Rovida Advisors Inc. Makes New Investment in H World Group Limited Sponsored ADR $HTHT

Rovida Advisors Inc. bought a new stake in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 250,000 shares of the company’s stock, valued at approximately $8,480,000. H World Group accounts for 1.3% of Rovida Advisors Inc.’s investment portfolio, making the stock its 14th biggest position.

Several other institutional investors also recently added to or reduced their stakes in HTHT. USA Financial Formulas acquired a new position in H World Group during the 2nd quarter valued at $28,000. Brooklyn Investment Group bought a new stake in shares of H World Group in the first quarter valued at about $40,000. Hantz Financial Services Inc. increased its stake in H World Group by 575.7% during the second quarter. Hantz Financial Services Inc. now owns 1,446 shares of the company’s stock valued at $49,000 after acquiring an additional 1,232 shares during the period. Caitong International Asset Management Co. Ltd bought a new position in H World Group during the first quarter valued at about $51,000. Finally, PNC Financial Services Group Inc. raised its holdings in H World Group by 82.2% in the 2nd quarter. PNC Financial Services Group Inc. now owns 2,146 shares of the company’s stock valued at $73,000 after acquiring an additional 968 shares in the last quarter. 46.41% of the stock is owned by institutional investors.

H World Group Stock Performance

Shares of HTHT opened at $44.08 on Thursday. The stock has a market capitalization of $13.57 billion, a price-to-earnings ratio of 26.55, a PEG 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 simple moving average of $39.49 and a 200 day simple moving average 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.

Analyst Upgrades and Downgrades

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

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.