APG Asset Management N.V. Has $4.23 Million Stock Position in H World Group Limited Sponsored ADR $HTHT

APG Asset Management N.V. lifted its stake in H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 146.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 108,093 shares of the company’s stock after buying an additional 64,300 shares during the period. APG Asset Management N.V.’s holdings in H World Group were worth $4,228,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Hantz Financial Services Inc. raised its holdings in shares of H World Group by 575.7% in the 2nd quarter. Hantz Financial Services Inc. now owns 1,446 shares of the company’s stock valued at $49,000 after purchasing an additional 1,232 shares during the period. EverSource Wealth Advisors LLC grew its holdings in H World Group by 81.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,450 shares of the company’s stock valued at $49,000 after buying an additional 649 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in shares of H World Group by 82.2% in the second quarter. PNC Financial Services Group Inc. now owns 2,146 shares of the company’s stock valued at $73,000 after acquiring an additional 968 shares in the last quarter. Osaic Holdings Inc. increased its holdings in shares of H World Group by 889.5% during the second quarter. Osaic Holdings Inc. now owns 2,266 shares of the company’s stock worth $77,000 after purchasing an additional 2,037 shares during the period. Finally, Tower Research Capital LLC TRC raised its holdings in H World Group by 1,307.3% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,716 shares of the company’s stock valued at $92,000 after acquiring an additional 2,523 shares in the last quarter. Institutional investors and hedge funds own 46.41% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Weiss Ratings restated a “buy (b-)” rating on shares of H World Group in a research note on Monday, December 29th. Wall Street Zen lowered shares of H World Group from a “buy” rating to a “hold” rating in a report on Saturday, February 14th. Benchmark increased their price objective on shares of H World Group from $48.00 to $52.00 and gave the company a “buy” rating in a research note on Tuesday, November 18th. Finally, Zacks Research lowered shares of H World Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 5th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $47.00.

H World Group Trading Down 3.7%

HTHT opened at $52.77 on Wednesday. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.85 and a quick ratio of 0.84. H World Group Limited Sponsored ADR has a fifty-two week low of $30.20 and a fifty-two week high of $56.63. The company’s 50 day moving average price is $50.64 and its two-hundred day moving average price is $44.30. The firm has a market capitalization of $16.25 billion, a price-to-earnings ratio of 30.33, a PEG ratio of 1.28 and a beta of 0.11.

About H World Group

H World Group, formerly known as Huazhu Group, is a leading hotel management and franchising company primarily serving the China market. The company operates a broad portfolio of midscale to luxury hotel brands, including Hi Inn, Blossom, Manxin, Madison International, Joya, Grand Mercure, Novotel, Mercure and ibis. Through a network of both directly managed and franchised properties, H World Group caters to business and leisure travelers by offering consistent service standards and loyalty benefits across its brands.

In addition to its core hotel operations, H World Group provides technology-driven hospitality solutions such as centralized reservation systems, revenue management platforms and customer relationship management tools.