Capital International Inc. CA lifted its holdings in H World Group Limited Sponsored ADR (NASDAQ:HTHT – Free Report) by 406.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 840,173 shares of the company’s stock after purchasing an additional 674,438 shares during the quarter. Capital International Inc. CA’s holdings in H World Group were worth $39,530,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently modified their holdings of HTHT. TD Private Client Wealth LLC purchased a new position in shares of H World Group in the fourth quarter valued at $45,000. EverSource Wealth Advisors LLC boosted its stake in H World Group by 81.0% during the second quarter. EverSource Wealth Advisors LLC now owns 1,450 shares of the company’s stock worth $49,000 after buying an additional 649 shares during the period. Caitong International Asset Management Co. Ltd purchased a new position in H World Group during the third quarter worth $66,000. Osaic Holdings Inc. boosted its stake in H World Group by 889.5% during the second quarter. Osaic Holdings Inc. now owns 2,266 shares of the company’s stock worth $77,000 after buying an additional 2,037 shares during the period. Finally, iA Global Asset Management Inc. boosted its stake in H World Group by 20.1% during the fourth quarter. iA Global Asset Management Inc. now owns 1,653 shares of the company’s stock worth $78,000 after buying an additional 277 shares during the period. 46.41% of the stock is owned by hedge funds and other institutional investors.
H World Group Stock Up 0.5%
NASDAQ:HTHT opened at $45.00 on Friday. H World Group Limited Sponsored ADR has a twelve month low of $30.41 and a twelve month high of $56.63. The company has a market cap of $13.84 billion, a price-to-earnings ratio of 20.18, a price-to-earnings-growth ratio of 1.24 and a beta of 0.11. The stock has a fifty day simple moving average of $49.20 and a 200-day simple moving average of $49.48. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.49.
H World Group Dividend Announcement
The firm also recently announced a dividend, which was paid on Wednesday, May 20th. Stockholders of record on Monday, May 4th were given a dividend of $1.30 per share. This represents a dividend yield of 542.0%. The ex-dividend date was Monday, May 4th. H World Group’s dividend payout ratio (DPR) is 114.80%.
Analyst Ratings Changes
HTHT has been the subject of several recent analyst reports. Weiss Ratings lowered shares of H World Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, May 18th. Zacks Research lowered shares of H World Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday. UBS Group raised shares of H World Group from a “neutral” rating to a “buy” rating and set a $62.40 price objective for the company in a research note on Monday, March 9th. Wall Street Zen raised shares of H World Group from a “hold” rating to a “buy” rating in a research note on Sunday, May 31st. Finally, Benchmark lifted their price objective on shares of H World Group from $52.00 to $60.00 and gave the stock a “buy” rating in a research note on Thursday, March 19th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, H World Group presently has a consensus rating of “Moderate Buy” and a consensus price target of $61.20.
Read Our Latest Report on HTHT
Insider Buying and Selling at H World Group
In other news, Director Theng Fong Hee sold 31,640 shares of H World Group stock in a transaction on Friday, March 20th. The stock was sold at an average price of $50.96, for a total transaction of $1,612,374.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 49.40% of the company’s stock.
H World Group Profile
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.
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