H World Group Limited (NASDAQ:HTHT) Shares Sold by Swiss National Bank

Swiss National Bank decreased its position in shares of H World Group Limited (NASDAQ:HTHT - Free Report) by 4.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 454,341 shares of the company's stock after selling 22,700 shares during the quarter. Swiss National Bank owned about 0.14% of H World Group worth $15,193,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of New York Mellon Corp grew its stake in H World Group by 3.5% during the third quarter. Bank of New York Mellon Corp now owns 215,847 shares of the company's stock worth $8,511,000 after purchasing an additional 7,236 shares during the period. IFM Investors Pty Ltd lifted its position in shares of H World Group by 57.1% during the 3rd quarter. IFM Investors Pty Ltd now owns 13,568 shares of the company's stock valued at $535,000 after acquiring an additional 4,929 shares during the period. Sumitomo Mitsui Trust Holdings Inc. boosted its stake in H World Group by 1.1% during the third quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 458,799 shares of the company's stock worth $18,090,000 after acquiring an additional 4,809 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in H World Group by 18.1% in the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 7,199 shares of the company's stock worth $284,000 after purchasing an additional 1,105 shares during the period. Finally, Orion Portfolio Solutions LLC raised its holdings in shares of H World Group by 28.2% during the third quarter. Orion Portfolio Solutions LLC now owns 20,401 shares of the company's stock valued at $804,000 after purchasing an additional 4,492 shares during the period. Institutional investors and hedge funds own 46.41% of the company's stock.

H World Group Stock Up 0.2 %

Shares of HTHT stock traded up $0.09 on Friday, hitting $39.95. The stock had a trading volume of 1,136,135 shares, compared to its average volume of 1,823,763. H World Group Limited has a 12-month low of $30.20 and a 12-month high of $48.84. The stock has a market cap of $13.05 billion, a price-to-earnings ratio of 22.61, a price-to-earnings-growth ratio of 1.36 and a beta of 0.93. The business has a 50 day moving average of $38.45 and a 200 day moving average of $35.98. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.69 and a quick ratio of 0.69.

H World Group (NASDAQ:HTHT - Get Free Report) last posted its earnings results on Wednesday, March 20th. The company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.31 by $0.02. The firm had revenue of $786.00 million for the quarter, compared to analysts' expectations of $759.99 million. H World Group had a net margin of 18.62% and a return on equity of 31.50%. As a group, analysts expect that H World Group Limited will post 1.94 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on HTHT shares. Macquarie assumed coverage on H World Group in a research note on Friday, April 19th. They issued an "outperform" rating and a $48.00 target price for the company. Benchmark reaffirmed a "buy" rating and set a $64.00 target price on shares of H World Group in a research report on Friday, March 22nd. Bank of America reduced their price target on shares of H World Group from $51.00 to $43.00 and set a "buy" rating for the company in a research report on Wednesday, March 13th. JPMorgan Chase & Co. upped their price objective on shares of H World Group from $40.00 to $45.00 and gave the stock an "overweight" rating in a report on Friday, March 22nd. Finally, CLSA began coverage on shares of H World Group in a report on Friday, April 26th. They set a "buy" rating and a $47.00 price objective for the company. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $49.40.

H World Group Company Profile

H World Group Limited, together with its subsidiaries, develops leased and owned, manachised, and franchised hotels primarily 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.