250,000 Shares in H World Group Limited Sponsored ADR $HTHT Acquired by Headwater Capital Co Ltd

Headwater Capital Co Ltd purchased a new position in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 250,000 shares of the company’s stock, valued at approximately $9,778,000. H World Group makes up about 2.4% of Headwater Capital Co Ltd’s investment portfolio, making the stock its 13th biggest holding. Headwater Capital Co Ltd owned 0.08% of H World Group at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the company. AQR Capital Management LLC lifted its stake in 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 in the last quarter. Ethic Inc. raised its holdings in shares of H World Group by 5.5% during the second quarter. Ethic Inc. now owns 7,125 shares of the company’s stock worth $244,000 after acquiring an additional 372 shares during the period. Y Intercept Hong Kong Ltd bought a new stake in H World Group in the 2nd quarter valued at $350,000. Hantz Financial Services Inc. boosted its stake in H World Group by 575.7% in the 2nd quarter. Hantz Financial Services Inc. now owns 1,446 shares of the company’s stock worth $49,000 after purchasing an additional 1,232 shares during the period. Finally, Strs Ohio bought a new position in H World Group during the 2nd quarter worth about $3,378,000. Institutional investors own 46.41% of the company’s stock.

H World Group Trading Down 0.1%

Shares of H World Group stock opened at $54.52 on Thursday. H World Group Limited Sponsored ADR has a 1 year low of $30.20 and a 1 year high of $55.50. The company has a market capitalization of $16.79 billion, a price-to-earnings ratio of 31.33, a P/E/G ratio of 1.27 and a beta of 0.16. The business has a fifty day simple moving average of $50.17 and a two-hundred day simple moving average of $43.61. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.85 and a quick ratio of 0.84.

Analyst Upgrades and Downgrades

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

H World Group Company 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.