H World Group Limited (NASDAQ:HTHT) Shares Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. decreased its stake in shares of H World Group Limited (NASDAQ:HTHT - Free Report) by 73.8% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 104,778 shares of the company's stock after selling 294,882 shares during the quarter. Robeco Institutional Asset Management B.V.'s holdings in H World Group were worth $3,898,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Capital International Investors grew its stake in H World Group by 192.4% in the 1st quarter. Capital International Investors now owns 5,689,620 shares of the company's stock worth $220,188,000 after acquiring an additional 3,744,106 shares in the last quarter. Canada Pension Plan Investment Board grew its position in shares of H World Group by 80.5% during the 1st quarter. Canada Pension Plan Investment Board now owns 1,500,432 shares of the company's stock worth $58,067,000 after buying an additional 669,200 shares in the last quarter. Capital International Inc. CA grew its position in shares of H World Group by 57.7% during the 1st quarter. Capital International Inc. CA now owns 1,803,048 shares of the company's stock worth $69,778,000 after buying an additional 659,914 shares in the last quarter. Public Sector Pension Investment Board raised its holdings in shares of 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 valued at $19,022,000 after acquiring an additional 501,634 shares in the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund lifted its stake in H World Group by 87.2% in the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 831,800 shares of the company's stock worth $32,191,000 after acquiring an additional 387,400 shares during the period. Institutional investors own 46.41% of the company's stock.

Analysts Set New Price Targets

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

H World Group Stock Performance

Shares of HTHT traded down $0.81 during mid-day trading on Friday, reaching $37.00. The company had a trading volume of 1,665,224 shares, compared to its average volume of 1,922,768. The stock has a market capitalization of $12.08 billion, a P/E ratio of 22.56, a PEG ratio of 1.11 and a beta of 0.77. H World Group Limited has a 52-week low of $27.03 and a 52-week high of $42.98. The stock has a 50 day moving average of $35.36 and a two-hundred day moving average of $34.37. The company has a quick ratio of 0.96, a current ratio of 0.97 and a debt-to-equity ratio of 0.61.

H World Group (NASDAQ:HTHT - Get Free Report) last released its quarterly 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). The company had revenue of $846.00 million during the quarter, compared to analyst estimates of $839.89 million. H World Group had a net margin of 16.32% and a return on equity of 29.32%. On average, analysts expect that H World Group Limited will post 1.77 earnings per share for the current year.

About H World Group

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.