Vestmark Advisory Solutions Inc. Takes $221,000 Position in H World Group Limited (NASDAQ:HTHT)

Vestmark Advisory Solutions Inc. acquired a new position in H World Group Limited (NASDAQ:HTHT) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 6,597 shares of the company’s stock, valued at approximately $221,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in HTHT. ABS Direct Equity Fund LLC purchased a new stake in H World Group during the 4th quarter worth approximately $2,300,000. Victory Capital Management Inc. grew its holdings in shares of H World Group by 1.5% during the fourth quarter. Victory Capital Management Inc. now owns 931,431 shares of the company’s stock valued at $31,147,000 after buying an additional 13,466 shares during the last quarter. New York State Common Retirement Fund increased its position in shares of H World Group by 6.7% in the 4th quarter. New York State Common Retirement Fund now owns 597,681 shares of the company’s stock valued at $19,986,000 after acquiring an additional 37,766 shares during the period. AIA Group Ltd raised its stake in H World Group by 5.8% in the 4th quarter. AIA Group Ltd now owns 285,062 shares of the company’s stock worth $9,532,000 after acquiring an additional 15,502 shares during the last quarter. Finally, Federated Hermes Inc. grew its stake in H World Group by 20.7% during the 4th quarter. Federated Hermes Inc. now owns 2,229,079 shares of the company’s stock valued at $74,540,000 after purchasing an additional 382,538 shares during the last quarter. 46.41% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on HTHT shares. CLSA began coverage on H World Group in a research note on Friday, April 26th. They issued a “buy” rating and a $47.00 price objective for the company. Macquarie began coverage on shares of H World Group in a research note on Friday, April 19th. They set an “outperform” rating and a $48.00 price objective for the company. Benchmark reaffirmed a “buy” rating and issued a $64.00 price objective on shares of H World Group in a report on Friday, March 22nd. Bank of America reduced their target price on shares of H World Group from $51.00 to $43.00 and set a “buy” rating for the company in a report on Wednesday, March 13th. Finally, JPMorgan Chase & Co. boosted their target price on shares of H World Group from $40.00 to $45.00 and gave the company an “overweight” rating in a research report on Friday, March 22nd. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $49.40.

H World Group Price Performance

NASDAQ:HTHT opened at $40.17 on Wednesday. The company has a 50 day moving average price of $38.33 and a 200-day moving average price of $35.93. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.69 and a quick ratio of 0.69. H World Group Limited has a 1-year low of $30.20 and a 1-year high of $48.84. The firm has a market cap of $13.12 billion, a price-to-earnings ratio of 22.82, a price-to-earnings-growth ratio of 1.36 and a beta of 0.93.

H World Group (NASDAQ:HTHT) last announced its quarterly earnings results on Wednesday, March 20th. The company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.02. The firm had revenue of $786.00 million during the quarter, compared to analyst estimates of $759.99 million. H World Group had a return on equity of 31.50% and a net margin of 18.62%. Equities research analysts forecast that H World Group Limited will post 1.94 EPS for the current year.

About H World Group

H World Group Limited, together with its subsidiaries, develops leased and owned, manachised, and franchised hotels primarily 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.