Monolith Management Ltd Purchases Shares of 129,636 H World Group Limited Sponsored ADR $HTHT

Monolith Management Ltd acquired a new stake in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 129,636 shares of the company’s stock, valued at approximately $6,099,000. H World Group makes up 2.3% of Monolith Management Ltd’s holdings, making the stock its 11th biggest holding.

Several other institutional investors also recently made changes to their positions in the stock. Strategic Global Advisors LLC purchased a new stake in shares of H World Group during the 4th quarter valued at $378,000. Vanguard Personalized Indexing Management LLC grew its stake in shares of H World Group by 21.7% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 11,416 shares of the company’s stock valued at $537,000 after buying an additional 2,032 shares during the period. Verition Fund Management LLC purchased a new stake in shares of H World Group during the 4th quarter valued at $1,151,000. Panagora Asset Management Inc. grew its stake in shares of H World Group by 10.0% during the 4th quarter. Panagora Asset Management Inc. now owns 276,517 shares of the company’s stock valued at $13,010,000 after buying an additional 25,124 shares during the period. Finally, Mariner LLC grew its stake in shares of H World Group by 16.1% during the 4th quarter. Mariner LLC now owns 6,797 shares of the company’s stock valued at $320,000 after buying an additional 944 shares during the period. 46.41% of the stock is owned by hedge funds and other institutional investors.

H World Group Stock Down 3.4%

Shares of H World Group stock opened at $43.35 on Wednesday. The company has a fifty day moving average price of $48.31 and a 200 day moving average price of $49.47. 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 twelve month low of $30.41 and a twelve month high of $56.63. The stock has a market cap of $13.33 billion, a price-to-earnings ratio of 19.44, a price-to-earnings-growth ratio of 1.24 and a beta of 0.11.

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

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on HTHT. Benchmark boosted their price objective on shares of H World Group from $52.00 to $60.00 and gave the company a “buy” rating in a research note on Thursday, March 19th. UBS Group raised shares of H World Group from a “neutral” rating to a “buy” rating and set a $62.40 price objective for the company in a research note on Monday, March 9th. Zacks Research cut shares of H World Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 4th. Weiss Ratings cut shares of H World Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, May 18th. Finally, Wall Street Zen cut shares of H World Group from a “buy” rating to a “hold” rating in a research report on Monday, June 8th. Three equities research 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, H World Group presently has an average rating of “Moderate Buy” and a consensus price target of $61.20.

Insiders Place Their Bets

In other H World Group news, Director Theng Fong Hee sold 31,640 shares of the company’s stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $50.96, for a total value of $1,612,374.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 49.40% of the stock is currently owned by insiders.

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.