New York State Common Retirement Fund Acquires 37,766 Shares of H World Group Limited (NASDAQ:HTHT)

New York State Common Retirement Fund boosted its stake in shares of H World Group Limited (NASDAQ:HTHT) by 6.7% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 597,681 shares of the company’s stock after buying an additional 37,766 shares during the quarter. New York State Common Retirement Fund owned approximately 0.18% of H World Group worth $19,986,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in HTHT. Schroder Investment Management Group boosted its stake in H World Group by 5.3% in the third quarter. Schroder Investment Management Group now owns 15,350,066 shares of the company’s stock valued at $605,253,000 after acquiring an additional 766,303 shares during the last quarter. Vanguard Group Inc. grew its holdings in H World Group by 0.7% during the third quarter. Vanguard Group Inc. now owns 8,404,958 shares of the company’s stock valued at $331,407,000 after purchasing an additional 58,687 shares during the period. Federated Hermes Inc. increased its position in H World Group by 20.7% in the fourth quarter. Federated Hermes Inc. now owns 2,229,079 shares of the company’s stock worth $74,540,000 after buying an additional 382,538 shares during the last quarter. American Century Companies Inc. raised its stake in shares of H World Group by 6.0% in the third quarter. American Century Companies Inc. now owns 2,057,059 shares of the company’s stock valued at $81,110,000 after buying an additional 116,641 shares during the period. Finally, Broad Peak Investment Holdings Ltd. lifted its position in shares of H World Group by 110.7% during the 3rd quarter. Broad Peak Investment Holdings Ltd. now owns 1,360,801 shares of the company’s stock valued at $53,656,000 after buying an additional 714,801 shares during the last quarter. Hedge funds and other institutional investors own 46.41% of the company’s stock.

H World Group Price Performance

HTHT stock opened at $40.06 on Friday. The firm has a 50 day simple moving average of $38.06 and a two-hundred day simple moving average of $35.73. The stock has a market cap of $13.08 billion, a PE ratio of 22.76, a P/E/G ratio of 1.33 and a beta of 0.92. H World Group Limited has a one year low of $30.20 and a one year high of $48.84. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.69 and a quick ratio of 0.69.

H World Group (NASDAQ:HTHT) last posted its quarterly earnings data on Wednesday, March 20th. The company reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.31 by $0.02. The company had revenue of $786.00 million during the quarter, compared to the consensus estimate of $759.99 million. H World Group had a net margin of 18.62% and a return on equity of 31.50%. On average, analysts predict that H World Group Limited will post 1.94 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on HTHT shares. JPMorgan Chase & Co. boosted their price objective on H World Group from $40.00 to $45.00 and gave the company an “overweight” rating in a research note on Friday, March 22nd. Benchmark reissued a “buy” rating and issued a $64.00 price target on shares of H World Group in a research report on Friday, March 22nd. CLSA assumed coverage on shares of H World Group in a research note on Friday. They set a “buy” rating and a $47.00 price objective for the company. Bank of America lowered their target price on shares of H World Group from $51.00 to $43.00 and set a “buy” rating on the stock in a research note on Wednesday, March 13th. Finally, Macquarie began coverage on shares of H World Group in a research report on Friday, April 19th. They set an “outperform” rating and a $48.00 price target for the company. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, H World Group has an average rating of “Moderate Buy” and an average target price of $49.40.

About H World Group

H World Group Limited, together with its subsidiaries, develops leased and owned, manachised, and franchised hotels primarily 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.