H World Group Limited Sponsored ADR $HTHT Shares Acquired by Swiss National Bank

Swiss National Bank lifted its stake in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT - Free Report) by 2.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 470,509 shares of the company's stock after acquiring an additional 9,400 shares during the period. Swiss National Bank owned 0.15% of H World Group worth $17,414,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Confluence Investment Management LLC purchased a new stake in H World Group in the first quarter valued at approximately $209,000. Greenleaf Trust purchased a new position in H World Group in the first quarter valued at approximately $226,000. US Bancorp DE raised its holdings in H World Group by 36.4% in the first quarter. US Bancorp DE now owns 6,600 shares of the company's stock valued at $244,000 after buying an additional 1,761 shares during the period. Mariner LLC raised its holdings in H World Group by 33.8% in the fourth quarter. Mariner LLC now owns 8,120 shares of the company's stock valued at $268,000 after buying an additional 2,050 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in H World Group by 7.4% in 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 buying an additional 646 shares during the period. 46.41% of the stock is currently owned by hedge funds and other institutional investors.

H World Group Trading Up 0.6%

NASDAQ HTHT traded up $0.18 during mid-day trading on Monday, hitting $33.25. The company's stock had a trading volume of 470,842 shares, compared to its average volume of 1,964,209. H World Group Limited Sponsored ADR has a 52-week low of $27.52 and a 52-week high of $42.98. The stock's fifty day simple moving average is $33.22 and its two-hundred day simple moving average is $34.71. 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 firm has a market capitalization of $10.21 billion, a P/E ratio of 23.10, a price-to-earnings-growth ratio of 1.60 and a beta of 0.47.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. cut their price target 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 equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $40.80.

About H World Group

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.