19,610 Shares in H World Group Limited Sponsored ADR $HTHT Acquired by Mediolanum International Funds Ltd

Mediolanum International Funds Ltd bought a new stake in H World Group Limited Sponsored ADR (NASDAQ:HTHT) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 19,610 shares of the company’s stock, valued at approximately $958,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of HTHT. Capital International Investors raised its stake in H World Group by 71.8% during the fourth quarter. Capital International Investors now owns 8,334,604 shares of the company’s stock worth $392,143,000 after purchasing an additional 3,483,760 shares during the period. Kontiki Capital Management HK Ltd. grew its stake in shares of H World Group by 49.6% during the 4th quarter. Kontiki Capital Management HK Ltd. now owns 3,703,788 shares of the company’s stock valued at $174,263,000 after buying an additional 1,228,617 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of H World Group by 359.1% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,137,700 shares of the company’s stock worth $44,495,000 after buying an additional 889,869 shares during the last quarter. True Light Capital Pte. Ltd. acquired a new stake in shares of H World Group during the 4th quarter worth $37,602,000. Finally, Capital International Inc. CA raised its position in shares of H World Group by 406.9% in the 4th quarter. Capital International Inc. CA now owns 840,173 shares of the company’s stock worth $39,530,000 after buying an additional 674,438 shares during the period. Institutional investors and hedge funds own 46.41% of the company’s stock.

H World Group Price Performance

HTHT opened at $40.00 on Wednesday. H World Group Limited Sponsored ADR has a 52-week low of $30.41 and a 52-week high of $56.63. The company has a 50 day moving average of $43.47 and a two-hundred day moving average of $48.45. The company has a market cap of $12.30 billion, a P/E ratio of 17.94, a P/E/G ratio of 1.15 and a beta of 0.13. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.49.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on HTHT. Wall Street Zen upgraded H World Group from a “hold” rating to a “buy” rating in a report on Sunday, July 12th. Zacks Research lowered H World Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 4th. Finally, Weiss Ratings downgraded H World Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, May 18th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $61.20.

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.