Polymer Capital Management HK LTD Has $5.09 Million Stock Holdings in H World Group Limited Sponsored ADR $HTHT

Polymer Capital Management HK LTD grew its position in H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 1,867.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 108,200 shares of the company’s stock after purchasing an additional 102,700 shares during the period. Polymer Capital Management HK LTD’s holdings in H World Group were worth $5,091,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of HTHT. iA Global Asset Management Inc. raised its holdings in shares of 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 acquiring an additional 277 shares during the period. Rhumbline Advisers raised its holdings in shares of H World Group by 1.3% during the third quarter. Rhumbline Advisers now owns 27,305 shares of the company’s stock worth $1,068,000 after acquiring an additional 352 shares during the period. Federation des caisses Desjardins du Quebec raised its holdings in shares of H World Group by 5.2% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 9,899 shares of the company’s stock worth $466,000 after acquiring an additional 486 shares during the period. EverSource Wealth Advisors LLC raised its holdings in shares of 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 acquiring an additional 649 shares during the period. Finally, Macquarie Group Ltd. raised its holdings in shares of H World Group by 5.3% during the fourth quarter. Macquarie Group Ltd. now owns 17,056 shares of the company’s stock worth $802,000 after acquiring an additional 859 shares during the period. 46.41% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have issued reports on HTHT shares. UBS Group upgraded shares of H World Group from a “neutral” rating to a “buy” rating and set a $62.40 price target on the stock in a research note on Monday, March 9th. Weiss Ratings downgraded shares of H World Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, May 18th. Wall Street Zen downgraded shares of H World Group from a “buy” rating to a “hold” rating in a research report on Monday, June 8th. Benchmark lifted their price objective on shares of H World Group from $52.00 to $60.00 and gave the company a “buy” rating in a research report on Thursday, March 19th. Finally, Zacks Research downgraded shares of H World Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 4th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $61.20.

H World Group Stock Performance

Shares of HTHT stock opened at $44.66 on Friday. The company has a market capitalization of $13.73 billion, a price-to-earnings ratio of 20.03, a PEG ratio of 1.24 and a beta of 0.11. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.93 and a current ratio of 0.93. The company has a 50-day simple moving average of $48.63 and a 200 day simple moving average of $49.47. H World Group Limited Sponsored ADR has a 52 week low of $30.41 and a 52 week high of $56.63.

H World Group (NASDAQ:HTHT) last announced its earnings results on Saturday, February 14th. The company reported $0.06 EPS for the quarter. The business 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%. On average, sell-side analysts predict that H World Group Limited Sponsored ADR will post 2.47 earnings per share for the current year.

H World Group Dividend Announcement

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

Insider Activity at H World Group

In related news, Director Theng Fong Hee sold 31,640 shares of H World Group 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 Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 49.40% of the company’s stock.

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.