Hantz Financial Services Inc. increased its holdings in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT – Free Report) by 575.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,446 shares of the company’s stock after buying an additional 1,232 shares during the quarter. Hantz Financial Services Inc.’s holdings in H World Group were worth $49,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds also recently made changes to their positions in HTHT. USA Financial Formulas acquired a new stake in shares of H World Group in the second quarter worth about $28,000. Brooklyn Investment Group acquired a new position in shares of H World Group during the 1st quarter worth about $40,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of H World Group during the 1st quarter worth about $51,000. Taikang Asset Management Hong Kong Co Ltd acquired a new position in shares of H World Group during the 1st quarter worth about $189,000. Finally, Greenleaf Trust acquired a new position in shares of H World Group during the 1st quarter worth about $226,000. Institutional investors and hedge funds own 46.41% of the company’s stock.
Analyst Upgrades and Downgrades
HTHT has been the topic of several research reports. HSBC upgraded H World Group from a “hold” rating to a “buy” rating in a research note on Monday, October 27th. Hsbc Global Res upgraded H World Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 27th. Wall Street Zen lowered H World Group from a “buy” rating to a “hold” rating in a research note on Saturday, October 25th. Weiss Ratings restated a “hold (c+)” rating on shares of H World Group in a research note on Tuesday, October 14th. Finally, Zacks Research upgraded H World Group from a “strong sell” rating to a “hold” rating in a research note on Thursday, August 28th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $40.80.
H World Group Stock Up 1.4%
NASDAQ:HTHT opened at $40.73 on Thursday. The company has a market cap of $12.53 billion, a price-to-earnings ratio of 24.54, a P/E/G ratio of 1.83 and a beta of 0.35. 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’s fifty day moving average price is $38.12 and its two-hundred day moving average price is $35.67. H World Group Limited Sponsored ADR has a 52-week low of $30.13 and a 52-week high of $40.79.
H World Group Announces Dividend
The company also recently disclosed a semi-annual dividend, which was paid on Friday, September 26th. Shareholders of record on Tuesday, September 9th were given a $0.79 dividend. This represents a yield of 435.0%. The ex-dividend date was Tuesday, September 9th. H World Group’s dividend payout ratio (DPR) is presently 95.18%.
About H World Group
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.
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