Ethic Inc. Sells 1,912 Shares of H World Group Limited (NASDAQ:HTHT)

Ethic Inc. lowered its position in shares of H World Group Limited (NASDAQ:HTHT) by 20.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,337 shares of the company’s stock after selling 1,912 shares during the period. Ethic Inc.’s holdings in H World Group were worth $242,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in HTHT. Daiwa Securities Group Inc. bought a new stake in shares of H World Group during the fourth quarter valued at approximately $33,000. US Bancorp DE boosted its holdings in H World Group by 21.2% in the fourth quarter. US Bancorp DE now owns 4,839 shares of the company’s stock worth $160,000 after purchasing an additional 845 shares during the last quarter. Blue Trust Inc. boosted its holdings in H World Group by 13.5% in the fourth quarter. Blue Trust Inc. now owns 5,467 shares of the company’s stock worth $181,000 after purchasing an additional 650 shares during the last quarter. iA Global Asset Management Inc. purchased a new stake in H World Group in the fourth quarter worth approximately $196,000. Finally, Mariner LLC boosted its holdings in H World Group by 33.8% in the fourth quarter. Mariner LLC now owns 8,120 shares of the company’s stock worth $268,000 after purchasing an additional 2,050 shares during the last quarter. Institutional investors own 46.41% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on HTHT. Morgan Stanley restated an “overweight” rating on shares of H World Group in a report on Monday, March 31st. HSBC cut shares of H World Group from a “buy” rating to a “hold” rating and set a $32.40 target price on the stock. in a report on Wednesday, February 5th. Finally, Hsbc Global Res cut shares of H World Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 4th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, H World Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $42.80.

H World Group Trading Up 0.7%

Shares of H World Group stock opened at $37.58 on Friday. The company’s fifty day simple moving average is $35.64 and its 200-day simple moving average is $34.65. The stock has a market capitalization of $11.53 billion, a PE ratio of 22.78, a P/E/G ratio of 1.28 and a beta of 0.45. H World Group Limited has a 1-year low of $27.03 and a 1-year high of $42.98. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.88 and a quick ratio of 0.87.

H World Group Increases Dividend

The firm also recently declared a — dividend, which was paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 9th were paid a dividend of $0.95 per share. This represents a dividend yield of 4.1%. The ex-dividend date was Wednesday, April 9th. This is a boost from H World Group’s previous — dividend of $0.34. H World Group’s dividend payout ratio (DPR) is currently 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.