XY Capital Ltd grew its stake in H World Group Limited Sponsored ADR (NASDAQ:HTHT – Free Report) by 38.4% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 56,865 shares of the company’s stock after purchasing an additional 15,788 shares during the period. H World Group makes up about 2.8% of XY Capital Ltd’s holdings, making the stock its 12th largest holding. XY Capital Ltd’s holdings in H World Group were worth $2,860,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Capital International Investors boosted its stake in H World Group by 71.8% during the fourth quarter. Capital International Investors now owns 8,334,604 shares of the company’s stock worth $392,143,000 after buying an additional 3,483,760 shares during the last quarter. Kontiki Capital Management HK Ltd. increased its stake in shares of H World Group by 49.6% in the 4th quarter. Kontiki Capital Management HK Ltd. now owns 3,703,788 shares of the company’s stock worth $174,263,000 after acquiring an additional 1,228,617 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of H World Group by 1.7% during the 4th quarter. Geode Capital Management LLC now owns 1,334,737 shares of the company’s stock worth $62,241,000 after acquiring an additional 22,129 shares during the period. Renaissance Technologies LLC raised its holdings in shares of H World Group by 50.7% during the 4th quarter. Renaissance Technologies LLC now owns 1,252,885 shares of the company’s stock worth $58,948,000 after acquiring an additional 421,400 shares during the period. Finally, Hsbc Holdings PLC boosted its position in shares of H World Group by 44.7% during the 4th quarter. Hsbc Holdings PLC now owns 1,183,612 shares of the company’s stock valued at $55,644,000 after acquiring an additional 365,659 shares during the last quarter. Institutional investors and hedge funds own 46.41% of the company’s stock.
H World Group Stock Down 3.7%
H World Group stock opened at $40.00 on Wednesday. The company has a market capitalization of $12.30 billion, a PE ratio of 17.94, a price-to-earnings-growth ratio of 1.15 and a beta of 0.13. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.93 and a current ratio of 0.93. H World Group Limited Sponsored ADR has a fifty-two week low of $30.41 and a fifty-two week high of $56.63. The firm has a 50 day moving average price of $43.47 and a 200 day moving average price of $48.45.
Wall Street Analysts Forecast Growth
Read Our Latest Stock Report on H World Group
H World Group Profile
H World Group, formerly known as Huazhu Group, is a leading hotel management and franchising company primarily serving the China market. The company operates a broad portfolio of midscale to luxury hotel brands, including Hi Inn, Blossom, Manxin, Madison International, Joya, Grand Mercure, Novotel, Mercure and ibis. Through a network of both directly managed and franchised properties, H World Group caters to business and leisure travelers by offering consistent service standards and loyalty benefits across its brands.
In addition to its core hotel operations, H World Group provides technology-driven hospitality solutions such as centralized reservation systems, revenue management platforms and customer relationship management tools.
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