Central Asset Investments & Management Holdings HK Ltd Invests $1.60 Million in H World Group Limited (NASDAQ:HTHT)

Central Asset Investments & Management Holdings HK Ltd bought a new stake in H World Group Limited (NASDAQ:HTHT) in the 4th quarter, Holdings Channel reports. The fund bought 48,360 shares of the company’s stock, valued at approximately $1,597,000. H World Group accounts for 1.0% of Central Asset Investments & Management Holdings HK Ltd’s holdings, making the stock its 26th biggest position.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Blue Trust Inc. raised its holdings in H World Group by 13.5% in the fourth quarter. Blue Trust Inc. now owns 5,467 shares of the company’s stock valued at $181,000 after acquiring an additional 650 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in H World Group by 11.9% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 8,778 shares of the company’s stock valued at $290,000 after buying an additional 936 shares in the last quarter. Point72 Hong Kong Ltd bought a new position in H World Group during the 3rd quarter worth approximately $418,000. B. Metzler seel. Sohn & Co. Holding AG acquired a new position in shares of H World Group in the 3rd quarter worth approximately $450,000. Finally, Public Employees Retirement System of Ohio acquired a new position in H World Group in the third quarter worth $489,000. 46.41% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

HTHT has been the topic of a number of recent research reports. Benchmark cut their target price on shares of H World Group from $53.00 to $48.00 and set a “buy” rating on the stock in a report on Wednesday, November 27th. Hsbc Global Res cut H World Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 4th. Finally, HSBC lowered shares of H World Group from a “buy” rating to a “hold” rating and set a $32.40 price target for the company. in a research report on Wednesday, February 5th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $44.40.

H World Group Price Performance

Shares of NASDAQ HTHT opened at $36.99 on Thursday. The stock has a market cap of $11.59 billion, a P/E ratio of 22.42, a P/E/G ratio of 1.28 and a beta of 0.70. The firm’s 50-day simple moving average is $33.14 and its 200 day simple moving average is $33.71. H World Group Limited has a fifty-two week low of $27.03 and a fifty-two week high of $42.98. The company has a quick ratio of 0.87, a current ratio of 0.88 and a debt-to-equity ratio of 0.60.

H World Group (NASDAQ:HTHT) last posted its quarterly earnings data on Tuesday, November 26th. The company reported $0.58 EPS for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.09). H World Group had a net margin of 15.97% and a return on equity of 30.41%. During the same quarter last year, the business posted $0.56 EPS. Equities analysts expect that H World Group Limited will post 1.65 EPS for the current year.

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.