AIA Group Ltd Acquires 9,489 Shares of H World Group Limited (NASDAQ:HTHT)

AIA Group Ltd boosted its holdings in H World Group Limited (NASDAQ:HTHT) by 3.3% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 294,551 shares of the company’s stock after purchasing an additional 9,489 shares during the quarter. AIA Group Ltd owned about 0.09% of H World Group worth $11,399,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Schroder Investment Management Group grew its position in H World Group by 6.8% during the 4th quarter. Schroder Investment Management Group now owns 16,389,954 shares of the company’s stock valued at $548,080,000 after purchasing an additional 1,039,888 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of H World Group by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 8,432,587 shares of the company’s stock valued at $281,986,000 after buying an additional 27,629 shares during the last quarter. Federated Hermes Inc. increased its position in shares of H World Group by 20.7% during the fourth quarter. Federated Hermes Inc. now owns 2,229,079 shares of the company’s stock valued at $74,540,000 after acquiring an additional 382,538 shares in the last quarter. American Century Companies Inc. lifted its position in H World Group by 6.0% in the 3rd quarter. American Century Companies Inc. now owns 2,057,059 shares of the company’s stock valued at $81,110,000 after acquiring an additional 116,641 shares in the last quarter. Finally, Broad Peak Investment Holdings Ltd. boosted its stake in H World Group by 3.5% during the 1st quarter. Broad Peak Investment Holdings Ltd. now owns 1,408,801 shares of the company’s stock valued at $54,521,000 after purchasing an additional 48,000 shares during the last quarter. Institutional investors own 46.41% of the company’s stock.

H World Group Stock Up 2.0 %

Shares of H World Group stock traded up $0.63 during trading on Friday, hitting $32.80. 2,309,641 shares of the stock traded hands, compared to its average volume of 1,808,851. The company has a current ratio of 0.70, a quick ratio of 0.69 and a debt-to-equity ratio of 0.34. The stock’s fifty day simple moving average is $35.88 and its 200 day simple moving average is $35.90. H World Group Limited has a 52-week low of $30.20 and a 52-week high of $48.84. The firm has a market cap of $10.71 billion, a P/E ratio of 20.37, a price-to-earnings-growth ratio of 1.06 and a beta of 0.76.

H World Group (NASDAQ:HTHT) last issued its quarterly earnings results on Friday, May 17th. The company reported $0.29 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.03). The business had revenue of $731.00 million for the quarter. H World Group had a return on equity of 28.59% and a net margin of 16.47%. On average, equities analysts predict that H World Group Limited will post 1.88 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

HTHT has been the subject of several research analyst reports. JPMorgan Chase & Co. lifted their price objective on H World Group from $45.00 to $48.00 and gave the stock an “overweight” rating in a report on Tuesday, May 21st. Macquarie initiated coverage on shares of H World Group in a report on Friday, April 19th. They issued an “outperform” rating and a $48.00 target price on the stock. Benchmark reiterated a “buy” rating and set a $64.00 target price on shares of H World Group in a research note on Friday, March 22nd. Finally, CLSA assumed coverage on H World Group in a research report on Friday, April 26th. They set a “buy” rating and a $47.00 price objective for the company. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $50.00.

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.