GSA Capital Partners LLP Makes New Investment in H World Group Limited (NASDAQ:HTHT)

GSA Capital Partners LLP acquired a new position in shares of H World Group Limited (NASDAQ:HTHT) during the 3rd quarter, HoldingsChannel.com reports. The firm acquired 14,458 shares of the company’s stock, valued at approximately $538,000.

Other large investors have also recently bought and sold shares of the company. Canada Pension Plan Investment Board lifted its stake in shares of H World Group by 80.5% in the 1st quarter. Canada Pension Plan Investment Board now owns 1,500,432 shares of the company’s stock valued at $58,067,000 after purchasing an additional 669,200 shares during the period. CANADA LIFE ASSURANCE Co lifted its stake in shares of H World Group by 46.4% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 276,481 shares of the company’s stock valued at $10,705,000 after purchasing an additional 87,572 shares during the period. Swedbank AB acquired a new position in shares of H World Group in the 1st quarter valued at $2,717,000. DekaBank Deutsche Girozentrale lifted its stake in shares of H World Group by 7.0% in the 2nd quarter. DekaBank Deutsche Girozentrale now owns 333,542 shares of the company’s stock valued at $11,153,000 after purchasing an additional 21,938 shares during the period. Finally, Fiera Capital Corp lifted its stake in shares of H World Group by 87.1% in the 3rd quarter. Fiera Capital Corp now owns 56,213 shares of the company’s stock valued at $2,091,000 after purchasing an additional 26,175 shares during the period. Institutional investors and hedge funds own 46.41% of the company’s stock.

Analysts Set New Price Targets

Separately, Benchmark lowered their price objective on shares of H World Group from $64.00 to $53.00 and set a “buy” rating for the company in a research report on Thursday, August 22nd. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $47.80.

H World Group Price Performance

HTHT opened at $36.18 on Wednesday. The company has a quick ratio of 0.96, a current ratio of 0.97 and a debt-to-equity ratio of 0.61. H World Group Limited has a 12 month low of $27.03 and a 12 month high of $42.98. The company has a fifty day simple moving average of $36.23 and a 200 day simple moving average of $34.15. The stock has a market cap of $11.81 billion, a P/E ratio of 22.06, a P/E/G ratio of 1.09 and a beta of 0.77.

H World Group (NASDAQ:HTHT) last released its earnings results on Tuesday, August 20th. The company reported $0.46 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.06). The firm had revenue of $846.00 million for the quarter, compared to the consensus estimate of $839.89 million. H World Group had a return on equity of 29.32% and a net margin of 16.32%. On average, research analysts expect that H World Group Limited will post 1.77 EPS for the current year.

About H World Group

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.