management Company Ltd boosted its holdings 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 during the period. Skandinaviska Enskilda Banken AB publ raised its stake in shares of H World Group by 2.1% during the first quarter. Skandinaviska Enskilda Banken AB publ now owns 39,500 shares of the company's stock valued at $1,462,000 after purchasing an additional 800 shares in the last quarter. Asset Management One Co. Ltd. raised its stake 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 purchasing an additional 1,684 shares in the last quarter. US Bancorp DE raised its stake in shares of H World Group by 36.4% during the first quarter. US Bancorp DE now owns 6,600 shares of the company's stock valued at $244,000 after purchasing an additional 1,761 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its stake in shares of H World Group by 7.3% during the fourth quarter. Ameriprise Financial Inc. now owns 28,046 shares of the company's stock valued at $926,000 after purchasing an additional 1,901 shares in the last quarter. Institutional investors and hedge funds own 46.41% of the company's stock.

H World Group Stock Performance

Shares of NASDAQ HTHT traded down $0.15 during trading hours on Friday, reaching $33.07. The stock had a trading volume of 634,925 shares, compared to its average volume of 1,866,537. The business's fifty day moving average is $33.22 and its two-hundred day moving average is $34.70. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.88 and a quick ratio of 0.88. The company has a market cap of $10.15 billion, a price-to-earnings ratio of 22.97, a PEG ratio of 1.60 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.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. cut their price objective 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 analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $40.80.

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.