Capital International Investors Acquires 3,483,760 Shares of H World Group Limited Sponsored ADR $HTHT

Capital International Investors boosted its holdings in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 71.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,334,604 shares of the company’s stock after purchasing an additional 3,483,760 shares during the period. Capital International Investors’ holdings in H World Group were worth $392,143,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in HTHT. Principal Financial Group Inc. acquired a new position in shares of H World Group during the third quarter worth $12,207,000. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in shares of H World Group by 10.9% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 237,340 shares of the company’s stock worth $11,390,000 after buying an additional 23,372 shares in the last quarter. Aubrey Capital Management Ltd acquired a new position in shares of H World Group during the fourth quarter worth $11,946,000. APG Asset Management N.V. increased its holdings in shares of H World Group by 146.8% during the third quarter. APG Asset Management N.V. now owns 108,093 shares of the company’s stock worth $4,228,000 after buying an additional 64,300 shares in the last quarter. Finally, Serenity Capital Management PTE. LTD. increased its holdings in shares of H World Group by 126.0% during the third quarter. Serenity Capital Management PTE. LTD. now owns 1,274,391 shares of the company’s stock worth $49,841,000 after buying an additional 710,431 shares in the last quarter. 46.41% of the stock is currently owned by institutional investors.

H World Group Stock Performance

NASDAQ HTHT opened at $45.00 on Monday. The company has a market capitalization of $13.84 billion, a price-to-earnings ratio of 20.18, a PEG ratio of 1.24 and a beta of 0.11. H World Group Limited Sponsored ADR has a twelve month low of $30.41 and a twelve month high of $56.63. The stock has a fifty day simple moving average of $49.20 and a 200 day simple moving average of $49.51. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.49.

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

H World Group Announces Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, May 20th. Investors of record on Monday, May 4th were issued a $1.30 dividend. This represents a yield of 542.0%. The ex-dividend date was Monday, May 4th. H World Group’s dividend payout ratio is presently 114.80%.

Insiders Place Their Bets

In related news, Director Theng Fong Hee sold 31,640 shares of the stock in a transaction on Friday, March 20th. The stock was 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 available through this hyperlink. 49.40% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Wall Street Zen downgraded shares of H World Group from a “buy” rating to a “hold” rating in a report on Monday. Benchmark upped their price target 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. Zacks Research downgraded shares of H World Group from a “strong-buy” rating to a “hold” rating in a report on Thursday. Weiss Ratings downgraded shares of H World Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, May 18th. Finally, UBS Group upgraded shares of H World Group from a “neutral” rating to a “buy” rating and set a $62.40 price target for the company in a report on Monday, March 9th. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $61.20.

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.