Headwater Capital Co Ltd Acquires Shares of 300,000 H World Group Limited (NASDAQ:HTHT)

Headwater Capital Co Ltd purchased a new position in H World Group Limited (NASDAQ:HTHT - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 300,000 shares of the company's stock, valued at approximately $9,909,000. H World Group makes up 5.3% of Headwater Capital Co Ltd's portfolio, making the stock its 9th biggest holding. Headwater Capital Co Ltd owned about 0.10% of H World Group as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of the business. DekaBank Deutsche Girozentrale lifted its position in H World Group by 7.0% during the second quarter. DekaBank Deutsche Girozentrale now owns 333,542 shares of the company's stock valued at $11,153,000 after purchasing an additional 21,938 shares during the period. Fiera Capital Corp raised its stake in H World Group by 87.1% during the 3rd quarter. Fiera Capital Corp now owns 56,213 shares of the company's stock valued at $2,091,000 after buying an additional 26,175 shares during the last quarter. TT International Asset Management LTD bought a new position in shares of H World Group during the 3rd quarter valued at $24,915,000. Nordea Investment Management AB boosted its stake in shares of H World Group by 11.2% in the 4th quarter. Nordea Investment Management AB now owns 508,422 shares of the company's stock worth $16,961,000 after buying an additional 51,213 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in shares of H World Group by 0.9% in the third quarter. Geode Capital Management LLC now owns 1,285,870 shares of the company's stock worth $47,455,000 after acquiring an additional 11,684 shares during the period. 46.41% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, 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 research report on Wednesday, November 27th. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus price target of $46.80.

H World Group Stock Performance

NASDAQ:HTHT traded down $0.11 during mid-day trading on Monday, hitting $30.39. 1,732,400 shares of the company traded hands, compared to its average volume of 2,778,029. The company has a quick ratio of 0.87, a current ratio of 0.88 and a debt-to-equity ratio of 0.60. The stock's fifty day moving average price is $34.02 and its 200-day moving average price is $33.16. The firm has a market cap of $9.52 billion, a price-to-earnings ratio of 18.42, a price-to-earnings-growth ratio of 1.06 and a beta of 0.71. H World Group Limited has a one year low of $27.03 and a one year high of $42.98.

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.