Headlands Technologies LLC Has $712,000 Stake in H World Group Limited Sponsored ADR $HTHT

Headlands Technologies LLC grew its position in H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 253.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,070 shares of the company’s stock after purchasing an additional 12,245 shares during the period. Headlands Technologies LLC’s holdings in H World Group were worth $712,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Capital International Investors grew its holdings in shares of H World Group by 71.8% during the fourth quarter. Capital International Investors now owns 8,334,604 shares of the company’s stock worth $392,143,000 after buying an additional 3,483,760 shares in the last quarter. Kontiki Capital Management HK Ltd. lifted its stake in H World Group by 49.6% in the 4th quarter. Kontiki Capital Management HK Ltd. now owns 3,703,788 shares of the company’s stock valued at $174,263,000 after acquiring an additional 1,228,617 shares in the last quarter. Renaissance Technologies LLC boosted its position in H World Group by 11.1% during the 1st quarter. Renaissance Technologies LLC now owns 1,392,185 shares of the company’s stock worth $70,013,000 after acquiring an additional 139,300 shares during the last quarter. Geode Capital Management LLC boosted its position in H World Group by 1.7% during the 4th quarter. Geode Capital Management LLC now owns 1,334,737 shares of the company’s stock worth $62,241,000 after acquiring an additional 22,129 shares during the last quarter. Finally, Hsbc Holdings PLC boosted its position in H World Group by 44.7% during the 4th quarter. Hsbc Holdings PLC now owns 1,183,612 shares of the company’s stock worth $55,644,000 after acquiring an additional 365,659 shares during the last quarter. 46.41% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on HTHT. Wall Street Zen downgraded shares of H World Group from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Weiss Ratings upgraded shares of H World Group from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, August 26th. 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. Finally, Benchmark reiterated a “buy” rating on shares of H World Group in a research note on Tuesday, August 18th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, H World Group currently has an average rating of “Moderate Buy” and a consensus price target of $61.20.

H World Group Price Performance

NASDAQ:HTHT opened at $46.97 on Wednesday. The company has a market cap of $14.44 billion, a P/E ratio of 20.69, a P/E/G ratio of 1.69 and a beta of 0.15. The firm’s fifty day moving average price is $43.36 and its two-hundred day moving average price is $47.35. H World Group Limited Sponsored ADR has a one year low of $36.03 and a one year high of $56.63. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.21 and a quick ratio of 1.20.

H World Group (NASDAQ:HTHT) last posted its earnings results on Monday, August 17th. The company reported $0.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.74 by $0.04. The company had revenue of $1.05 billion during the quarter, compared to analysts’ expectations of $998.88 million. H World Group had a net margin of 18.90% and a return on equity of 41.05%. Equities analysts expect that H World Group Limited Sponsored ADR will post 2.6 earnings per share for the current year.

H World Group Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, September 22nd. Shareholders of record on Tuesday, September 8th will be given a dividend of $0.87 per share. The ex-dividend date is Tuesday, September 8th. This represents a yield of 373.0%. H World Group’s dividend payout ratio (DPR) is presently 112.78%.

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.