Robeco Institutional Asset Management B.V. Lowers Stock Holdings in H World Group Limited Sponsored ADR (NASDAQ:HTHT)

Robeco Institutional Asset Management B.V. reduced its position in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 11.3% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 83,738 shares of the company’s stock after selling 10,615 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in H World Group were worth $3,099,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Daiwa Securities Group Inc. purchased a new position in shares of H World Group during the fourth quarter worth $33,000. US Bancorp DE boosted its position in shares of H World Group by 21.2% during the fourth quarter. US Bancorp DE now owns 4,839 shares of the company’s stock worth $160,000 after buying an additional 845 shares during the period. Confluence Investment Management LLC purchased a new position in H World Group in the first quarter valued at $209,000. iA Global Asset Management Inc. purchased a new position in H World Group in the fourth quarter valued at $196,000. Finally, Mariner LLC boosted its holdings in H World Group by 33.8% in the fourth quarter. Mariner LLC now owns 8,120 shares of the company’s stock valued at $268,000 after purchasing an additional 2,050 shares during the period. 46.41% of the stock is currently owned by hedge funds and other institutional investors.

H World Group Stock Down 1.4%

H World Group stock opened at $33.43 on Wednesday. H World Group Limited Sponsored ADR has a 1-year low of $27.03 and a 1-year high of $42.98. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.88 and a quick ratio of 0.88. The stock has a market cap of $10.26 billion, a PE ratio of 23.22, a P/E/G ratio of 1.28 and a beta of 0.46. The stock’s fifty day moving average is $35.26 and its two-hundred day moving average is $34.62.

Wall Street Analysts Forecast Growth

HTHT has been the subject of a number of recent research reports. JPMorgan Chase & Co. decreased their target price on H World Group from $43.00 to $42.00 and set an “overweight” rating for the company in a report on Wednesday, May 21st. Morgan Stanley reiterated an “overweight” rating on shares of H World Group in a report on Monday, March 31st. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $40.80.

H World Group Company Profile

H World Group Limited develops leased and owned, manachised, and franchised hotels in the People's Republic of China. The company operates hotels under its own brands, such as HanTing Hotel, Ni Hao Hotel, Hi Inn, Elan Hotel, Zleep Hotels, Ibis Hotel, JI Hotel, Orange Hotel, Starway Hotel, Ibis Styles Hotel, CitiGO Hotel, Crystal Orange Hotel, IntercityHotel, Manxin Hotel, Mercure Hotel, Madison Hotel, Novotel Hotel, Joya Hotel, Blossom House, Steigenberger Hotels & Resorts, MAXX by Steigenberger, Jaz in the City, Grand Mercure, Steigenberger Icon, and Song Hotels.