Capital International Sarl Buys New Stake in H World Group Limited Sponsored ADR $HTHT

Capital International Sarl bought a new stake in H World Group Limited Sponsored ADR (NASDAQ:HTHT) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 35,266 shares of the company’s stock, valued at approximately $1,659,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Principal Financial Group Inc. acquired a new position in H World Group in the 3rd quarter valued at $12,207,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in H World Group by 10.9% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 237,340 shares of the company’s stock valued at $11,390,000 after buying an additional 23,372 shares during the last quarter. Aubrey Capital Management Ltd acquired a new position in H World Group in the 4th quarter valued at $11,946,000. APG Asset Management N.V. grew its stake in H World Group by 146.8% in the 3rd quarter. APG Asset Management N.V. now owns 108,093 shares of the company’s stock valued at $4,228,000 after buying an additional 64,300 shares during the last quarter. Finally, Serenity Capital Management PTE. LTD. grew its stake in H World Group by 126.0% in the 3rd quarter. Serenity Capital Management PTE. LTD. now owns 1,274,391 shares of the company’s stock valued at $49,841,000 after buying an additional 710,431 shares during the last quarter. 46.41% of the stock is currently owned by institutional investors and hedge funds.

H World Group Stock Performance

NASDAQ:HTHT opened at $45.00 on Monday. The firm’s 50-day moving average is $49.20 and its 200-day moving average is $49.51. H World Group Limited Sponsored ADR has a 52-week low of $30.41 and a 52-week high of $56.63. 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 market cap 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 (NASDAQ:HTHT) last posted 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 for the quarter. Equities research analysts anticipate 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 disclosed a dividend, which was paid on Wednesday, May 20th. Stockholders of record on Monday, May 4th were issued a dividend of $1.30 per share. The ex-dividend date was Monday, May 4th. This represents a dividend yield of 542.0%. H World Group’s payout ratio is presently 114.80%.

Insider Activity

In other news, Director Theng Fong Hee sold 31,640 shares of the business’s 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 transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 49.40% of the company’s stock.

Analyst Upgrades and Downgrades

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