H World Group Limited (NASDAQ:HTHT) Holdings Cut by Alberta Investment Management Corp

Alberta Investment Management Corp decreased its stake in H World Group Limited (NASDAQ:HTHT) by 14.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 236,747 shares of the company’s stock after selling 39,207 shares during the quarter. Alberta Investment Management Corp owned approximately 0.08% of H World Group worth $7,820,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Rhumbline Advisers lifted its position in H World Group by 2.3% in the 4th quarter. Rhumbline Advisers now owns 34,688 shares of the company’s stock worth $1,146,000 after buying an additional 791 shares in the last quarter. Asset Management One Co. Ltd. lifted its position in H World Group by 12.4% in the 4th quarter. Asset Management One Co. Ltd. now owns 32,242 shares of the company’s stock worth $1,077,000 after buying an additional 3,547 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in H World Group by 11.9% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 8,778 shares of the company’s stock worth $290,000 after buying an additional 936 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in H World Group by 109.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 251,056 shares of the company’s stock worth $8,292,000 after buying an additional 131,189 shares in the last quarter. Finally, abrdn plc lifted its position in H World Group by 1.6% in the 4th quarter. abrdn plc now owns 114,030 shares of the company’s stock worth $3,791,000 after buying an additional 1,751 shares in the last quarter. Hedge funds and other institutional investors own 46.41% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on HTHT shares. Benchmark cut their price target 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 downgraded shares of H World Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 4th. Finally, HSBC downgraded 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 report on Wednesday, February 5th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $44.40.

H World Group Stock Performance

Shares of HTHT opened at $37.58 on Thursday. The company has a market capitalization of $11.77 billion, a PE ratio of 22.78, a price-to-earnings-growth ratio of 1.26 and a beta of 0.70. H World Group Limited has a one year low of $27.03 and a one year 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 company’s fifty day moving average price is $32.83 and its 200 day moving average price is $33.43.

H World Group (NASDAQ:HTHT) last announced its earnings results on Tuesday, November 26th. The company reported $0.58 EPS for the quarter, missing the consensus estimate 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 prior year, the company posted $0.56 earnings per share. As a group, analysts expect that H World Group Limited will post 1.65 earnings per share for the current year.

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.