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

Yiheng Capital Management L.P. lessened its position in H World Group Limited (NASDAQ:HTHT) by 18.6% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,306,395 shares of the company’s stock after selling 297,583 shares during the period. H World Group comprises about 1.7% of Yiheng Capital Management L.P.’s investment portfolio, making the stock its 4th biggest holding. Yiheng Capital Management L.P.’s holdings in H World Group were worth $43,150,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Headwater Capital Co Ltd bought a new position in H World Group in the 4th quarter valued at approximately $9,909,000. Waverton Investment Management Ltd bought a new position in shares of H World Group during the fourth quarter valued at $6,076,000. Mirae Asset Global Investments Co. Ltd. increased its holdings in H World Group by 109.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 251,056 shares of the company’s stock worth $8,292,000 after buying an additional 131,189 shares in the last quarter. Nordea Investment Management AB raised its position in H World Group by 11.2% in the 4th quarter. Nordea Investment Management AB now owns 508,422 shares of the company’s stock worth $16,961,000 after buying an additional 51,213 shares during the last quarter. Finally, Blue Trust Inc. lifted its stake in H World Group by 13.5% during the 4th quarter. Blue Trust Inc. now owns 5,467 shares of the company’s stock valued at $181,000 after acquiring an additional 650 shares during the period. Hedge funds and other institutional investors own 46.41% of the company’s stock.

H World Group Trading Down 0.9 %

Shares of H World Group stock 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 company’s fifty day simple moving average is $34.49 and its 200-day simple 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. The stock has a market capitalization of $11.82 billion, a PE ratio of 22.85, a P/E/G ratio of 1.28 and a beta of 0.70.

Wall Street Analyst Weigh In

A number of analysts have recently commented on HTHT shares. HSBC lowered shares of H World Group from a “buy” rating to a “hold” rating and set a $32.40 price target for the company. in a research note on Wednesday, February 5th. Hsbc Global Res lowered shares of H World Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 4th. Finally, Benchmark dropped their price target on H World Group from $53.00 to $48.00 and set a “buy” rating on the stock in a research note on Wednesday, November 27th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $44.68.

H World Group 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.