Yiheng Capital Management L.P. Has $43.15 Million Position in H World Group Limited (NASDAQ:HTHT)

Yiheng Capital Management L.P. reduced its holdings in shares of H World Group Limited (NASDAQ:HTHT) by 18.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,306,395 shares of the company’s stock after selling 297,583 shares during the period. H World Group comprises approximately 1.7% of Yiheng Capital Management L.P.’s portfolio, making the stock its 4th biggest holding. Yiheng Capital Management L.P. owned about 0.42% of H World Group worth $43,150,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. iA Global Asset Management Inc. purchased a new position in H World Group in the 4th quarter worth $196,000. Skandinaviska Enskilda Banken AB publ increased its holdings in shares of H World Group by 7.2% in the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 38,700 shares of the company’s stock worth $1,272,000 after buying an additional 2,600 shares during the period. Daiwa Securities Group Inc. purchased a new stake in H World Group during the 4th quarter valued at about $33,000. US Bancorp DE grew its position in H World Group by 21.2% during the 4th quarter. US Bancorp DE now owns 4,839 shares of the company’s stock worth $160,000 after acquiring an additional 845 shares during the last quarter. Finally, Central Asset Investments & Management Holdings HK Ltd purchased a new position in H World Group in the 4th quarter worth approximately $1,597,000. 46.41% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Hsbc Global Res cut shares of H World Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 4th. Benchmark decreased their price objective on shares of H World Group from $53.00 to $48.00 and set a “buy” rating on the stock in a research report on Wednesday, November 27th. Finally, HSBC lowered shares of H World Group from a “buy” rating to a “hold” rating and set a $32.40 target price for the company. in a report on Wednesday, February 5th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, H World Group currently has an average rating of “Moderate Buy” and an average target price of $44.68.

H World Group Price Performance

Shares of NASDAQ HTHT opened at $37.71 on Friday. 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 capitalization of $11.82 billion, a P/E ratio of 22.85, a P/E/G ratio of 1.28 and a beta of 0.70. The company’s 50-day moving average is $34.49 and its 200 day moving average is $34.57. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.88 and a quick ratio of 0.87.

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.