H World Group Limited Sponsored ADR $HTHT Shares Bought by Nordea Investment Management AB

Nordea Investment Management AB lifted its position in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 1.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 803,801 shares of the company’s stock after purchasing an additional 12,854 shares during the quarter. Nordea Investment Management AB owned 0.26% of H World Group worth $31,356,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. USA Financial Formulas purchased a new stake in H World Group during the second quarter worth $28,000. Hantz Financial Services Inc. raised its position in shares of H World Group by 575.7% in the second quarter. Hantz Financial Services Inc. now owns 1,446 shares of the company’s stock worth $49,000 after acquiring an additional 1,232 shares during the period. EverSource Wealth Advisors LLC boosted its stake in shares of H World Group by 81.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,450 shares of the company’s stock worth $49,000 after acquiring an additional 649 shares in the last quarter. PNC Financial Services Group Inc. grew its position in shares of H World Group by 82.2% during the 2nd quarter. PNC Financial Services Group Inc. now owns 2,146 shares of the company’s stock valued at $73,000 after acquiring an additional 968 shares during the period. Finally, Osaic Holdings Inc. increased its stake in shares of H World Group by 889.5% in the 2nd quarter. Osaic Holdings Inc. now owns 2,266 shares of the company’s stock valued at $77,000 after purchasing an additional 2,037 shares in the last quarter. 46.41% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have issued reports on HTHT shares. Benchmark increased their price target on H World Group from $48.00 to $52.00 and gave the stock a “buy” rating in a research report on Tuesday, November 18th. Zacks Research lowered H World Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 5th. Weiss Ratings reissued a “buy (b-)” rating on shares of H World Group in a research note on Monday, December 29th. HSBC upgraded shares of H World Group from a “hold” rating to a “buy” rating in a research report on Monday, October 27th. Finally, Wall Street Zen lowered shares of H World Group from a “buy” rating to a “hold” rating in a research report on Tuesday, January 6th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Buy” and an average price target of $42.13.

H World Group Stock Up 0.7%

NASDAQ HTHT opened at $49.35 on Thursday. The business has a fifty day moving average price of $47.07 and a 200 day moving average price of $39.79. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.84 and a current ratio of 0.85. The company has a market cap of $15.19 billion, a P/E ratio of 28.36, a P/E/G ratio of 1.14 and a beta of 0.14. H World Group Limited Sponsored ADR has a one year low of $30.20 and a one year high of $51.46.

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.