XY Capital Ltd Makes New $3.15 Million Investment in H World Group Limited (NASDAQ:HTHT)

XY Capital Ltd bought a new stake in H World Group Limited (NASDAQ:HTHT - Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 84,544 shares of the company's stock, valued at approximately $3,145,000. H World Group comprises approximately 1.1% of XY Capital Ltd's holdings, making the stock its 13th biggest holding.

Several other hedge funds also recently bought and sold shares of HTHT. Capital International Investors lifted its stake in H World Group by 192.4% during the 1st quarter. Capital International Investors now owns 5,689,620 shares of the company's stock worth $220,188,000 after acquiring an additional 3,744,106 shares in the last quarter. Canada Pension Plan Investment Board increased its stake in H World Group by 80.5% during the first quarter. Canada Pension Plan Investment Board now owns 1,500,432 shares of the company's stock worth $58,067,000 after purchasing an additional 669,200 shares during the period. Capital International Inc. CA lifted its position in shares of H World Group by 57.7% during the first quarter. Capital International Inc. CA now owns 1,803,048 shares of the company's stock worth $69,778,000 after purchasing an additional 659,914 shares in the last quarter. Public Sector Pension Investment Board boosted its stake in shares of H World Group by 724.3% in the second quarter. Public Sector Pension Investment Board now owns 570,887 shares of the company's stock valued at $19,022,000 after purchasing an additional 501,634 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund grew its holdings in shares of H World Group by 87.2% in the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 831,800 shares of the company's stock valued at $32,191,000 after purchasing an additional 387,400 shares in the last quarter. Hedge funds and other institutional investors own 46.41% of the company's stock.

H World Group Stock Down 2.1 %

NASDAQ HTHT traded down $0.81 during trading on Friday, reaching $37.00. 1,665,224 shares of the company's stock were exchanged, compared to its average volume of 1,922,768. The company has a 50 day moving average price of $35.36 and a two-hundred day moving average price of $34.34. The stock has a market cap of $12.08 billion, a P/E ratio of 22.56, a price-to-earnings-growth ratio of 1.11 and a beta of 0.77. H World Group Limited has a 1 year low of $27.03 and a 1 year high of $42.98. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.96 and a current ratio of 0.97.

H World Group (NASDAQ:HTHT - Get Free Report) last announced its quarterly earnings results on Tuesday, August 20th. The company reported $0.46 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.52 by ($0.06). H World Group had a net margin of 16.32% and a return on equity of 29.32%. The business had revenue of $846.00 million during the quarter, compared to analyst estimates of $839.89 million. On average, equities research analysts anticipate that H World Group Limited will post 1.77 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, Benchmark lowered their price objective on H World Group from $64.00 to $53.00 and set a "buy" rating for the company in a research report on Thursday, August 22nd. Five analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has an average rating of "Buy" and a consensus price target of $47.80.

H World Group Company 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.