Central Asset Investments & Management Position HK Ltd increased its holdings in H World Group Limited (NASDAQ: HTHT) during the third quarter, according to the most recent 13F filing with the Securities and Exchange Commission. This information is derived from the company’s quarterly report (SEC). This is what the most recent quarterly report from the company has to say about it. As a result of the fund’s purchase of an additional 53,770 shares of the company’s stock throughout the time frame, the total number of shares of its stock was 164,970. H World Group is the company’s second-largest investment, accounting for 11.2% of Central Asset Investments & Management Holdings HK Ltd’s total portfolio, making it its second-largest investment. The most recent SEC filing that Central Asset Investments & Management Holdings HK Ltd. has made indicates that the company owns 0.05% of H World Group for a total value of $5,533,000. The company provided this information.
Various other hedge funds have recently been seen transacting business in the market by purchasing and selling company shares. The amount of H World Group stock owned by Macquarie Group Ltd. increased by 115.4% during the second quarter. Macquarie Group Ltd. now has 1,879,241 shares following the purchase of an additional 1,006,835 in the most recent quarter. The value of these shares brings the company’s overall holdings to a total of $71,599,000. Southeastern Asset Management Inc., based in Tennessee, increased the amount of H World Group stock owned by 445.4% during the second quarter. Southeastern Asset Management Inc. (TN) now has a total of 628,496 shares of the company, which are worth a combined total of $23,946,000 after purchasing an additional 513,258 shares during the most recent quarter. This brings the total number of shares owned by the company to 628,496. Ocean Arete Ltd. increased the proportion of H World Group stock owned by 448.9% during the third quarter. Ocean Arete Ltd. now has 520,400 shares after purchasing an additional 425,600 in the most recent quarter. The current value of all of Ocean Arete Ltd.’s shares in the company is a total of $17,454,000. The proportion of H World Group stock that Ward Ferry Management BVI Ltd. owns increased by 7.2% over the second quarter. At the end of the most recent fiscal quarter, Ward Ferry Management BVI Ltd. owned 5,522,130 shares of the company’s stock, which had a market value of $210,393,000. Compared to the prior quarter’s results, this result represents an increase of 369,300 shares. Pictet Asset Management SA purchased a 52.4% ownership stake in H World Group during the second quarter. After purchasing an additional 316,250 shares during the most recent quarter, Pictet Asset Management SA now has 920,119 shares. Based on the current stock price, these shares are $35,057,000. To the tune of 44.79% of the company’s stock, institutional investors and hedge funds collectively hold the company’s shares.
The NASDAQ ticker symbol HTHT rose by $1.58 during Friday’s morning trading session, reaching $48.48.
There were 1,335,803 shares traded in the company’s stock, significantly less than the stock’s typical volume of 1,894,087 shares. The stock’s price has reached $41.57 on its 50-day simple moving average, while it has reached $37.84 on its 200-day simple moving average. The company currently has a price-to-earnings ratio of -46.62, a market capitalization of $15.60 billion, and a beta value of 0.99. There is currently a debt-to-equity ratio of 1.02, a quick ratio of 0.69, and a current ratio of 0.70. All three of these ratios are currently at their respective levels. During the past year, H World Group Limited’s price fluctuated between $21.98 and $49.06. When prices were at their lowest, they stood at $21.98.
The quarterly financial results for H World Group (NASDAQ: HTHT) were made public on Monday, November 28, 2018. These results had been compiled in advance. The company reported that its earnings per share (EPS) for the quarter came in at $0.32, a significant decrease from the analysts’ forecasts, which were $0.05. The company’s earnings for the quarter came in at $0.32, a significant decrease compared to the analysts’ predictions, who were looking for $0.05. Even though market watchers predicted that the company would bring in $573.77 million in sales for the quarter, the actual amount it brought in is $575 million. The company’s return on equity and net margin were in the red for H World Group. The net margin was down 15.98%, and the return on equity was down 21.89%. The company incurred a loss of $0.07 per share during the same period the year before. According to analysts in this sector’s predictions, H World Group Limited will finish the current financial year with a loss of 0.65 cents per share.
The most recent developments at HTHT have piqued the interest of various research groups. The Goldman Sachs Group raised its rating for H World Group from “buy” to “conviction-buy” in a report distributed on Tuesday, January 10—moving it up one notch from its previous standing. The recommendation that StockNews.com had previously given for H World Group was changed from “sell” to “hold” in a report made public on Friday, January 6. The price target that HSBC has set for H World Group has increased from $45.10 to $57.20, as stated in a report published on Wednesday, January 11. The agenda was complete, and this was the final and most important item. The stock has received five buy ratings from financial experts, including one strong buy recommendation, three buy ratings, and one hold rating. The current rating for H World Group is “Buy,” and the consensus price objective for the company is $49.40, according to the data provided by Bloomberg.
The H World Group Ltd. is the name of a company that is in the business of operating hotels and other lodging establishments. The company’s operations can be partitioned into two distinct business categories: Legacy Huazhu and Legacy DH. The primary focus is on hotels classified as economy, moderate, upper-middle-class, and deluxe. Examples of hotel chains considered friendly to one’s wallet include HanTing Hotels, Ni Hao Hotels, Hi Inn Hotels, Elan Hotels, Zleep Hotels, and Ibis Hotels. Hotels that fall into the category of having prices that are considered moderate include the JI Hotel, the Orange Hotel, Starway, and Ibis Styles, amongst others.
