Jane Street Group LLC Has $1.51 Million Holdings in H World Group Limited (NASDAQ:HTHT)

Jane Street Group LLC reduced its holdings in H World Group Limited (NASDAQ:HTHT - Free Report) by 76.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 40,703 shares of the company's stock after selling 133,857 shares during the period. Jane Street Group LLC's holdings in H World Group were worth $1,514,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of HTHT. DekaBank Deutsche Girozentrale increased 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 worth $11,153,000 after acquiring an additional 21,938 shares during the period. Fiera Capital Corp raised its position in shares of H World Group by 87.1% during the third 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. Van ECK Associates Corp lifted its stake in shares of H World Group by 47,317.1% in the second quarter. Van ECK Associates Corp now owns 97,205 shares of the company's stock valued at $3,239,000 after buying an additional 97,000 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of H World Group by 30.4% in the second quarter. Bank of New York Mellon Corp now owns 215,003 shares of the company's stock valued at $7,164,000 after buying an additional 50,128 shares during the period. Finally, Royal London Asset Management Ltd. acquired a new stake in H World Group during the second quarter worth about $10,886,000. 46.41% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Benchmark decreased their price objective 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. Five analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of $46.80.

H World Group Price Performance

Shares of HTHT traded down $0.60 during mid-day trading on Friday, reaching $33.41. The company had a trading volume of 795,392 shares, compared to its average volume of 1,901,278. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.88 and a quick ratio of 0.87. The company has a market capitalization of $10.91 billion, a P/E ratio of 20.25, a P/E/G ratio of 1.09 and a beta of 0.74. H World Group Limited has a twelve month low of $27.03 and a twelve month high of $42.98. The company's 50-day moving average is $35.29 and its 200-day moving average is $33.33.

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.