Kontiki Capital Management HK Ltd. Makes New Investment in H World Group Limited Sponsored ADR $HTHT

Kontiki Capital Management HK Ltd. bought a new stake in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 2,475,171 shares of the company’s stock, valued at approximately $96,804,000. H World Group accounts for about 5.2% of Kontiki Capital Management HK Ltd.’s portfolio, making the stock its 7th largest position. Kontiki Capital Management HK Ltd. owned approximately 0.80% of H World Group as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of HTHT. Schroder Investment Management Group boosted its stake in shares of H World Group by 95.0% in the 2nd quarter. Schroder Investment Management Group now owns 12,487,444 shares of the company’s stock valued at $423,574,000 after buying an additional 6,082,369 shares during the period. Mitsubishi UFJ Trust & Banking Corp increased its holdings in shares of H World Group by 43.2% in the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 8,026,731 shares of the company’s stock valued at $313,925,000 after acquiring an additional 2,420,473 shares during the period. Capitolis Liquid Global Markets LLC purchased a new stake in H World Group in the 3rd quarter valued at $87,153,000. Capital International Investors raised its position in H World Group by 65.2% in the 3rd quarter. Capital International Investors now owns 4,850,844 shares of the company’s stock valued at $189,717,000 after purchasing an additional 1,913,672 shares during the last quarter. Finally, WFM ASIA BVI Ltd boosted its stake in H World Group by 65.8% during the 2nd quarter. WFM ASIA BVI Ltd now owns 3,035,416 shares of the company’s stock worth $102,961,000 after purchasing an additional 1,204,300 shares during the period. Institutional investors and hedge funds own 46.41% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on HTHT. 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. Wall Street Zen downgraded shares of H World Group from a “buy” rating to a “hold” rating in a research note on Sunday. Weiss Ratings reissued a “buy (b-)” rating on shares of H World Group in a report on Monday, December 29th. Benchmark boosted their price target on H World Group from $48.00 to $52.00 and gave the company a “buy” rating in a research report on Tuesday, November 18th. Finally, UBS Group raised H World Group from a “neutral” rating to a “buy” rating and set a $62.40 price objective for the company in a research note on Monday, March 9th. Six research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $52.13.

H World Group Price Performance

Shares of NASDAQ:HTHT opened at $51.29 on Tuesday. The firm has a market capitalization of $15.79 billion, a price-to-earnings ratio of 29.48, a price-to-earnings-growth ratio of 1.13 and a beta of 0.11. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.85 and a quick ratio of 0.84. The business’s 50 day simple moving average is $51.29 and its 200-day simple moving average is $45.33. 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 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.