Dymon Asia Capital Singapore PTE. LTD. Invests $2.55 Million in H World Group Limited (NASDAQ:HTHT)

Dymon Asia Capital Singapore PTE. LTD. purchased a new stake in H World Group Limited (NASDAQ:HTHT) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 77,100 shares of the company’s stock, valued at approximately $2,547,000. H World Group accounts for approximately 0.6% of Dymon Asia Capital Singapore PTE. LTD.’s investment portfolio, making the stock its 11th biggest position.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Geode Capital Management LLC boosted its position in shares of H World Group by 2.5% in the fourth quarter. Geode Capital Management LLC now owns 1,318,279 shares of the company’s stock valued at $43,276,000 after acquiring an additional 32,409 shares during the period. Arrowstreet Capital Limited Partnership increased its holdings in shares of H World Group by 1,325.5% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,153,267 shares of the company’s stock worth $38,092,000 after purchasing an additional 1,072,366 shares during the period. FIL Ltd raised its position in shares of H World Group by 32.9% in the fourth quarter. FIL Ltd now owns 1,032,700 shares of the company’s stock valued at $34,110,000 after buying an additional 255,829 shares in the last quarter. Renaissance Technologies LLC boosted its stake in shares of H World Group by 213.6% in the fourth quarter. Renaissance Technologies LLC now owns 983,585 shares of the company’s stock valued at $32,488,000 after buying an additional 669,985 shares during the period. Finally, Norges Bank bought a new position in H World Group during the 4th quarter worth $29,005,000. 46.41% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

HTHT has been the subject of a number of recent analyst reports. Hsbc Global Res downgraded H World Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 4th. HSBC downgraded shares of H World Group from a “buy” rating to a “hold” rating and set a $32.40 price objective on the stock. in a research note on Wednesday, February 5th. Finally, Morgan Stanley restated an “overweight” rating on shares of H World Group in a research report on Monday, March 31st. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, H World Group presently has an average rating of “Moderate Buy” and an average target price of $44.68.

H World Group Price Performance

Shares of HTHT stock opened at $31.82 on Friday. The business has a fifty day simple moving average of $35.62 and a 200 day simple moving average of $35.22. The company has a market cap of $9.97 billion, a P/E ratio of 19.28, a P/E/G ratio of 1.28 and a beta of 0.60. The company has a quick ratio of 0.87, a current ratio of 0.88 and a debt-to-equity ratio of 0.60. H World Group Limited has a twelve month low of $27.03 and a twelve month high of $42.98.

H World Group Increases Dividend

The business also recently declared a — dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 9th will be issued a dividend of $0.95 per share. The ex-dividend date of this dividend is Wednesday, April 9th. This is a positive change from H World Group’s previous — dividend of $0.34. This represents a dividend yield of 4.1%. H World Group’s payout ratio is 141.79%.

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.