H World Group Limited Sponsored ADR $HTHT Shares Purchased by US Bancorp DE

US Bancorp DE raised its stake in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 221.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 21,207 shares of the company’s stock after buying an additional 14,607 shares during the period. US Bancorp DE’s holdings in H World Group were worth $719,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. Sumitomo Mitsui DS Asset Management Company Ltd grew its stake in shares of H World Group by 7.4% in the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 9,424 shares of the company’s stock worth $349,000 after purchasing an additional 646 shares during the last quarter. Skandinaviska Enskilda Banken AB publ grew its stake in shares of H World Group by 2.1% in the 1st quarter. Skandinaviska Enskilda Banken AB publ now owns 39,500 shares of the company’s stock worth $1,462,000 after purchasing an additional 800 shares during the last quarter. USA Financial Formulas acquired a new position in shares of H World Group in the 2nd quarter worth approximately $28,000. AQR Capital Management LLC grew its stake in shares of H World Group by 11.2% in the 1st quarter. AQR Capital Management LLC now owns 9,319 shares of the company’s stock worth $338,000 after purchasing an additional 936 shares during the last quarter. Finally, Brooklyn Investment Group acquired a new position in shares of H World Group in the 1st quarter worth approximately $40,000. Institutional investors and hedge funds own 46.41% of the company’s stock.

H World Group Stock Performance

HTHT stock opened at $37.79 on Friday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.81 and a current ratio of 0.81. The stock has a market cap of $11.63 billion, a P/E ratio of 22.77, a P/E/G ratio of 1.81 and a beta of 0.35. The firm has a 50 day simple moving average of $36.90 and a 200 day simple moving average of $35.15. H World Group Limited Sponsored ADR has a 52 week low of $30.13 and a 52 week high of $40.56.

H World Group Announces Dividend

The business also recently declared a semi-annual dividend, which was paid on Friday, September 26th. Investors of record on Tuesday, September 9th were issued a dividend of $0.79 per share. This represents a dividend yield of 435.0%. The ex-dividend date was Tuesday, September 9th. H World Group’s dividend payout ratio (DPR) is currently 95.18%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on HTHT. Zacks Research raised shares of H World Group from a “strong sell” rating to a “hold” rating in a research note on Thursday, August 28th. Weiss Ratings reiterated a “hold (c+)” rating on shares of H World Group in a report on Tuesday, October 14th. Finally, Wall Street Zen upgraded shares of H World Group from a “hold” rating to a “buy” rating in a report on Sunday, September 28th. Three research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $40.80.

H World Group 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.