32,727 Shares in H World Group Limited (NASDAQ:HTHT) Acquired by SG Americas Securities LLC

Posted by on Apr 27th, 2023

SG Americas Securities LLC acquired a new position in shares of H World Group Limited (NASDAQ:HTHT – Get Rating) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 32,727 shares of the company’s stock, valued at approximately $1,388,000.

Several other large investors have also recently modified their holdings of the company. Vanguard Group Inc. increased its stake in H World Group by 1.5% during the 3rd quarter. Vanguard Group Inc. now owns 8,361,868 shares of the company’s stock valued at $280,458,000 after purchasing an additional 119,635 shares in the last quarter. Capital International Investors increased its stake in H World Group by 1.6% during the 1st quarter. Capital International Investors now owns 3,980,217 shares of the company’s stock valued at $131,307,000 after purchasing an additional 61,482 shares in the last quarter. Wellington Management Group LLP increased its stake in H World Group by 3.0% during the 1st quarter. Wellington Management Group LLP now owns 1,780,615 shares of the company’s stock valued at $58,742,000 after purchasing an additional 52,538 shares in the last quarter. Teacher Retirement System of Texas boosted its holdings in shares of H World Group by 7.1% in the 3rd quarter. Teacher Retirement System of Texas now owns 1,319,910 shares of the company’s stock valued at $44,270,000 after acquiring an additional 87,797 shares during the last quarter. Finally, New York State Common Retirement Fund boosted its holdings in shares of H World Group by 59.1% in the 3rd quarter. New York State Common Retirement Fund now owns 1,092,056 shares of the company’s stock valued at $36,628,000 after acquiring an additional 405,759 shares during the last quarter. Institutional investors own 44.79% of the company’s stock.

H World Group Stock Performance

Shares of NASDAQ HTHT opened at $46.17 on Thursday. The company’s fifty day moving average price is $48.80 and its 200 day moving average price is $43.24. H World Group Limited has a 1 year low of $24.38 and a 1 year high of $53.52. The company has a market capitalization of $15.03 billion, a PE ratio of -53.07 and a beta of 1.00. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.69 and a current ratio of 0.70.

H World Group (NASDAQ:HTHT – Get Rating) last announced its quarterly earnings results on Monday, March 27th. The company reported ($0.06) earnings per share (EPS) for the quarter. H World Group had a negative return on equity of 19.83% and a negative net margin of 13.29%. The firm had revenue of $537.00 million for the quarter, compared to analysts’ expectations of $564.11 million. On average, research analysts predict that H World Group Limited will post 1.32 earnings per share for the current year.

Wall Street Analysts Forecast Growth

HTHT has been the topic of several recent research reports. Benchmark upped their price objective on shares of H World Group from $45.00 to $64.00 and gave the company a “buy” rating in a report on Tuesday, March 28th. StockNews.com raised shares of H World Group from a “sell” rating to a “hold” rating in a report on Sunday, April 2nd. HSBC upped their price objective on shares of H World Group from $45.10 to $57.20 in a report on Wednesday, January 11th. TheStreet raised shares of H World Group from a “d+” rating to a “c-” rating in a report on Monday, January 30th. Finally, The Goldman Sachs Group raised shares of H World Group from a “buy” rating to a “conviction-buy” rating in a report on Tuesday, January 10th. One equities research analyst has rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $60.60.

H World Group Profile

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H World Group Ltd. is engaged in the operation of hotels. The firm operates through the Legacy Huazhu and Legacy DH segments. It targets economy, midscale, upper midscale, and upscale hotel brands. The economy hotel brands comprises of HanTing, Ni Hao, Hi Inn, Elan, Zleep, and Ibis Hotels. The midscale hotel includes JI Hotel, Orange Hotel, Starway, and Ibis Styles Hotels.

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Institutional Ownership by Quarter for H World Group (NASDAQ:HTHT)

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