Waverton Investment Management Ltd Acquires 14,459 Shares of H World Group Limited Sponsored ADR $HTHT

Waverton Investment Management Ltd grew its holdings in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 7.2% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 216,128 shares of the company’s stock after buying an additional 14,459 shares during the quarter. Waverton Investment Management Ltd owned 0.07% of H World Group worth $7,334,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of HTHT. China Universal Asset Management Co. Ltd. boosted its holdings in shares of H World Group by 5,000.0% in the first quarter. China Universal Asset Management Co. Ltd. now owns 10,200 shares of the company’s stock valued at $378,000 after purchasing an additional 10,000 shares during the period. BRIGHT VALLEY CAPITAL Ltd purchased a new stake in shares of H World Group in the first quarter valued at approximately $814,000. Nordea Investment Management AB boosted its holdings in shares of H World Group by 40.2% in the second quarter. Nordea Investment Management AB now owns 790,947 shares of the company’s stock valued at $26,865,000 after purchasing an additional 226,865 shares during the period. Bank of New York Mellon Corp boosted its holdings in shares of H World Group by 8.5% in the first quarter. Bank of New York Mellon Corp now owns 220,697 shares of the company’s stock valued at $8,168,000 after purchasing an additional 17,279 shares during the period. Finally, Northern Trust Corp boosted its holdings in shares of H World Group by 14.2% in the first quarter. Northern Trust Corp now owns 1,264,397 shares of the company’s stock valued at $46,795,000 after purchasing an additional 157,044 shares during the period. Institutional investors own 46.41% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. HSBC upgraded H World Group from a “hold” rating to a “buy” rating in a report on Monday, October 27th. Wall Street Zen lowered H World Group from a “buy” rating to a “hold” rating in a report on Saturday, October 25th. Hsbc Global Res upgraded H World Group from a “hold” rating to a “strong-buy” rating in a report on Monday, October 27th. Weiss Ratings restated a “hold (c+)” rating on shares of H World Group in a report on Tuesday, October 14th. Finally, Zacks Research upgraded H World Group from a “strong sell” rating to a “hold” rating in a report on Thursday, August 28th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $40.80.

H World Group Stock Up 1.4%

H World Group stock opened at $40.73 on Thursday. The business has a fifty day moving average of $38.12 and a two-hundred day moving average of $35.67. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.32. The firm has a market cap of $12.54 billion, a P/E ratio of 24.54, a P/E/G ratio of 1.83 and a beta of 0.33. H World Group Limited Sponsored ADR has a twelve month low of $30.13 and a twelve month high of $40.79.

H World Group Announces Dividend

The firm also recently declared a semi-annual dividend, which was paid on Friday, September 26th. Stockholders of record on Tuesday, September 9th were given a dividend of $0.79 per share. 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 is presently 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.