Central Asset Investments & Management Holdings HK Ltd Makes New Investment in H World Group Limited (NASDAQ:HTHT)

Central Asset Investments & Management Holdings HK Ltd purchased a new stake in H World Group Limited (NASDAQ:HTHT) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 48,360 shares of the company’s stock, valued at approximately $1,597,000. H World Group accounts for about 1.0% of Central Asset Investments & Management Holdings HK Ltd’s holdings, making the stock its 26th biggest holding.

A number of other hedge funds and other institutional investors also recently bought and sold shares of HTHT. Fiera Capital Corp grew its holdings in shares of H World Group by 87.1% in the 3rd quarter. Fiera Capital Corp now owns 56,213 shares of the company’s stock worth $2,091,000 after acquiring an additional 26,175 shares during the period. Headwater Capital Co Ltd acquired a new position in H World Group during the fourth quarter worth about $9,909,000. Mirae Asset Global Investments Co. Ltd. raised its position in H World Group by 109.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 251,056 shares of the company’s stock worth $8,292,000 after acquiring an additional 131,189 shares during the last quarter. Nordea Investment Management AB lifted its holdings in shares of H World Group by 11.2% in the fourth quarter. Nordea Investment Management AB now owns 508,422 shares of the company’s stock valued at $16,961,000 after purchasing an additional 51,213 shares in the last quarter. Finally, TT International Asset Management LTD acquired a new stake in H World Group during the 3rd quarter valued at $24,915,000. Institutional investors and hedge funds own 46.41% of the company’s stock.

H World Group Stock Performance

H World Group stock opened at $36.99 on Thursday. The company has a market cap of $11.59 billion, a price-to-earnings ratio of 22.42, a price-to-earnings-growth ratio of 1.28 and a beta of 0.70. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.88 and a quick ratio of 0.87. H World Group Limited has a 12 month low of $27.03 and a 12 month high of $42.98. The stock’s 50-day moving average is $33.14 and its 200-day moving average is $33.71.

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

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on HTHT shares. Hsbc Global Res lowered shares of H World Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 4th. HSBC lowered H World Group from a “buy” rating to a “hold” rating and set a $32.40 target price for the company. in a research note on Wednesday, February 5th. Finally, Benchmark cut their price objective 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. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $44.40.

About H World Group

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.