Swedbank AB Has $3.14 Million Position in H World Group Limited Sponsored ADR $HTHT

Swedbank AB boosted its stake in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 43.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 66,669 shares of the company’s stock after buying an additional 20,100 shares during the quarter. Swedbank AB’s holdings in H World Group were worth $3,137,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of HTHT. AQR Capital Management LLC lifted its stake in shares of H World Group by 11.2% in the 1st quarter. AQR Capital Management LLC now owns 9,319 shares of the company’s stock valued at $338,000 after purchasing an additional 936 shares during the period. Norges Bank acquired a new position in shares of H World Group in the 2nd quarter valued at about $888,000. EverSource Wealth Advisors LLC lifted its stake in shares of H World Group by 81.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,450 shares of the company’s stock valued at $49,000 after purchasing an additional 649 shares during the period. First Trust Advisors LP acquired a new position in shares of H World Group in the 2nd quarter valued at about $2,881,000. Finally, Jump Financial LLC acquired a new position in shares of H World Group in the 2nd quarter valued at about $651,000. 46.41% of the stock is owned by institutional investors and hedge funds.

H World Group Stock Performance

Shares of H World Group stock opened at $47.08 on Friday. H World Group Limited Sponsored ADR has a one year low of $30.41 and a one year high of $56.63. The firm has a market capitalization of $14.48 billion, a price-to-earnings ratio of 20.92, a PEG ratio of 1.30 and a beta of 0.15. The business has a 50-day simple moving average of $51.86 and a 200 day simple moving average of $48.80. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.91 and a quick ratio of 0.91.

H World Group (NASDAQ:HTHT) last issued its earnings results on Saturday, February 14th. The company reported $0.06 EPS for the quarter. The business had revenue of $932.62 million during the quarter. H World Group had a return on equity of 37.79% and a net margin of 20.05%. On average, research analysts anticipate that H World Group Limited Sponsored ADR will post 2.47 earnings per share for the current fiscal year.

H World Group Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Wednesday, May 20th. Shareholders of record on Monday, May 4th will be issued a dividend of $1.30 per share. This represents a yield of 542.0%. The ex-dividend date of this dividend is Monday, May 4th. H World Group’s payout ratio is currently 113.78%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. Zacks Research raised H World Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, March 19th. Benchmark boosted their price objective on H World Group from $52.00 to $60.00 and gave the company a “buy” rating in a research note on Thursday, March 19th. Wall Street Zen raised H World Group from a “hold” rating to a “buy” rating in a research note on Monday, March 23rd. Weiss Ratings reissued a “buy (b-)” rating on shares of H World Group in a research note on Friday, March 27th. Finally, UBS Group raised H World Group from a “neutral” rating to a “buy” rating and set a $62.40 price objective on the stock in a research note on Monday, March 9th. One research analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company’s stock. According to data from MarketBeat.com, H World Group has a consensus rating of “Buy” and an average target price of $54.80.

Insider Buying and Selling

In other H World Group news, Director Theng Fong Hee sold 31,640 shares of the business’s stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $50.96, for a total transaction of $1,612,374.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 49.40% of the company’s stock.

H World Group Profile

H World Group, formerly known as Huazhu Group, is a leading hotel management and franchising company primarily serving the China market. The company operates a broad portfolio of midscale to luxury hotel brands, including Hi Inn, Blossom, Manxin, Madison International, Joya, Grand Mercure, Novotel, Mercure and ibis. Through a network of both directly managed and franchised properties, H World Group caters to business and leisure travelers by offering consistent service standards and loyalty benefits across its brands.

In addition to its core hotel operations, H World Group provides technology-driven hospitality solutions such as centralized reservation systems, revenue management platforms and customer relationship management tools.