H World Group Limited (NASDAQ:HTHT) Shares Sold by E. Ohman J or Asset Management AB

E. Ohman J or Asset Management AB lowered its position in H World Group Limited (NASDAQ:HTHT) by 19.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,200 shares of the company’s stock after selling 3,900 shares during the quarter. E. Ohman J or Asset Management AB’s holdings in H World Group were worth $535,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Blue Trust Inc. lifted its position in shares of H World Group by 13.5% during the 4th quarter. Blue Trust Inc. now owns 5,467 shares of the company’s stock worth $181,000 after purchasing an additional 650 shares during the last quarter. Handelsbanken Fonder AB lifted its position in shares of H World Group by 1.4% during the 3rd quarter. Handelsbanken Fonder AB now owns 67,004 shares of the company’s stock worth $2,493,000 after purchasing an additional 950 shares during the last quarter. abrdn plc lifted its position in shares of H World Group by 1.6% during the 4th quarter. abrdn plc now owns 114,030 shares of the company’s stock worth $3,791,000 after purchasing an additional 1,751 shares during the last quarter. Creative Planning lifted its position in shares of H World Group by 22.6% during the 2nd quarter. Creative Planning now owns 12,964 shares of the company’s stock worth $432,000 after purchasing an additional 2,394 shares during the last quarter. Finally, Greenleaf Trust purchased a new stake in shares of H World Group during the 3rd quarter worth $210,000. Institutional investors and hedge funds own 46.41% of the company’s stock.

H World Group Price Performance

Shares of NASDAQ:HTHT opened at $30.73 on Thursday. The company’s fifty day moving average price is $32.59 and its 200 day moving average price is $33.12. H World Group Limited has a 12 month low of $27.03 and a 12 month high of $42.98. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.88 and a quick ratio of 0.87. The firm has a market capitalization of $9.63 billion, a P/E ratio of 18.62, a P/E/G ratio of 1.11 and a beta of 0.70.

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 earned $0.56 earnings per share. As a group, sell-side analysts predict that H World Group Limited will post 1.65 earnings per share for the current fiscal year.

Analysts Set New Price Targets

HTHT has been the subject of several recent analyst reports. Benchmark decreased their price objective 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. HSBC lowered shares of H World Group from a “buy” rating to a “hold” rating and set a $32.40 price target on the stock. in a research note on Wednesday. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, H World Group presently has a consensus rating of “Moderate Buy” and an average price target of $44.40.

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.