XY Capital Ltd lessened its stake in H World Group Limited Sponsored ADR (NASDAQ:HTHT – Free Report) by 40.0% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 41,077 shares of the company’s stock after selling 27,348 shares during the period. H World Group accounts for about 1.2% of XY Capital Ltd’s holdings, making the stock its 17th biggest position. XY Capital Ltd’s holdings in H World Group were worth $1,933,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also recently added to or reduced their stakes in HTHT. Capital International Investors increased its position in H World Group by 71.8% in the 4th quarter. Capital International Investors now owns 8,334,604 shares of the company’s stock valued at $392,143,000 after acquiring an additional 3,483,760 shares during the period. Kontiki Capital Management HK Ltd. acquired a new position in H World Group in the 3rd quarter valued at about $96,804,000. Capitolis Liquid Global Markets LLC acquired a new position in H World Group in the 3rd quarter valued at about $87,153,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in H World Group by 359.1% in the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,137,700 shares of the company’s stock valued at $44,495,000 after acquiring an additional 889,869 shares during the period. Finally, True Light Capital Pte. Ltd. acquired a new position in H World Group in the 4th quarter valued at about $37,602,000. Institutional investors and hedge funds own 46.41% of the company’s stock.
Analyst Ratings Changes
Several equities analysts recently issued reports on HTHT shares. Wall Street Zen cut H World Group from a “buy” rating to a “hold” rating in a research report on Monday. Weiss Ratings cut H World Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, May 18th. Zacks Research cut H World Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 4th. Benchmark boosted their price target on 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, UBS Group upgraded H World Group from a “neutral” rating to a “buy” rating and set a $62.40 price target on the stock in a research 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 company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $61.20.
H World Group Stock Performance
NASDAQ HTHT opened at $44.92 on Friday. The stock has a market capitalization of $13.81 billion, a price-to-earnings ratio of 20.14, a PEG ratio of 1.23 and a beta of 0.11. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.49. The business’s 50 day moving average is $48.77 and its two-hundred day moving average is $49.51. H World Group Limited Sponsored ADR has a 12-month low of $30.41 and a 12-month high of $56.63.
H World Group (NASDAQ:HTHT – Get Free Report) last released its quarterly earnings results on Saturday, February 14th. The company reported $0.06 earnings per share for the quarter. The business had revenue of $932.62 million for the quarter. H World Group had a return on equity of 39.73% and a net margin of 19.22%. Research analysts expect that H World Group Limited Sponsored ADR will post 2.47 EPS for the current year.
H World Group Announces Dividend
The company also recently declared a dividend, which was paid on Wednesday, May 20th. Investors of record on Monday, May 4th were issued a $1.30 dividend. The ex-dividend date was Monday, May 4th. This represents a dividend yield of 542.0%. H World Group’s dividend payout ratio is currently 114.80%.
Insider Buying and Selling at H World Group
In related news, Director Theng Fong Hee sold 31,640 shares of the company’s stock in a transaction that occurred 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 legal filing with the SEC, which is available at this link. 49.40% of the stock is currently owned by corporate insiders.
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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