Generation Investment Management Reduces $13M in H World Group Limited ($HTHT)
Key Points
- Generation Investment Management changed its H World Group Limited ($HTHT) stake by 20.9% last quarter, cutting to 1,072,779 shares worth $47.91 million.
- Wall Street's consensus rating on $HTHT is Strong Buy and an average price target of $60.06.
- $HTHT last traded around $44.66.
Generation Investment Management reduced its position in H World Group Limited ($HTHT) by 20.9% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,072,779 shares of H World Group Limited after selling 282,652 shares during the quarter. Generation Investment Management's holdings in H World Group Limited were worth $47.91 million as of its most recent filing.
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About H World Group Limited
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, Jaz in the City, Grand Mercure, Steigenberger Icon, and Song Hotels. The company was formerly known as Huazhu Group Limited and changed its name to H World Group Limited in June 2022. H World Group Limited was founded in 2005 and is headquartered in Shanghai, the People's Republic of China.
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