B. Metzler seel. Sohn & Co. Holding AG Acquires New Holdings in H World Group Limited (NASDAQ:HTHT)

B. Metzler seel. Sohn & Co. Holding AG bought a new stake in H World Group Limited (NASDAQ:HTHT) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 12,087 shares of the company’s stock, valued at approximately $450,000.

Several other hedge funds also recently bought and sold shares of HTHT. Blue Trust Inc. grew its position in H World Group by 716.7% in the 2nd quarter. Blue Trust Inc. now owns 1,225 shares of the company’s stock valued at $41,000 after acquiring an additional 1,075 shares in the last quarter. Headlands Technologies LLC purchased a new stake in H World Group during the 2nd quarter worth approximately $91,000. Greenleaf Trust acquired a new stake in H World Group during the 3rd quarter worth approximately $210,000. Jupiter Asset Management Ltd. acquired a new position in shares of H World Group in the second quarter worth $373,000. Finally, Creative Planning increased its position in shares of H World Group by 22.6% during the second quarter. Creative Planning now owns 12,964 shares of the company’s stock worth $432,000 after acquiring an additional 2,394 shares during the period. Hedge funds and other institutional investors own 46.41% of the company’s stock.

Analyst Ratings Changes

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

H World Group Trading Down 0.3 %

NASDAQ:HTHT opened at $35.80 on Monday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.96 and a current ratio of 0.97. H World Group Limited has a 1 year low of $27.03 and a 1 year high of $42.98. The stock has a market cap of $11.69 billion, a P/E ratio of 21.83, a P/E/G ratio of 1.09 and a beta of 0.77. The stock has a 50-day simple moving average of $36.64 and a 200-day simple moving average of $34.06.

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.