H World Group Limited Sponsored ADR $HTHT Stock Holdings Trimmed by Swiss National Bank

Swiss National Bank lowered its position in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 11.5% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 387,009 shares of the company’s stock after selling 50,400 shares during the quarter. Swiss National Bank’s holdings in H World Group were worth $19,463,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of HTHT. TD Private Client Wealth LLC acquired a new position in shares of H World Group in the 4th quarter worth approximately $45,000. EverSource Wealth Advisors LLC raised its position in shares of H World Group by 81.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,450 shares of the company’s stock valued at $49,000 after acquiring an additional 649 shares in the last quarter. iA Global Asset Management Inc. raised its position in shares of H World Group by 20.1% during the 4th quarter. iA Global Asset Management Inc. now owns 1,653 shares of the company’s stock valued at $78,000 after acquiring an additional 277 shares in the last quarter. Summit Securities Group LLC acquired a new stake in shares of H World Group during the 1st quarter valued at approximately $85,000. Finally, Caitong International Asset Management Co. Ltd bought a new position in H World Group during the third quarter worth $66,000. Institutional investors and hedge funds own 46.41% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on HTHT shares. Wall Street Zen raised shares of H World Group from a “hold” rating to a “buy” rating in a report on Sunday, July 12th. Zacks Research cut shares of H World Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 4th. Finally, Weiss Ratings downgraded shares of H World Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, May 18th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $61.20.

H World Group Stock Performance

Shares of HTHT stock opened at $40.47 on Friday. The company has a market cap of $12.45 billion, a P/E ratio of 18.15, a PEG ratio of 1.14 and a beta of 0.13. The business has a 50 day moving average of $43.13 and a two-hundred day moving average of $48.30. 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 quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.49.

H World Group 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.