Public Sector Pension Investment Board Lowers Stock Position in H World Group Limited (NASDAQ:HTHT)

Public Sector Pension Investment Board lessened its position in shares of H World Group Limited (NASDAQ:HTHT) by 0.7% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 566,787 shares of the company’s stock after selling 4,100 shares during the quarter. Public Sector Pension Investment Board’s holdings in H World Group were worth $21,084,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of HTHT. Blue Trust Inc. raised its stake in shares of H World Group by 716.7% during the 2nd quarter. Blue Trust Inc. now owns 1,225 shares of the company’s stock worth $41,000 after buying an additional 1,075 shares during the period. Headlands Technologies LLC acquired a new stake in shares of H World Group in the second quarter valued at about $91,000. Greenleaf Trust purchased a new position in shares of H World Group in the third quarter valued at approximately $210,000. Jupiter Asset Management Ltd. acquired a new stake in shares of H World Group in the second quarter worth approximately $373,000. Finally, B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in shares of H World Group in the third quarter worth approximately $450,000. Institutional investors and hedge funds own 46.41% of the company’s stock.

Analyst Ratings Changes

Separately, Benchmark lowered their price target 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. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, H World Group currently has an average rating of “Buy” and a consensus target price of $46.80.

H World Group Stock Performance

NASDAQ HTHT opened at $32.03 on Thursday. The stock has a fifty day simple moving average of $36.85 and a 200-day simple moving average of $33.98. The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 0.61. The stock has a market cap of $10.46 billion, a PE ratio of 19.53, a P/E/G ratio of 1.07 and a beta of 0.77. H World Group Limited has a twelve month low of $27.03 and a twelve month high of $42.98.

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.