National Pension Service Acquires 40,405 Shares of H World Group Limited Sponsored ADR $HTHT

National Pension Service grew its stake in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHTFree Report) by 64.8% during the 2nd quarter, HoldingsChannel reports. The fund owned 102,774 shares of the company’s stock after buying an additional 40,405 shares during the period. National Pension Service’s holdings in H World Group were worth $4,288,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in HTHT. TD Private Client Wealth LLC purchased a new position in shares of H World Group in the fourth quarter valued at $45,000. EverSource Wealth Advisors LLC lifted its holdings in H World Group by 81.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,450 shares of the company’s stock worth $49,000 after purchasing an additional 649 shares in the last quarter. iA Global Asset Management Inc. lifted its holdings in H World Group by 20.1% during the 4th quarter. iA Global Asset Management Inc. now owns 1,653 shares of the company’s stock worth $78,000 after purchasing an additional 277 shares in the last quarter. Summit Securities Group LLC bought a new position in H World Group in the 1st quarter worth about $85,000. Finally, Caitong International Asset Management Co. Ltd bought a new position in H World Group in the 3rd quarter worth about $66,000. 46.41% of the stock is owned by institutional investors.

H World Group Price Performance

Shares of HTHT opened at $42.66 on Monday. H World Group Limited Sponsored ADR has a 1 year low of $36.54 and a 1 year high of $56.63. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.21 and a quick ratio of 1.20. The stock has a 50 day simple moving average of $43.78 and a two-hundred day simple moving average of $46.86. The firm has a market cap of $13.12 billion, a P/E ratio of 18.79, a P/E/G ratio of 1.52 and a beta of 0.15.

H World Group (NASDAQ:HTHTGet Free Report) last posted its quarterly earnings results on Monday, August 17th. The company reported $0.78 EPS for the quarter, topping the consensus estimate of $0.74 by $0.04. H World Group had a net margin of 18.90% and a return on equity of 41.05%. The firm had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $998.88 million. On average, analysts forecast that H World Group Limited Sponsored ADR will post 2.6 earnings per share for the current fiscal year.

H World Group Cuts Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, September 22nd. Investors of record on Tuesday, September 8th will be given a $0.87 dividend. This represents a yield of 394.0%. The ex-dividend date is Tuesday, September 8th. H World Group’s dividend payout ratio (DPR) is presently 74.89%.

Analyst Upgrades and Downgrades

HTHT has been the topic of several analyst reports. Benchmark reiterated a “buy” rating on shares of H World Group in a research report on Tuesday, August 18th. Weiss Ratings lowered shares of H World Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday. Zacks Research cut shares of H World Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 4th. Finally, Wall Street Zen raised shares of H World Group from a “hold” rating to a “buy” rating in a report on Saturday, September 5th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $61.20.

Read Our Latest Research Report on H World Group

H World Group Company Profile

(Free Report)

H World Group Limited (NASDAQ: HTHT) is a global hospitality company that develops, operates and franchises hotels. The company provides accommodation and related services to business and leisure travelers through a portfolio spanning economy, midscale, upscale and luxury segments.

In China, H World’s brands include HanTing Hotel, Hi Inn, Ji Hotel, Starway, Orange Hotel and Crystal Orange. Through its international operations, the company also operates brands such as Steigenberger Hotels & Resorts, IntercityHotel, MAXX by Steigenberger, Jaz in the City and Zleep Hotels.

See Also

Want to see what other hedge funds are holding HTHT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for H World Group Limited Sponsored ADR (NASDAQ:HTHTFree Report).

Institutional Ownership by Quarter for H World Group (NASDAQ:HTHT)

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