GSA Capital Partners LLP Makes New Investment in H World Group Limited (NASDAQ:HTHT)

GSA Capital Partners LLP acquired a new stake in H World Group Limited (NASDAQ:HTHT - Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 14,458 shares of the company's stock, valued at approximately $538,000.

A number of other hedge funds have also recently made changes to their positions in HTHT. Capital International Investors increased its holdings in H World Group by 192.4% in the first quarter. Capital International Investors now owns 5,689,620 shares of the company's stock worth $220,188,000 after purchasing an additional 3,744,106 shares in the last quarter. Capital International Inc. CA increased its holdings in H World Group by 57.7% in 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. Canada Pension Plan Investment Board increased its holdings in H World Group by 80.5% in 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 in the last quarter. Public Sector Pension Investment Board increased its holdings in 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 worth $19,022,000 after purchasing an additional 501,634 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in shares of H World Group by 1.4% during the second quarter. Dimensional Fund Advisors LP now owns 558,803 shares of the company's stock valued at $18,631,000 after acquiring an additional 7,572 shares in the last quarter. 46.41% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

H World Group Price Performance

Shares of HTHT traded down $0.18 during trading hours on Wednesday, reaching $36.00. 1,409,163 shares of the company's stock traded hands, compared to its average volume of 1,862,648. The stock has a market cap of $11.76 billion, a PE ratio of 21.95, a price-to-earnings-growth ratio of 1.09 and a beta of 0.77. 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 firm's 50 day simple moving average is $36.36 and its 200-day simple moving average is $34.17. H World Group Limited has a 12 month low of $27.03 and a 12 month high of $42.98.

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

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.