Public Employees Retirement System of Ohio Purchases 22,585 Shares of H World Group Limited Sponsored ADR $HTHT

Public Employees Retirement System of Ohio boosted its position in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 49.8% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 67,911 shares of the company’s stock after purchasing an additional 22,585 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in H World Group were worth $3,415,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of HTHT. TD Private Client Wealth LLC bought a new position in shares of H World Group during the fourth quarter worth $45,000. EverSource Wealth Advisors LLC increased 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 valued at $49,000 after buying an additional 649 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in H World Group during the 3rd quarter worth $66,000. Osaic Holdings Inc. raised its stake in H World Group by 889.5% during the 2nd quarter. Osaic Holdings Inc. now owns 2,266 shares of the company’s stock worth $77,000 after buying an additional 2,037 shares during the period. Finally, iA Global Asset Management Inc. lifted its holdings in H World Group by 20.1% during the fourth quarter. iA Global Asset Management Inc. now owns 1,653 shares of the company’s stock worth $78,000 after acquiring an additional 277 shares in the last quarter. Institutional investors own 46.41% of the company’s stock.

Analyst Ratings Changes

HTHT has been the subject of a number of research analyst reports. Weiss Ratings cut H World Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, May 18th. Zacks Research cut H World Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 4th. Finally, Wall Street Zen upgraded H World Group from a “hold” rating to a “buy” rating in a research report on Sunday, July 12th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $61.20.

H World Group Trading Down 2.3%

Shares of NASDAQ:HTHT opened at $42.25 on Friday. The firm has a market cap of $12.99 billion, a price-to-earnings ratio of 18.95, a PEG ratio of 1.57 and a beta of 0.13. H World Group Limited Sponsored ADR has a 12 month low of $30.41 and a 12 month high of $56.63. The company’s fifty day simple moving average is $42.85 and its 200 day simple moving average is $48.08. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.49.

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.