Capitolis Liquid Global Markets LLC Acquires New Position in H World Group Limited Sponsored ADR $HTHT

Capitolis Liquid Global Markets LLC acquired a new stake in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) during the 3rd quarter, Holdings Channel.com reports. The fund acquired 2,228,400 shares of the company’s stock, valued at approximately $87,153,000.

Other large investors also recently bought and sold shares of the company. EverSource Wealth Advisors LLC grew its position in shares of 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 in the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of H World Group by 82.2% in the 2nd 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 during the last quarter. Osaic Holdings Inc. raised its position in shares of H World Group by 889.5% during the 2nd quarter. Osaic Holdings Inc. now owns 2,266 shares of the company’s stock valued at $77,000 after acquiring an additional 2,037 shares in the last quarter. Tower Research Capital LLC TRC lifted its stake in H World Group by 1,307.3% during the second quarter. Tower Research Capital LLC TRC now owns 2,716 shares of the company’s stock worth $92,000 after purchasing an additional 2,523 shares during the last quarter. Finally, Raiffeisen Bank International AG bought a new position in H World Group during the second quarter worth $174,000. Institutional investors own 46.41% of the company’s stock.

Analyst Ratings Changes

Several research firms have weighed in on HTHT. Wall Street Zen lowered shares of H World Group from a “buy” rating to a “hold” rating in a research note on Sunday. Zacks Research downgraded shares of H World Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 5th. Benchmark lifted their price target on shares of H World Group from $48.00 to $52.00 and gave the company a “buy” rating in a report on Tuesday, November 18th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of H World Group in a research report on Monday, December 29th. Finally, UBS Group upgraded shares of H World Group from a “neutral” rating to a “buy” rating and set a $62.40 price objective on the stock in a research note on Monday, March 9th. Six investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $52.13.

H World Group Trading Down 1.3%

NASDAQ:HTHT opened at $50.52 on Friday. The firm has a market capitalization of $15.55 billion, a P/E ratio of 29.03, a P/E/G ratio of 1.13 and a beta of 0.11. The business has a 50 day simple moving average of $51.24 and a 200 day simple moving average of $45.17. 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 12-month low of $30.20 and a 12-month high of $56.63.

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.