H World Group Limited Sponsored ADR $HTHT Shares Bought by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D grew its stake in H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 48.4% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 254,803 shares of the company’s stock after buying an additional 83,112 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in H World Group were worth $8,643,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. USA Financial Formulas acquired a new position in shares of H World Group in the 2nd quarter valued at about $28,000. Brooklyn Investment Group acquired a new position in shares of H World Group in the 1st quarter valued at $40,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of H World Group in the 1st quarter valued at $51,000. Taikang Asset Management Hong Kong Co Ltd acquired a new position in shares of H World Group in the first quarter worth about $189,000. Finally, Greenleaf Trust acquired a new position in shares of H World Group in the first quarter worth about $226,000. Institutional investors and hedge funds own 46.41% of the company’s stock.

Analyst Ratings Changes

HTHT has been the subject of a number of analyst reports. Zacks Research upgraded shares of H World Group from a “strong sell” rating to a “hold” rating in a research report on Thursday, August 28th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of H World Group in a report on Tuesday, October 14th. Finally, Wall Street Zen downgraded H World Group from a “buy” rating to a “hold” rating in a research note on Saturday. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $40.80.

H World Group Price Performance

NASDAQ:HTHT opened at $38.61 on Monday. H World Group Limited Sponsored ADR has a one year low of $30.13 and a one year high of $40.56. 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 has a market cap of $11.88 billion, a PE ratio of 23.26, a P/E/G ratio of 1.85 and a beta of 0.35. The stock has a 50 day moving average price of $37.48 and a 200 day moving average price of $35.37.

H World Group Announces Dividend

The business also recently announced a semi-annual dividend, which was paid on Friday, September 26th. Shareholders of record on Tuesday, September 9th were paid a $0.79 dividend. The ex-dividend date of this dividend was Tuesday, September 9th. This represents a dividend yield of 435.0%. H World Group’s dividend payout ratio (DPR) is 95.18%.

H World Group Company 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.