National Pension Service Sells 1,128 Shares of H World Group Limited (NASDAQ:HTHT)

National Pension Service trimmed its holdings in H World Group Limited (NASDAQ:HTHT) by 2.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 56,258 shares of the company’s stock after selling 1,128 shares during the quarter. National Pension Service’s holdings in H World Group were worth $1,858,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Temasek Holdings Private Ltd acquired a new stake in H World Group in the third quarter worth about $81,840,000. Geode Capital Management LLC increased its position in H World Group by 0.9% in the third quarter. Geode Capital Management LLC now owns 1,285,870 shares of the company’s stock worth $47,455,000 after purchasing an additional 11,684 shares during the period. TT International Asset Management LTD acquired a new stake in H World Group in the third quarter worth about $24,915,000. Nordea Investment Management AB increased its position in H World Group by 11.2% in the fourth quarter. Nordea Investment Management AB now owns 508,422 shares of the company’s stock worth $16,961,000 after purchasing an additional 51,213 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. increased its position in H World Group by 6.0% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 507,892 shares of the company’s stock worth $18,894,000 after purchasing an additional 28,953 shares during the period. 46.41% of the stock is owned by institutional investors.

H World Group Price Performance

H World Group stock opened at $35.89 on Friday. The firm has a market capitalization of $11.25 billion, a P/E ratio of 21.75, a PEG ratio of 1.28 and a beta of 0.70. H World Group Limited has a 1 year low of $27.03 and a 1 year high of $42.98. The business has a 50-day moving average of $33.25 and a 200-day moving average of $33.80. The company has a current ratio of 0.88, a quick ratio of 0.87 and a debt-to-equity ratio of 0.60.

Analysts Set New Price Targets

A number of analysts recently commented on HTHT shares. Hsbc Global Res lowered 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 price objective for the company. in a research report on Wednesday, February 5th. Finally, Benchmark decreased their target price on 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. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $44.40.

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.