Sei Investments Co. grew its stake in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT – Free Report) by 263.2% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 694,986 shares of the company’s stock after purchasing an additional 503,629 shares during the period. Sei Investments Co.’s holdings in H World Group were worth $34,951,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also made changes to their positions in HTHT. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in shares of H World Group by 10.9% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 237,340 shares of the company’s stock valued at $11,390,000 after purchasing an additional 23,372 shares during the period. Aubrey Capital Management Ltd acquired a new position in H World Group during the fourth quarter worth about $11,946,000. AustralianSuper Pty Ltd purchased a new position in H World Group in the fourth quarter valued at about $6,438,000. True Light Capital Pte. Ltd. purchased a new position in H World Group in the fourth quarter valued at about $37,602,000. Finally, BOCHK Asset Management Ltd acquired a new stake in shares of H World Group during the 4th quarter valued at approximately $659,000. 46.41% of the stock is owned by institutional investors and hedge funds.
H World Group Price Performance
HTHT stock opened at $40.47 on Monday. The company’s 50 day simple moving average is $43.13 and its 200-day simple moving average is $48.30. The firm has a market capitalization of $12.45 billion, a PE ratio of 18.15, a P/E/G ratio of 1.13 and a beta of 0.13. H World Group Limited Sponsored ADR has a 12 month low of $30.41 and a 12 month high of $56.63. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.93 and a quick ratio of 0.93.
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H World Group Company 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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