Swiss National Bank Sells 1,700 Shares of H World Group Limited (NASDAQ:HTHT)

Swiss National Bank lessened its holdings in shares of H World Group Limited (NASDAQ:HTHT) by 0.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 461,109 shares of the company’s stock after selling 1,700 shares during the quarter. Swiss National Bank’s holdings in H World Group were worth $15,230,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in HTHT. GSA Capital Partners LLP acquired a new position in shares of H World Group during the third quarter worth approximately $538,000. Banque Cantonale Vaudoise increased its position in H World Group by 101.8% during the third quarter. Banque Cantonale Vaudoise now owns 115,000 shares of the company’s stock worth $4,278,000 after acquiring an additional 58,000 shares during the period. B. Metzler seel. Sohn & Co. Holding AG acquired a new position in H World Group during the 3rd quarter valued at $450,000. Massachusetts Financial Services Co. MA bought a new stake in H World Group in the 3rd quarter valued at $1,921,000. Finally, Quantbot Technologies LP grew its position in H World Group by 21.4% in the 3rd quarter. Quantbot Technologies LP now owns 62,935 shares of the company’s stock worth $2,341,000 after purchasing an additional 11,081 shares during the last quarter. Institutional investors and hedge funds own 46.41% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Hsbc Global Res lowered shares of H World Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 4th. HSBC cut H World Group from a “buy” rating to a “hold” rating and set a $32.40 price target for the company. in a report on Wednesday, February 5th. Finally, Benchmark decreased their price objective on H World Group from $53.00 to $48.00 and set a “buy” rating on the stock in a report on Wednesday, November 27th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, H World Group has an average rating of “Moderate Buy” and a consensus price target of $44.68.

H World Group Stock Performance

NASDAQ:HTHT opened at $38.05 on Thursday. The firm has a market capitalization of $11.92 billion, a PE ratio of 23.06, a price-to-earnings-growth ratio of 1.28 and a beta of 0.70. The company has a quick ratio of 0.87, a current ratio of 0.88 and a debt-to-equity ratio of 0.60. H World Group Limited has a 12-month low of $27.03 and a 12-month high of $42.98. The firm has a 50-day moving average price of $34.38 and a 200 day moving average price of $34.54.

H World Group 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.