Fiera Capital Corp Raises Stock Position in H World Group Limited Sponsored ADR (NASDAQ:HTHT)

Fiera Capital Corp lifted its stake in H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 20.3% in the 1st quarter, HoldingsChannel reports. The firm owned 115,497 shares of the company’s stock after buying an additional 19,471 shares during the quarter. Fiera Capital Corp’s holdings in H World Group were worth $4,275,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. lifted its position in H World Group by 4,554.2% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 11,684,748 shares of the company’s stock valued at $432,453,000 after buying an additional 11,433,692 shares during the period. Capital Research Global Investors bought a new position in shares of H World Group in the 4th quarter worth about $307,715,000. Temasek Holdings Private Ltd lifted its position in H World Group by 87.2% during the 4th quarter. Temasek Holdings Private Ltd now owns 4,117,528 shares of the company’s stock valued at $136,002,000 after acquiring an additional 1,917,528 shares during the period. Nuveen Asset Management LLC boosted its stake in H World Group by 625.5% during the fourth quarter. Nuveen Asset Management LLC now owns 2,136,770 shares of the company’s stock worth $70,578,000 after acquiring an additional 1,842,244 shares in the last quarter. Finally, Capital International Investors grew its holdings in H World Group by 18.4% in the fourth quarter. Capital International Investors now owns 9,334,577 shares of the company’s stock worth $308,321,000 after purchasing an additional 1,452,364 shares during the period. Institutional investors own 46.41% of the company’s stock.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. lowered their target price on shares of H World Group from $43.00 to $42.00 and set an “overweight” rating for the company in a report on Wednesday, May 21st. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $40.80.

H World Group Trading Down 1.6%

NASDAQ HTHT opened at $31.82 on Thursday. H World Group Limited Sponsored ADR has a 12 month low of $27.03 and a 12 month high of $42.98. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.69. The stock’s fifty day moving average price is $34.08 and its 200-day moving average price is $34.67. The stock has a market cap of $9.77 billion, a P/E ratio of 22.10, a P/E/G ratio of 1.22 and a beta of 0.46.

H World Group 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.