Swedbank AB Raises Stock Position in 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 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 66,669 shares of the company’s stock after acquiring an additional 20,100 shares during the period. Swedbank AB’s holdings in H World Group were worth $3,137,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. Schroder Investment Management Group grew its stake in H World Group by 5.5% during the third quarter. Schroder Investment Management Group now owns 13,177,593 shares of the company’s stock valued at $515,376,000 after acquiring an additional 690,149 shares in the last quarter. Capital International Investors grew its stake in H World Group by 65.2% in the 3rd quarter. Capital International Investors now owns 4,850,844 shares of the company’s stock worth $189,717,000 after buying an additional 1,913,672 shares in the last quarter. Kontiki Capital Management HK Ltd. purchased a new position in H World Group in the 3rd quarter worth approximately $96,804,000. Capitolis Liquid Global Markets LLC purchased a new position in H World Group in the 3rd quarter worth approximately $87,153,000. Finally, Generation Investment Management LLP grew its stake in H World Group by 0.3% in the 3rd quarter. Generation Investment Management LLP now owns 1,492,241 shares of the company’s stock worth $58,362,000 after buying an additional 4,428 shares in the last quarter. Hedge funds and other institutional investors own 46.41% of the company’s stock.

Insider Activity

In other news, Director Theng Fong Hee sold 31,640 shares of the company’s stock in a transaction on Friday, March 20th. The shares were sold at an average price of $50.96, for a total value of $1,612,374.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 49.40% of the company’s stock.

H World Group Price Performance

Shares of H World Group stock opened at $44.94 on Thursday. H World Group Limited Sponsored ADR has a 52-week low of $30.41 and a 52-week high of $56.63. The stock has a market capitalization of $13.82 billion, a price-to-earnings ratio of 20.15, a price-to-earnings-growth ratio of 1.19 and a beta of 0.15. The company has a fifty day moving average of $49.98 and a 200-day moving average of $49.49. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.93 and a current ratio of 0.93.

H World Group (NASDAQ:HTHT) last announced its quarterly earnings data on Saturday, February 14th. The company reported $0.06 earnings per share (EPS) for the quarter. H World Group had a net margin of 19.22% and a return on equity of 39.73%. The company had revenue of $932.62 million during the quarter. Equities 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 firm also recently disclosed a dividend, which was paid on Wednesday, May 20th. Stockholders of record on Monday, May 4th were paid a $1.30 dividend. The ex-dividend date of this dividend was Monday, May 4th. This represents a dividend yield of 542.0%. H World Group’s dividend payout ratio is 114.80%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Weiss Ratings cut shares of H World Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, May 18th. Wall Street Zen cut shares of H World Group from a “buy” rating to a “hold” rating in a research note on Saturday, May 23rd. Zacks Research raised shares of H World Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, March 19th. Benchmark boosted their price target 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. Finally, UBS Group raised 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 research note on Monday, March 9th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average 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.