Alberta Investment Management Corp Has $7.82 Million Position in H World Group Limited (NASDAQ:HTHT)

Alberta Investment Management Corp lowered its stake in shares of H World Group Limited (NASDAQ:HTHT - Free Report) by 14.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 236,747 shares of the company's stock after selling 39,207 shares during the period. Alberta Investment Management Corp owned 0.08% of H World Group worth $7,820,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Rhumbline Advisers boosted its stake in shares of H World Group by 2.3% during the fourth quarter. Rhumbline Advisers now owns 34,688 shares of the company's stock valued at $1,146,000 after acquiring an additional 791 shares during the last quarter. Asset Management One Co. Ltd. lifted its stake in shares of H World Group by 12.4% in the 4th quarter. Asset Management One Co. Ltd. now owns 32,242 shares of the company's stock valued at $1,077,000 after purchasing an additional 3,547 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in shares of H World Group by 11.9% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 8,778 shares of the company's stock valued at $290,000 after purchasing an additional 936 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of H World Group by 109.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 251,056 shares of the company's stock valued at $8,292,000 after purchasing an additional 131,189 shares in the last quarter. Finally, abrdn plc lifted its stake in shares of H World Group by 1.6% in the 4th quarter. abrdn plc now owns 114,030 shares of the company's stock valued at $3,791,000 after purchasing an additional 1,751 shares in the last quarter. Institutional investors and hedge funds own 46.41% of the company's stock.

H World Group Stock Performance

Shares of NASDAQ HTHT traded down $0.74 during trading on Friday, reaching $36.18. The stock had a trading volume of 717,524 shares, compared to its average volume of 2,108,522. H World Group Limited has a one year low of $27.03 and a one year high of $42.98. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.87 and a current ratio of 0.88. The stock has a market cap of $11.34 billion, a PE ratio of 21.91, a P/E/G ratio of 1.30 and a beta of 0.70. The firm's 50 day moving average price is $32.90 and its two-hundred day moving average price is $33.46.

H World Group (NASDAQ:HTHT - Get Free Report) last released its quarterly earnings data on Tuesday, November 26th. The company reported $0.58 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.67 by ($0.09). H World Group had a net margin of 15.97% and a return on equity of 30.41%. During the same period last year, the business posted $0.56 EPS. On average, research analysts forecast that H World Group Limited will post 1.65 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently weighed in on HTHT. HSBC lowered H World Group from a "buy" rating to a "hold" rating and set a $32.40 price objective on the stock. in a research note on Wednesday, February 5th. Benchmark dropped their target price on H World Group from $53.00 to $48.00 and set a "buy" rating on the stock in a report on Wednesday, November 27th. Finally, Hsbc Global Res downgraded H World Group from a "strong-buy" rating to a "hold" rating in a report on Tuesday, February 4th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, H World Group currently has a consensus rating of "Moderate Buy" and a consensus target price of $44.40.

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.