H World Group Limited Sponsored ADR $HTHT Stock Holdings Lifted by Legal & General Group Plc

Legal & General Group Plc raised its position in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 5.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,157,049 shares of the company’s stock after purchasing an additional 60,323 shares during the period. Legal & General Group Plc owned 0.38% of H World Group worth $39,247,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. USA Financial Formulas acquired a new position in H World Group in the second quarter worth approximately $28,000. Brooklyn Investment Group acquired a new stake in H World Group in the first quarter valued at approximately $40,000. Hantz Financial Services Inc. grew its position in H World Group by 575.7% in the second quarter. Hantz Financial Services Inc. now owns 1,446 shares of the company’s stock worth $49,000 after acquiring an additional 1,232 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in shares of H World Group during the 1st quarter worth $51,000. Finally, PNC Financial Services Group Inc. increased its stake in shares of H World Group by 82.2% during the 2nd quarter. PNC Financial Services Group Inc. now owns 2,146 shares of the company’s stock worth $73,000 after purchasing an additional 968 shares during the last quarter. 46.41% of the stock is currently owned by institutional investors and hedge funds.

H World Group Trading Up 0.8%

Shares of NASDAQ:HTHT opened at $46.56 on Thursday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.81 and a current ratio of 0.81. The stock’s 50-day moving average is $40.30 and its 200-day moving average is $36.64. The company has a market cap of $14.34 billion, a P/E ratio of 28.05, a P/E/G ratio of 1.83 and a beta of 0.33. H World Group Limited Sponsored ADR has a 52-week low of $30.13 and a 52-week high of $46.77.

Analyst Ratings Changes

A number of brokerages recently issued reports on HTHT. Zacks Research upgraded shares of H World Group from a “hold” rating to a “strong-buy” rating in a report on Friday, November 7th. Benchmark boosted their price target on H World Group from $48.00 to $52.00 and gave the stock a “buy” rating in a research report on Tuesday, November 18th. Wall Street Zen downgraded H World Group from a “buy” rating to a “hold” rating in a research note on Saturday, November 22nd. HSBC raised H World Group from a “hold” rating to a “buy” rating in a research note on Monday, October 27th. Finally, Weiss Ratings cut H World Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday. Two equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, H World Group currently has an average rating of “Buy” and a consensus price target of $42.13.

About H World Group

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.