5,100 Shares in H World Group Limited Sponsored ADR $HTHT Purchased by Raiffeisen Bank International AG

Raiffeisen Bank International AG purchased a new stake in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) in the second quarter, HoldingsChannel.com reports. The institutional investor purchased 5,100 shares of the company’s stock, valued at approximately $174,000.

Several other institutional investors have also added to or reduced their stakes in the company. Temasek Holdings Private Ltd raised its holdings in shares of H World Group by 66.5% during the 1st quarter. Temasek Holdings Private Ltd now owns 6,856,300 shares of the company’s stock worth $253,752,000 after acquiring an additional 2,738,772 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp grew its holdings in shares of H World Group by 42.8% in the second quarter. Mitsubishi UFJ Trust & Banking Corp now owns 5,606,258 shares of the company’s stock valued at $190,164,000 after purchasing an additional 1,679,440 shares in the last quarter. Generation Investment Management LLP increased its position in H World Group by 8.2% in the first quarter. Generation Investment Management LLP now owns 5,213,875 shares of the company’s stock worth $192,966,000 after purchasing an additional 395,042 shares during the last quarter. Keystone Investors PTE Ltd. raised its stake in H World Group by 1,280.0% during the first quarter. Keystone Investors PTE Ltd. now owns 1,901,589 shares of the company’s stock valued at $70,378,000 after purchasing an additional 1,763,789 shares in the last quarter. Finally, Nuveen LLC bought a new position in H World Group during the first quarter valued at $60,903,000. Hedge funds and other institutional investors own 46.41% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Hsbc Global Res upgraded shares of H World Group from a “hold” rating to a “strong-buy” rating in a report on Monday, October 27th. Zacks Research upgraded H World Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 7th. Wall Street Zen raised H World Group from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Benchmark raised their price objective on H World Group from $48.00 to $52.00 and gave the company a “buy” rating in a research note on Tuesday. Finally, HSBC raised H World Group from a “hold” rating to a “buy” rating in a research report on Monday, October 27th. Two analysts have rated the stock with a Strong Buy rating and five have given a Buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $42.13.

H World Group Stock Down 2.5%

Shares of HTHT opened at $44.08 on Thursday. The firm has a market capitalization of $13.57 billion, a P/E ratio of 26.55, a P/E/G ratio of 1.83 and a beta of 0.33. H World Group Limited Sponsored ADR has a 12-month low of $30.13 and a 12-month high of $45.90. The firm has a fifty day moving average price of $39.49 and a 200-day moving average price of $36.33. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.32.

H World Group Company Profile

H World Group Limited develops leased and owned, manachised, and franchised hotels in the People's Republic of China. The company operates hotels under its own brands, such as HanTing Hotel, Ni Hao Hotel, Hi Inn, Elan Hotel, Zleep Hotels, Ibis Hotel, JI Hotel, Orange Hotel, Starway Hotel, Ibis Styles Hotel, CitiGO Hotel, Crystal Orange Hotel, IntercityHotel, Manxin Hotel, Mercure Hotel, Madison Hotel, Novotel Hotel, Joya Hotel, Blossom House, Steigenberger Hotels & Resorts, MAXX by Steigenberger, Jaz in the City, Grand Mercure, Steigenberger Icon, and Song Hotels.