Swedbank AB Purchases 20,100 Shares of H World Group Limited Sponsored ADR $HTHT

Swedbank AB boosted its position in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 43.2% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 66,669 shares of the company’s stock after acquiring an additional 20,100 shares during the quarter. Swedbank AB’s holdings in H World Group were worth $3,137,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. TD Private Client Wealth LLC bought a new stake in H World Group during the 4th quarter valued at $45,000. EverSource Wealth Advisors LLC raised its holdings in H World Group by 81.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,450 shares of the company’s stock valued at $49,000 after buying an additional 649 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in H World Group during the 3rd quarter valued at $66,000. Osaic Holdings Inc. raised its holdings in H World Group by 889.5% during the 2nd quarter. Osaic Holdings Inc. now owns 2,266 shares of the company’s stock valued at $77,000 after buying an additional 2,037 shares during the last quarter. Finally, iA Global Asset Management Inc. raised its holdings in H World Group by 20.1% during the 4th quarter. iA Global Asset Management Inc. now owns 1,653 shares of the company’s stock valued at $78,000 after buying an additional 277 shares during the last quarter. 46.41% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, Director Theng Fong Hee sold 31,640 shares of the stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $50.96, for a total transaction of $1,612,374.40. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 49.40% of the company’s stock.

Analyst Ratings Changes

HTHT has been the subject of a number of recent analyst reports. Zacks Research upgraded shares of H World Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 19th. UBS Group upgraded 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 report on Monday, March 9th. Weiss Ratings lowered shares of H World Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, May 18th. Benchmark upped their price objective on shares of H World Group from $52.00 to $60.00 and gave the stock a “buy” rating in a report on Thursday, March 19th. Finally, Wall Street Zen lowered shares of H World Group from a “buy” rating to a “hold” rating in a report on Saturday, May 23rd. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $61.20.

H World Group Stock Up 4.2%

Shares of H World Group stock opened at $44.94 on Thursday. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.93 and a quick ratio of 0.93. The company has a 50-day moving average of $49.98 and a 200 day moving average of $49.49. The firm has a market cap of $13.82 billion, a price-to-earnings ratio of 20.15, a PEG ratio of 1.19 and a beta of 0.15. H World Group Limited Sponsored ADR has a 1 year low of $30.41 and a 1 year high of $56.63.

H World Group (NASDAQ:HTHT) last issued its quarterly earnings results on Saturday, February 14th. The company reported $0.06 earnings per share (EPS) for the quarter. The company had revenue of $932.62 million during the quarter. H World Group had a net margin of 19.22% and a return on equity of 39.73%. As a group, sell-side analysts anticipate that H World Group Limited Sponsored ADR will post 2.47 earnings per share for the current fiscal year.

H World Group Announces Dividend

The firm also recently declared a dividend, which was paid on Wednesday, May 20th. Investors of record on Monday, May 4th were paid a $1.30 dividend. 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 presently 114.80%.

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.