Banque Cantonale Vaudoise Has $4.28 Million Stock Position in H World Group Limited (NASDAQ:HTHT)

Banque Cantonale Vaudoise increased its stake in H World Group Limited (NASDAQ:HTHT) by 101.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 115,000 shares of the company’s stock after buying an additional 58,000 shares during the quarter. Banque Cantonale Vaudoise’s holdings in H World Group were worth $4,278,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Blue Trust Inc. grew 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 purchasing an additional 1,075 shares during the period. Headlands Technologies LLC bought a new position in H World Group during the second quarter worth $91,000. Greenleaf Trust bought a new position in H World Group during the third quarter worth $210,000. Jupiter Asset Management Ltd. acquired a new position in shares of H World Group in the second quarter valued at $373,000. Finally, Creative Planning raised its position in shares of H World Group by 22.6% in the second 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 period. 46.41% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

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

H World Group Stock Up 0.1 %

HTHT stock opened at $36.18 on Wednesday. H World Group Limited has a fifty-two week low of $27.03 and a fifty-two week high of $42.98. 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 has a market capitalization of $11.81 billion, a price-to-earnings ratio of 22.06, a PEG ratio of 1.09 and a beta of 0.77. The business’s fifty day moving average price is $36.23 and its two-hundred day moving average price is $34.15.

H World Group (NASDAQ:HTHT) last released its quarterly earnings results on Tuesday, August 20th. The company reported $0.46 EPS for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.06). The business had revenue of $846.00 million for the quarter, compared to the consensus estimate of $839.89 million. H World Group had a return on equity of 29.32% and a net margin of 16.32%. On average, equities analysts anticipate that H World Group Limited will post 1.77 earnings per share for the current year.

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.