166,166 Shares in H World Group Limited Sponsored ADR $HTHT Purchased by Barings LLC

Barings LLC bought a new stake in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) during the 1st quarter, Holdings Channel.com reports. The institutional investor bought 166,166 shares of the company’s stock, valued at approximately $8,356,000.

A number of other large investors also recently added to or reduced their stakes in the business. iA Global Asset Management Inc. boosted its stake in H World Group by 20.1% in the 4th quarter. iA Global Asset Management Inc. now owns 1,653 shares of the company’s stock worth $78,000 after purchasing an additional 277 shares during the period. Federation des caisses Desjardins du Quebec lifted its holdings in shares of H World Group by 5.2% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 9,899 shares of the company’s stock worth $466,000 after buying an additional 486 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in H World Group by 81.0% during the second quarter. EverSource Wealth Advisors LLC now owns 1,450 shares of the company’s stock valued at $49,000 after acquiring an additional 649 shares in the last quarter. Macquarie Group Ltd. increased its holdings in H World Group by 5.3% in the 4th quarter. Macquarie Group Ltd. now owns 17,056 shares of the company’s stock valued at $802,000 after acquiring an additional 859 shares during the last quarter. Finally, Public Sector Pension Investment Board increased its holdings in H World Group by 1.3% in the 4th quarter. Public Sector Pension Investment Board now owns 70,753 shares of the company’s stock valued at $3,329,000 after acquiring an additional 900 shares during the last quarter. 46.41% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have commented on HTHT. Benchmark increased their price objective on shares of H World Group from $52.00 to $60.00 and gave the company a “buy” rating in a report on Thursday, March 19th. Zacks Research cut H World Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 4th. Weiss Ratings downgraded H World Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, May 18th. Finally, Wall Street Zen raised H World Group from a “hold” rating to a “buy” rating in a report on Sunday, July 12th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $61.20.

H World Group Stock Up 0.0%

Shares of NASDAQ:HTHT opened at $42.68 on Friday. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.49. H World Group Limited Sponsored ADR has a 12 month low of $30.41 and a 12 month high of $56.63. The company has a 50-day moving average price of $43.86 and a 200 day moving average price of $48.59. The company has a market cap of $13.12 billion, a price-to-earnings ratio of 19.14, a PEG ratio of 1.18 and a beta of 0.13.

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.