Headwater Capital Co Ltd Sells 50,000 Shares of H World Group Limited Sponsored ADR $HTHT

Headwater Capital Co Ltd decreased its holdings in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 20.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 200,000 shares of the company’s stock after selling 50,000 shares during the period. H World Group accounts for about 1.4% of Headwater Capital Co Ltd’s portfolio, making the stock its 14th biggest position. Headwater Capital Co Ltd owned 0.06% of H World Group worth $9,410,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. TD Private Client Wealth LLC acquired a new position in H World Group during the 4th quarter worth approximately $45,000. 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 worth $49,000 after buying an additional 649 shares during the period. Caitong International Asset Management Co. Ltd acquired a new position in H World Group during the 3rd quarter worth approximately $66,000. Osaic Holdings Inc. raised its stake in H World Group by 889.5% during the 2nd quarter. Osaic Holdings Inc. now owns 2,266 shares of the company’s stock worth $77,000 after buying an additional 2,037 shares during the period. Finally, iA Global Asset Management Inc. raised its stake in H World Group by 20.1% during the 4th quarter. iA Global Asset Management Inc. now owns 1,653 shares of the company’s stock worth $78,000 after buying an additional 277 shares during the period. Institutional investors own 46.41% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on HTHT shares. Weiss Ratings downgraded H World Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, May 18th. Zacks Research downgraded H World Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 4th. Wall Street Zen downgraded H World Group from a “buy” rating to a “hold” rating in a research note on Monday, June 8th. UBS Group raised H World Group from a “neutral” rating to a “buy” rating and set a $62.40 price target on the stock in a research note on Monday, March 9th. Finally, Benchmark upped their price target on H World Group from $52.00 to $60.00 and gave the stock a “buy” rating in a research note on Thursday, March 19th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $61.20.

Insider Activity at H World Group

In other news, Director Theng Fong Hee sold 31,640 shares of the stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $50.96, for a total value of $1,612,374.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 49.40% of the stock is currently owned by company insiders.

H World Group Stock Performance

Shares of H World Group stock opened at $43.35 on Wednesday. The company has a market cap of $13.33 billion, a PE ratio of 19.44, a price-to-earnings-growth ratio of 1.24 and a beta of 0.11. H World Group Limited Sponsored ADR has a 52 week low of $30.41 and a 52 week high of $56.63. The business has a 50 day moving average price of $48.31 and a 200-day moving average price of $49.47. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.49.

H World Group (NASDAQ:HTHT) last issued its quarterly earnings data on Saturday, February 14th. The company reported $0.06 EPS for the quarter. The firm had revenue of $932.62 million during the quarter. H World Group had a return on equity of 39.73% and a net margin of 19.22%. Equities analysts anticipate that H World Group Limited Sponsored ADR will post 2.47 earnings per share for the current fiscal year.

About H World Group

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.