H World Group Limited Sponsored ADR $HTHT Shares Sold by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. lowered its stake in H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 3.4% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 32,762 shares of the company’s stock after selling 1,164 shares during the quarter. Asset Management One Co. Ltd.’s holdings in H World Group were worth $1,111,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in HTHT. Sumitomo Mitsui Trust Group Inc. grew its stake in H World Group by 0.6% in the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 485,525 shares of the company’s stock valued at $17,969,000 after acquiring an additional 2,760 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd grew its stake in 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 valued at $349,000 after acquiring an additional 646 shares during the period. DAVENPORT & Co LLC acquired a new stake in H World Group in the 1st quarter valued at $1,294,000. IFM Investors Pty Ltd grew its stake in H World Group by 37.9% in the 1st quarter. IFM Investors Pty Ltd now owns 11,730 shares of the company’s stock valued at $436,000 after acquiring an additional 3,223 shares during the period. Finally, Bank of New York Mellon Corp grew its stake in H World Group by 8.5% in the 1st quarter. Bank of New York Mellon Corp now owns 220,697 shares of the company’s stock valued at $8,168,000 after acquiring an additional 17,279 shares during the period. Institutional investors and hedge funds own 46.41% of the company’s stock.

H World Group Stock Up 0.1%

NASDAQ HTHT opened at $38.29 on Thursday. H World Group Limited Sponsored ADR has a 52 week low of $30.13 and a 52 week high of $40.56. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.32. The business’s fifty day simple moving average is $37.76 and its 200-day simple moving average is $35.50. The firm has a market cap of $11.78 billion, a PE ratio of 23.07, a P/E/G ratio of 1.83 and a beta of 0.35.

H World Group Announces Dividend

The business also recently declared a semi-annual dividend, which was paid on Friday, September 26th. Stockholders 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 payout ratio is currently 95.18%.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on HTHT shares. Weiss Ratings reissued a “hold (c+)” rating on shares of H World Group in a research note on Tuesday, October 14th. Wall Street Zen cut shares of H World Group from a “buy” rating to a “hold” rating in a research report on Saturday, October 25th. 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. HSBC raised shares of H World Group from a “hold” rating to a “buy” rating in a research note on Monday. Finally, Hsbc Global Res raised shares of H World Group from a “hold” rating to a “strong-buy” rating in a research note on Monday. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” 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.