WFM ASIA BVI Ltd Has $41.31 Million Stock Holdings in H World Group Limited Sponsored ADR $HTHT

WFM ASIA BVI Ltd cut its position in H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 65.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,056,294 shares of the company’s stock after selling 1,979,122 shares during the period. H World Group comprises 4.6% of WFM ASIA BVI Ltd’s portfolio, making the stock its 6th largest holding. WFM ASIA BVI Ltd’s holdings in H World Group were worth $41,312,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of HTHT. Hantz Financial Services Inc. increased its stake in H World Group by 575.7% in the 2nd quarter. Hantz Financial Services Inc. now owns 1,446 shares of the company’s stock worth $49,000 after buying an additional 1,232 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in H World Group by 81.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,450 shares of the company’s stock valued at $49,000 after purchasing an additional 649 shares during the period. PNC Financial Services Group Inc. lifted its holdings in H World Group by 82.2% in the 2nd quarter. PNC Financial Services Group Inc. now owns 2,146 shares of the company’s stock worth $73,000 after purchasing an additional 968 shares in the last quarter. Osaic Holdings Inc. boosted its stake in H World Group by 889.5% in the 2nd quarter. Osaic Holdings Inc. now owns 2,266 shares of the company’s stock worth $77,000 after purchasing an additional 2,037 shares during the period. Finally, Tower Research Capital LLC TRC boosted its stake in H World Group by 1,307.3% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,716 shares of the company’s stock worth $92,000 after purchasing an additional 2,523 shares during the period. 46.41% of the stock is currently owned by institutional investors.

H World Group Stock Up 2.8%

Shares of HTHT opened at $56.06 on Friday. The company has a quick ratio of 0.84, a current ratio of 0.85 and a debt-to-equity ratio of 0.32. The business has a fifty day moving average of $50.32 and a 200 day moving average of $43.70. The company has a market cap of $17.26 billion, a PE ratio of 32.22, a P/E/G ratio of 1.27 and a beta of 0.16. H World Group Limited Sponsored ADR has a 52-week low of $30.20 and a 52-week high of $56.64.

Analyst Upgrades and Downgrades

HTHT has been the topic of several recent analyst reports. Benchmark lifted their price objective on shares of H World Group from $48.00 to $52.00 and gave the company a “buy” rating in a research report on Tuesday, November 18th. Wall Street Zen downgraded shares of H World Group from a “buy” rating to a “hold” rating in a report on Saturday, February 14th. Zacks Research lowered H World Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 5th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of H World Group in a report on Monday, December 29th. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $47.00.

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.