Voya Investment Management LLC increased its stake in H World Group Limited (NASDAQ:HTHT – Free Report) by 24.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,061 shares of the company’s stock after purchasing an additional 2,737 shares during the quarter. Voya Investment Management LLC’s holdings in H World Group were worth $464,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also recently bought and sold shares of HTHT. Blue Trust Inc. raised its holdings in shares of H World Group by 13.5% during the fourth quarter. Blue Trust Inc. now owns 5,467 shares of the company’s stock valued at $181,000 after acquiring an additional 650 shares during the period. DnB Asset Management AS raised its stake in H World Group by 5.6% during the 4th quarter. DnB Asset Management AS now owns 14,691 shares of the company’s stock valued at $485,000 after purchasing an additional 784 shares during the period. Rhumbline Advisers lifted its holdings in shares of H World Group by 2.3% in the fourth quarter. Rhumbline Advisers now owns 34,688 shares of the company’s stock valued at $1,146,000 after purchasing an additional 791 shares in the last quarter. US Bancorp DE boosted its position in shares of H World Group by 21.2% in the fourth quarter. US Bancorp DE now owns 4,839 shares of the company’s stock worth $160,000 after buying an additional 845 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in shares of H World Group by 11.9% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 8,778 shares of the company’s stock valued at $290,000 after buying an additional 936 shares in the last quarter. Institutional investors and hedge funds own 46.41% of the company’s stock.
H World Group Stock Performance
Shares of HTHT stock opened at $37.59 on Friday. H World Group Limited has a fifty-two week low of $27.03 and a fifty-two week high of $42.98. The stock’s 50-day moving average is $35.59 and its two-hundred day moving average is $34.70. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.88 and a quick ratio of 0.87. The firm has a market cap of $11.54 billion, a P/E ratio of 22.78, a PEG ratio of 1.28 and a beta of 0.45.
H World Group Increases Dividend
Wall Street Analysts Forecast Growth
Several equities research analysts recently issued reports on HTHT shares. HSBC downgraded H World Group from a “buy” rating to a “hold” rating and set a $32.40 price objective for the company. in a research note on Wednesday, February 5th. Hsbc Global Res cut shares of H World Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 4th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of H World Group in a research report on Monday, March 31st. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $42.80.
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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.
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