Jane Street Group LLC Sells 133,857 Shares of H World Group Limited (NASDAQ:HTHT)

Jane Street Group LLC decreased its holdings in shares of H World Group Limited (NASDAQ:HTHT) by 76.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 40,703 shares of the company’s stock after selling 133,857 shares during the quarter. Jane Street Group LLC’s holdings in H World Group were worth $1,514,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the stock. Bank of New York Mellon Corp raised its stake in shares of H World Group by 30.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 215,003 shares of the company’s stock valued at $7,164,000 after purchasing an additional 50,128 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its holdings in shares of H World Group by 104.2% in the second quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 20,782 shares of the company’s stock worth $692,000 after buying an additional 10,605 shares in the last quarter. Van ECK Associates Corp boosted its position in shares of H World Group by 47,317.1% in the second quarter. Van ECK Associates Corp now owns 97,205 shares of the company’s stock valued at $3,239,000 after acquiring an additional 97,000 shares during the period. Fiera Capital Corp grew its stake in H World Group by 41.2% during the second quarter. Fiera Capital Corp now owns 30,038 shares of the company’s stock valued at $1,001,000 after acquiring an additional 8,758 shares in the last quarter. Finally, Candriam S.C.A. bought a new stake in H World Group during the 2nd quarter worth approximately $616,000. Hedge funds and other institutional investors own 46.41% of the company’s stock.

Analyst Ratings Changes

Separately, Benchmark reduced their price target on shares of H World Group from $53.00 to $48.00 and set a “buy” rating for the company in a research report on Wednesday, November 27th. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $46.80.

H World Group Stock Up 0.3 %

HTHT stock opened at $34.01 on Friday. The company’s 50 day moving average is $35.29 and its 200 day moving average is $33.33. The stock has a market cap of $11.11 billion, a price-to-earnings ratio of 20.61, a price-to-earnings-growth ratio of 1.09 and a beta of 0.74. The company has a current ratio of 0.88, a quick ratio of 0.87 and a debt-to-equity ratio of 0.60. H World Group Limited has a 1-year low of $27.03 and a 1-year high of $42.98.

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.