Quantbot Technologies LP Has $2.34 Million Holdings in H World Group Limited (NASDAQ:HTHT)

Quantbot Technologies LP lifted its position in shares of H World Group Limited (NASDAQ:HTHT) by 21.4% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 62,935 shares of the company’s stock after purchasing an additional 11,081 shares during the quarter. Quantbot Technologies LP’s holdings in H World Group were worth $2,341,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of HTHT. Blue Trust Inc. raised its holdings in 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 buying an additional 1,075 shares during the last quarter. Headlands Technologies LLC acquired a new stake in shares of H World Group in the 2nd quarter worth about $91,000. Greenleaf Trust bought a new position in H World Group in the 3rd quarter valued at about $210,000. Jupiter Asset Management Ltd. bought a new position in H World Group in the 2nd quarter valued at about $373,000. Finally, Creative Planning boosted its stake in H World Group by 22.6% during the 2nd quarter. Creative Planning now owns 12,964 shares of the company’s stock valued at $432,000 after purchasing an additional 2,394 shares during the last quarter. 46.41% of the stock is currently owned by institutional investors.

H World Group Trading Down 3.2 %

Shares of HTHT stock opened at $32.03 on Friday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.96 and a current ratio of 0.97. The company has a market capitalization of $10.46 billion, a price-to-earnings ratio of 19.53, a PEG ratio of 1.07 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 company has a 50-day simple moving average of $36.92 and a two-hundred day simple moving average of $33.96.

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 report on Wednesday. Five analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $46.80.

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.