H World Group (NASDAQ:HTHT) Director Sells $1,612,374.40 in Stock

H World Group Limited Sponsored ADR (NASDAQ:HTHT) Director Theng Fong Hee sold 31,640 shares of the business’s stock in a transaction on Friday, March 20th. The shares were sold at an average price of $50.96, for a total value of $1,612,374.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

H World Group Price Performance

HTHT traded down $0.06 on Monday, reaching $50.08. The stock had a trading volume of 356,146 shares, compared to its average volume of 1,662,860. The company has a market capitalization of $15.42 billion, a price-to-earnings ratio of 22.23, a price-to-earnings-growth ratio of 1.09 and a beta of 0.11. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.27. H World Group Limited Sponsored ADR has a fifty-two week low of $30.20 and a fifty-two week high of $56.63. The firm has a 50-day moving average of $51.33 and a 200-day moving average of $45.73.

H World Group Announces Dividend

The business also recently announced a dividend, which will be paid on Wednesday, May 20th. Investors of record on Monday, May 4th will be paid a $1.30 dividend. This represents a yield of 518.0%. The ex-dividend date of this dividend is Monday, May 4th. H World Group’s dividend payout ratio (DPR) is currently 70.22%.

Institutional Investors Weigh In On H World Group

Several institutional investors have recently bought and sold shares of the company. Schroder Investment Management Group lifted its holdings in shares of H World Group by 95.0% during the 2nd quarter. Schroder Investment Management Group now owns 12,487,444 shares of the company’s stock valued at $423,574,000 after purchasing an additional 6,082,369 shares during the last quarter. Capital International Investors increased its position in H World Group by 71.8% during the 4th quarter. Capital International Investors now owns 8,334,604 shares of the company’s stock valued at $392,143,000 after buying an additional 3,483,760 shares in the last quarter. Kontiki Capital Management HK Ltd. purchased a new stake in H World Group in the third quarter valued at about $96,804,000. Mitsubishi UFJ Trust & Banking Corp increased its position in shares of H World Group by 43.2% in the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 8,026,731 shares of the company’s stock valued at $313,925,000 after acquiring an additional 2,420,473 shares during the period. Finally, Capitolis Liquid Global Markets LLC purchased a new stake in H World Group in the third quarter valued at approximately $87,153,000. 46.41% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on HTHT shares. UBS Group raised shares of H World Group from a “neutral” rating to a “buy” rating and set a $62.40 target price for the company in a report on Monday, March 9th. Zacks Research upgraded H World Group from a “hold” rating to a “strong-buy” rating in a report on Thursday. Weiss Ratings reiterated a “buy (b-)” rating on shares of H World Group in a report on Monday, December 29th. Benchmark increased their price target on H World Group from $52.00 to $60.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, Wall Street Zen upgraded H World Group from a “hold” rating to a “buy” rating in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating and six have assigned a Buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $54.80.

About H World Group

H World Group, formerly known as Huazhu Group, is a leading hotel management and franchising company primarily serving the China market. The company operates a broad portfolio of midscale to luxury hotel brands, including Hi Inn, Blossom, Manxin, Madison International, Joya, Grand Mercure, Novotel, Mercure and ibis. Through a network of both directly managed and franchised properties, H World Group caters to business and leisure travelers by offering consistent service standards and loyalty benefits across its brands.

In addition to its core hotel operations, H World Group provides technology-driven hospitality solutions such as centralized reservation systems, revenue management platforms and customer relationship management tools.