US Bancorp DE Sells 15,690 Shares of H World Group Limited (NASDAQ:HTHT)

US Bancorp DE cut its holdings in shares of H World Group Limited (NASDAQ:HTHT - Free Report) by 79.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,994 shares of the company's stock after selling 15,690 shares during the period. US Bancorp DE's holdings in H World Group were worth $149,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Blue Trust Inc. lifted its position in shares of H World Group by 716.7% during the second quarter. Blue Trust Inc. now owns 1,225 shares of the company's stock worth $41,000 after purchasing an additional 1,075 shares in the last quarter. Headlands Technologies LLC acquired a new position in H World Group during the 2nd quarter worth $91,000. Greenleaf Trust bought a new position in H World Group in the 3rd quarter valued at $210,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new stake in shares of H World Group in the 1st quarter valued at $394,000. Finally, Jupiter Asset Management Ltd. bought a new stake in shares of H World Group during the second quarter worth $373,000. 46.41% of the stock is currently owned by institutional investors.

H World Group Trading Up 1.3 %

HTHT traded up $0.45 during mid-day trading on Friday, hitting $35.81. The stock had a trading volume of 1,190,250 shares, compared to its average volume of 1,869,165. H World Group Limited has a 1-year low of $27.03 and a 1-year high of $42.98. The firm has a market capitalization of $11.69 billion, a price-to-earnings ratio of 21.84, a price-to-earnings-growth ratio of 1.09 and a beta of 0.77. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.97 and a quick ratio of 0.96. The stock's fifty day simple moving average is $35.97 and its 200-day simple moving average is $34.23.

H World Group (NASDAQ:HTHT - Get Free Report) last posted its 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. As a group, research analysts forecast that H World Group Limited will post 1.77 EPS for the current fiscal year.

Wall Street Analyst Weigh In

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

H World Group 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.