H World Group Limited Sponsored ADR $HTHT Shares Purchased by Triata Capital Ltd

Triata Capital Ltd boosted its holdings in H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 18.7% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 344,135 shares of the company’s stock after acquiring an additional 54,100 shares during the period. H World Group comprises about 1.6% of Triata Capital Ltd’s investment portfolio, making the stock its 12th biggest holding. Triata Capital Ltd’s holdings in H World Group were worth $13,459,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of HTHT. Rhumbline Advisers grew its holdings in shares of H World Group by 1.3% during the third quarter. Rhumbline Advisers now owns 27,305 shares of the company’s stock valued at $1,068,000 after purchasing an additional 352 shares during the last quarter. Asset Management One Co. Ltd. boosted its position in H World Group by 1.4% during the 3rd quarter. Asset Management One Co. Ltd. now owns 33,228 shares of the company’s stock valued at $1,300,000 after purchasing an additional 466 shares during the period. EverSource Wealth Advisors LLC boosted its position in H World Group by 81.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,450 shares of the company’s stock valued at $49,000 after purchasing an additional 649 shares during the period. AQR Capital Management LLC grew its stake in H World Group by 11.2% during the 1st quarter. AQR Capital Management LLC now owns 9,319 shares of the company’s stock worth $338,000 after buying an additional 936 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its stake in H World Group by 82.2% during the 2nd quarter. PNC Financial Services Group Inc. now owns 2,146 shares of the company’s stock worth $73,000 after buying an additional 968 shares during the last quarter. 46.41% of the stock is currently owned by institutional investors and hedge funds.

H World Group Stock Performance

HTHT stock opened at $50.51 on Friday. The company has a 50-day simple moving average of $50.82 and a 200 day simple moving average of $44.61. The company has a market capitalization of $15.55 billion, a P/E ratio of 29.03, a PEG ratio of 1.13 and a beta of 0.11. The company has a quick ratio of 0.84, a current ratio of 0.85 and a debt-to-equity ratio of 0.32. H World Group Limited Sponsored ADR has a fifty-two week low of $30.20 and a fifty-two week high of $56.63.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on HTHT. Weiss Ratings reiterated a “buy (b-)” rating on shares of H World Group in a research note on Monday, December 29th. Benchmark upped 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 report on Tuesday, November 18th. Zacks Research cut shares of H World Group from a “strong-buy” rating to a “hold” rating in a report on Monday, January 5th. Finally, Wall Street Zen upgraded shares of H World Group from a “hold” rating to a “buy” rating in a research report on Saturday. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, H World Group currently has a consensus rating of “Moderate Buy” and an average target price of $47.00.

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.