Capital Fund Management S.A. decreased its position in H World Group Limited (NASDAQ:HTHT – Free Report) by 19.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 331,924 shares of the company’s stock after selling 77,792 shares during the period. Capital Fund Management S.A.’s holdings in H World Group were worth $10,963,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors also recently made changes to their positions in the company. Renaissance Technologies LLC grew its holdings in H World Group by 213.6% in the 4th 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 in the last quarter. FIL Ltd increased its position in H World Group by 32.9% during the fourth quarter. FIL Ltd now owns 1,032,700 shares of the company’s stock worth $34,110,000 after acquiring an additional 255,829 shares during the period. Envestnet Asset Management Inc. raised its stake in H World Group by 41.6% in the 4th quarter. Envestnet Asset Management Inc. now owns 9,446 shares of the company’s stock worth $312,000 after purchasing an additional 2,774 shares in the last quarter. Aviva PLC boosted its holdings in H World Group by 1.8% in the 4th quarter. Aviva PLC now owns 137,800 shares of the company’s stock valued at $4,552,000 after purchasing an additional 2,400 shares during the period. Finally, Resona Asset Management Co. Ltd. bought a new position in shares of H World Group during the fourth quarter worth approximately $1,618,000. Institutional investors own 46.41% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities analysts have commented on HTHT shares. HSBC lowered 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. Morgan Stanley reaffirmed an “overweight” rating on shares of H World Group in a research report on Monday, March 31st. Finally, Hsbc Global Res lowered shares of H World Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 4th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $44.68.
H World Group Stock Performance
NASDAQ:HTHT opened at $32.40 on Friday. H World Group Limited has a twelve month low of $27.03 and a twelve month high of $42.98. The company has a quick ratio of 0.87, a current ratio of 0.88 and a debt-to-equity ratio of 0.60. The stock’s 50-day simple moving average is $35.63 and its 200 day simple moving average is $35.23. The firm has a market capitalization of $10.15 billion, a PE ratio of 19.64, a price-to-earnings-growth ratio of 1.28 and a beta of 0.60.
H World Group Increases Dividend
The business also recently declared a — dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 9th will be paid a $0.95 dividend. This is an increase from H World Group’s previous — dividend of $0.34. This represents a dividend yield of 4.1%. The ex-dividend date of this dividend is Wednesday, April 9th. H World Group’s dividend payout ratio (DPR) is presently 141.79%.
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.
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