Monolith Management Ltd Takes $6.10 Million Position in H World Group Limited Sponsored ADR $HTHT

Monolith Management Ltd acquired a new position in H World Group Limited Sponsored ADR (NASDAQ:HTHT) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 129,636 shares of the company’s stock, valued at approximately $6,099,000. H World Group makes up about 2.3% of Monolith Management Ltd’s investment portfolio, making the stock its 11th biggest position.

A number of other institutional investors have also recently made changes to their positions in the business. Schroder Investment Management Group lifted its holdings in shares of H World Group by 5.5% in the 3rd quarter. Schroder Investment Management Group now owns 13,177,593 shares of the company’s stock valued at $515,376,000 after buying an additional 690,149 shares during the period. Capital International Investors increased its stake in H World Group by 71.8% during the 4th quarter. Capital International Investors now owns 8,334,604 shares of the company’s stock worth $392,143,000 after buying an additional 3,483,760 shares in the last quarter. Kontiki Capital Management HK Ltd. boosted its holdings in shares of H World Group by 49.6% during the 4th quarter. Kontiki Capital Management HK Ltd. now owns 3,703,788 shares of the company’s stock worth $174,263,000 after purchasing an additional 1,228,617 shares during the last quarter. Capitolis Liquid Global Markets LLC acquired a new position in shares of H World Group during the 3rd quarter worth approximately $87,153,000. Finally, Generation Investment Management LLP boosted its holdings in shares of H World Group by 0.3% during the 3rd quarter. Generation Investment Management LLP now owns 1,492,241 shares of the company’s stock worth $58,362,000 after purchasing an additional 4,428 shares during the last quarter. Institutional investors and hedge funds own 46.41% of the company’s stock.

H World Group Trading Down 3.4%

Shares of H World Group stock opened at $43.35 on Wednesday. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.93 and a quick ratio of 0.93. H World Group Limited Sponsored ADR has a 1 year low of $30.41 and a 1 year high of $56.63. The company has a market capitalization of $13.33 billion, a P/E ratio of 19.44, a P/E/G ratio of 1.24 and a beta of 0.11. The business has a 50 day moving average price of $48.31 and a 200 day moving average price of $49.47.

H World Group (NASDAQ:HTHT) last issued its quarterly earnings data on Saturday, February 14th. The company reported $0.06 earnings per share (EPS) for the quarter. The firm had revenue of $932.62 million during the quarter. H World Group had a return on equity of 39.73% and a net margin of 19.22%. Sell-side analysts anticipate that H World Group Limited Sponsored ADR will post 2.47 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on HTHT shares. Wall Street Zen cut H World Group from a “buy” rating to a “hold” rating in a report on Monday, June 8th. Zacks Research cut H World Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 4th. Weiss Ratings cut H World Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, May 18th. UBS Group upgraded H World Group from a “neutral” rating to a “buy” rating and set a $62.40 target price on the stock in a research report on Monday, March 9th. Finally, Benchmark raised their price target on H World Group from $52.00 to $60.00 and gave the stock a “buy” rating in a report on Thursday, March 19th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $61.20.

Insiders Place Their Bets

In other H World Group news, Director Theng Fong Hee sold 31,640 shares of the business’s stock in a transaction on Friday, March 20th. The stock was sold at an average price of $50.96, for a total value of $1,612,374.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 49.40% of the company’s stock.

H World Group Company Profile

H World Group, formerly known as Huazhu Group, is a leading hotel management and franchising company primarily serving the China market. The company operates a broad portfolio of midscale to luxury hotel brands, including Hi Inn, Blossom, Manxin, Madison International, Joya, Grand Mercure, Novotel, Mercure and ibis. Through a network of both directly managed and franchised properties, H World Group caters to business and leisure travelers by offering consistent service standards and loyalty benefits across its brands.

In addition to its core hotel operations, H World Group provides technology-driven hospitality solutions such as centralized reservation systems, revenue management platforms and customer relationship management tools.