Temasek Holdings Private Ltd Sells 1,325,331 Shares of H World Group Limited Sponsored ADR $HTHT

Temasek Holdings Private Ltd lowered its position in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 21.2% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,915,379 shares of the company’s stock after selling 1,325,331 shares during the quarter. Temasek Holdings Private Ltd owned 1.60% of H World Group worth $192,240,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Schroder Investment Management Group raised its holdings in shares of H World Group by 95.0% in the second quarter. Schroder Investment Management Group now owns 12,487,444 shares of the company’s stock valued at $423,574,000 after purchasing an additional 6,082,369 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp boosted its holdings in H World Group by 43.2% during the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 8,026,731 shares of the company’s stock worth $313,925,000 after purchasing an additional 2,420,473 shares during the last quarter. Capital International Investors boosted its holdings in H World Group by 65.2% during the third quarter. Capital International Investors now owns 4,850,844 shares of the company’s stock worth $189,717,000 after purchasing an additional 1,913,672 shares during the last quarter. WFM ASIA BVI Ltd grew its position in H World Group by 65.8% in the second quarter. WFM ASIA BVI Ltd now owns 3,035,416 shares of the company’s stock valued at $102,961,000 after purchasing an additional 1,204,300 shares in the last quarter. Finally, Serenity Capital Management PTE. LTD. increased its stake in H World Group by 126.0% in the 3rd quarter. Serenity Capital Management PTE. LTD. now owns 1,274,391 shares of the company’s stock valued at $49,841,000 after buying an additional 710,431 shares during the last quarter. 46.41% of the stock is owned by institutional investors.

H World Group Stock Performance

NASDAQ HTHT opened at $50.52 on Friday. The firm has a market capitalization of $15.55 billion, a P/E ratio of 29.03, a price-to-earnings-growth ratio of 1.15 and a beta of 0.11. The company has a current ratio of 0.85, a quick ratio of 0.84 and a debt-to-equity ratio of 0.32. The firm’s fifty day moving average price is $51.24 and its two-hundred day moving average price is $45.11. H World Group Limited Sponsored ADR has a 1 year low of $30.20 and a 1 year high of $56.63.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Wall Street Zen raised shares of H World Group from a “hold” rating to a “buy” rating in a research report on Saturday, March 7th. Benchmark lifted their target price on H World Group from $48.00 to $52.00 and gave the company a “buy” rating in a research report on Tuesday, November 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 report on Monday, March 9th. Zacks Research cut H World Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 5th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of H World Group in a research note on Monday, December 29th. Six equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $52.13.

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.