Swiss National Bank Has $15.23 Million Stock Position in H World Group Limited (NASDAQ:HTHT)

Swiss National Bank cut its holdings in shares of H World Group Limited (NASDAQ:HTHT) by 0.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 461,109 shares of the company’s stock after selling 1,700 shares during the quarter. Swiss National Bank owned 0.15% of H World Group worth $15,230,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Daiwa Securities Group Inc. acquired a new stake in shares of H World Group during the fourth quarter worth approximately $33,000. US Bancorp DE boosted its stake in shares of H World Group by 21.2% during the 4th quarter. US Bancorp DE now owns 4,839 shares of the company’s stock valued at $160,000 after buying an additional 845 shares during the period. Central Asset Investments & Management Holdings HK Ltd purchased a new position in shares of H World Group during the 4th quarter valued at $1,597,000. Bank of New York Mellon Corp increased its stake in shares of H World Group by 3.3% in the fourth quarter. Bank of New York Mellon Corp now owns 203,418 shares of the company’s stock worth $6,719,000 after acquiring an additional 6,477 shares during the last quarter. Finally, Waverton Investment Management Ltd purchased a new stake in shares of H World Group during the fourth quarter worth $6,076,000. Hedge funds and other institutional investors own 46.41% of the company’s stock.

H World Group Trading Down 1.1 %

Shares of HTHT stock opened at $38.05 on Thursday. H World Group Limited has a 12 month low of $27.03 and a 12 month high of $42.98. The company has a market cap 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. The business’s 50 day moving average is $34.38 and its two-hundred day moving average is $34.54.

Analysts Set New Price Targets

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

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.