XY Capital Ltd Boosts Holdings in H World Group Limited Sponsored ADR $HTHT

XY Capital Ltd lifted its holdings in H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 38.4% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 56,865 shares of the company’s stock after purchasing an additional 15,788 shares during the period. H World Group makes up 2.8% of XY Capital Ltd’s holdings, making the stock its 12th biggest holding. XY Capital Ltd’s holdings in H World Group were worth $2,860,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Parallel Advisors LLC lifted its holdings in H World Group by 16.7% during the 1st quarter. Parallel Advisors LLC now owns 1,773 shares of the company’s stock worth $89,000 after buying an additional 254 shares in the last quarter. iA Global Asset Management Inc. grew its stake in shares of H World Group by 20.1% in the fourth quarter. iA Global Asset Management Inc. now owns 1,653 shares of the company’s stock worth $78,000 after acquiring an additional 277 shares in the last quarter. Federation des caisses Desjardins du Quebec grew its stake in shares of H World Group by 5.2% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 9,899 shares of the company’s stock worth $466,000 after acquiring an additional 486 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in shares of H World Group by 81.0% during the second quarter. EverSource Wealth Advisors LLC now owns 1,450 shares of the company’s stock worth $49,000 after acquiring an additional 649 shares during the period. Finally, PNC Financial Services Group Inc. increased its position in shares of H World Group by 21.7% during the first quarter. PNC Financial Services Group Inc. now owns 4,062 shares of the company’s stock worth $204,000 after acquiring an additional 723 shares during the period. 46.41% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have recently issued reports on HTHT. Zacks Research lowered H World Group from a “strong-buy” rating to a “hold” rating in a report 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. Finally, Wall Street Zen upgraded H World Group from a “hold” rating to a “buy” rating in a report on Sunday, July 12th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, H World Group currently has an average rating of “Moderate Buy” and a consensus target price of $61.20.

H World Group Stock Down 3.7%

Shares of H World Group stock opened at $40.00 on Wednesday. H World Group Limited Sponsored ADR has a 52-week low of $30.41 and a 52-week high of $56.63. The company has a 50 day moving average of $43.47 and a 200 day moving average of $48.45. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.49. The company has a market capitalization of $12.30 billion, a P/E ratio of 17.94, a P/E/G ratio of 1.15 and a beta of 0.13.

H World Group 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.