Diversified Trust Co Buys Shares of 33,302 H World Group Limited Sponsored ADR $HTHT

Diversified Trust Co bought a new stake in H World Group Limited Sponsored ADR (NASDAQ:HTHT) during the first quarter, HoldingsChannel.com reports. The fund bought 33,302 shares of the company’s stock, valued at approximately $1,675,000.

Several other hedge funds also recently modified their holdings of the company. AQR Capital Management LLC raised its position in shares of H World Group by 11.2% in the first quarter. AQR Capital Management LLC now owns 9,319 shares of the company’s stock valued at $338,000 after buying an additional 936 shares during the last quarter. Norges Bank purchased a new stake in H World Group in the 2nd quarter worth approximately $888,000. EverSource Wealth Advisors LLC grew its stake 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 worth $49,000 after acquiring an additional 649 shares during the period. First Trust Advisors LP acquired a new position in H World Group in the 2nd quarter valued at $2,881,000. Finally, Jump Financial LLC acquired a new position in H World Group in the 2nd quarter valued at $651,000. 46.41% of the stock is owned by institutional investors and hedge funds.

H World Group Price Performance

H World Group stock opened at $42.41 on Tuesday. H World Group Limited Sponsored ADR has a 1 year low of $30.41 and a 1 year high of $56.63. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.93 and a current ratio of 0.93. The firm has a 50 day moving average price of $47.51 and a 200 day moving average price of $49.36. The company has a market cap of $13.04 billion, a price-to-earnings ratio of 19.02, a PEG ratio of 1.17 and a beta of 0.11.

H World Group (NASDAQ:HTHT) last posted its quarterly earnings results on Saturday, February 14th. The company reported $0.06 earnings per share for the quarter. The company had revenue of $932.62 million for the quarter. H World Group had a net margin of 19.22% and a return on equity of 39.73%. Sell-side analysts predict that H World Group Limited Sponsored ADR will post 2.47 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. UBS Group raised H World Group from a “neutral” rating to a “buy” rating and set a $62.40 price target on the stock in a research note on Monday, March 9th. Weiss Ratings downgraded H World Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, May 18th. Zacks Research lowered H World Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 4th. Benchmark increased their target price on H World Group from $52.00 to $60.00 and gave the stock a “buy” rating in a research report on Thursday, March 19th. Finally, Wall Street Zen lowered H World Group from a “buy” rating to a “hold” rating in a research note on Monday, June 8th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $61.20.

H World Group Profile

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.