California State Teachers Retirement System Has $1.26 Million Position in H World Group Limited (NASDAQ:HTHT)

California State Teachers Retirement System cut its position in H World Group Limited (NASDAQ:HTHT) by 14.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 38,010 shares of the company’s stock after selling 6,497 shares during the quarter. California State Teachers Retirement System’s holdings in H World Group were worth $1,255,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in HTHT. Lansforsakringar Fondforvaltning AB publ bought a new stake in shares of H World Group during the 4th quarter valued at approximately $1,255,000. Public Employees Retirement System of Ohio grew its holdings in shares of H World Group by 135.1% during the 4th quarter. Public Employees Retirement System of Ohio now owns 30,896 shares of the company’s stock valued at $1,020,000 after purchasing an additional 17,756 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of H World Group by 6.8% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,496,643 shares of the company’s stock valued at $49,434,000 after purchasing an additional 95,737 shares during the last quarter. Vident Advisory LLC grew its holdings in shares of H World Group by 27.2% during the 4th quarter. Vident Advisory LLC now owns 27,326 shares of the company’s stock valued at $903,000 after purchasing an additional 5,843 shares during the last quarter. Finally, Temasek Holdings Private Ltd grew its holdings in shares of H World Group by 87.2% during the 4th quarter. Temasek Holdings Private Ltd now owns 4,117,528 shares of the company’s stock valued at $136,002,000 after purchasing an additional 1,917,528 shares during the last quarter. 46.41% of the stock is currently owned by institutional investors and hedge funds.

H World Group Trading Down 0.5%

HTHT opened at $34.91 on Tuesday. H World Group Limited has a fifty-two week low of $27.03 and a fifty-two week high of $42.98. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.88 and a quick ratio of 0.87. The firm has a market capitalization of $10.72 billion, a price-to-earnings ratio of 21.16, a PEG ratio of 1.28 and a beta of 0.48. The company’s 50 day moving average price is $35.09 and its two-hundred day moving average price is $34.55.

H World Group Increases Dividend

The firm also recently announced a — dividend, which was paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 9th were issued a dividend of $0.95 per share. This represents a yield of 4.1%. This is a positive change from H World Group’s previous — dividend of $0.34. The ex-dividend date was Wednesday, April 9th. H World Group’s payout ratio is presently 131.94%.

Analyst Ratings Changes

HTHT has been the topic of several research reports. Morgan Stanley reaffirmed an “overweight” rating on shares of H World Group in a report on Monday, March 31st. JPMorgan Chase & Co. decreased their price target on shares of H World Group from $43.00 to $42.00 and set an “overweight” rating on the stock in a report on Wednesday, May 21st. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, H World Group currently has a consensus rating of “Moderate Buy” and an average target price of $40.80.

H World Group Company Profile

H World Group Limited develops leased and owned, manachised, and franchised hotels in the People's Republic of China. The company operates hotels under its own brands, such as HanTing Hotel, Ni Hao Hotel, Hi Inn, Elan Hotel, Zleep Hotels, Ibis Hotel, JI Hotel, Orange Hotel, Starway Hotel, Ibis Styles Hotel, CitiGO Hotel, Crystal Orange Hotel, IntercityHotel, Manxin Hotel, Mercure Hotel, Madison Hotel, Novotel Hotel, Joya Hotel, Blossom House, Steigenberger Hotels & Resorts, MAXX by Steigenberger, Jaz in the City, Grand Mercure, Steigenberger Icon, and Song Hotels.