BRIGHT VALLEY CAPITAL Ltd Sells 257,000 Shares of H World Group Limited Sponsored ADR $HTHT

BRIGHT VALLEY CAPITAL Ltd decreased its position in H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 32.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 536,000 shares of the company’s stock after selling 257,000 shares during the period. H World Group accounts for 9.4% of BRIGHT VALLEY CAPITAL Ltd’s holdings, making the stock its 3rd largest position. BRIGHT VALLEY CAPITAL Ltd’s holdings in H World Group were worth $25,219,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of HTHT. Capital International Investors lifted its position in H World Group by 71.8% in the fourth quarter. Capital International Investors now owns 8,334,604 shares of the company’s stock valued at $392,143,000 after buying an additional 3,483,760 shares during the last quarter. Kontiki Capital Management HK Ltd. acquired a new stake in shares of H World Group in the third quarter valued at $96,804,000. Capitolis Liquid Global Markets LLC purchased a new stake in shares of H World Group in the 3rd quarter valued at $87,153,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in H World Group by 359.1% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,137,700 shares of the company’s stock worth $44,495,000 after acquiring an additional 889,869 shares in the last quarter. Finally, True Light Capital Pte. Ltd. acquired a new position in H World Group during the 4th quarter worth about $37,602,000. Institutional investors and hedge funds own 46.41% of the company’s stock.

Insider Activity at H World Group

In other news, Director Theng Fong Hee sold 31,640 shares of the firm’s stock in a transaction on Friday, March 20th. The shares were sold at an average price of $50.96, for a total value of $1,612,374.40. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 49.40% of the company’s stock.

H World Group Price Performance

HTHT stock opened at $44.92 on Friday. The business’s 50-day moving average is $48.77 and its two-hundred day moving average is $49.51. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.93 and a quick ratio of 0.93. The firm has a market capitalization of $13.81 billion, a P/E ratio of 20.14, a P/E/G ratio of 1.23 and a beta of 0.11. H World Group Limited Sponsored ADR has a 1 year low of $30.41 and a 1 year high of $56.63.

H World Group (NASDAQ:HTHT) last released its earnings results on Saturday, February 14th. The company reported $0.06 earnings per share for the quarter. The firm had revenue of $932.62 million for the quarter. H World Group had a net margin of 19.22% and a return on equity of 39.73%. Analysts anticipate that H World Group Limited Sponsored ADR will post 2.47 earnings per share for the current fiscal year.

H World Group Announces Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, May 20th. Shareholders of record on Monday, May 4th were given a $1.30 dividend. The ex-dividend date of this dividend was Monday, May 4th. This represents a dividend yield of 542.0%. H World Group’s dividend payout ratio is currently 114.80%.

Analysts Set New Price Targets

HTHT has been the subject of several research reports. Zacks Research downgraded H World Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 4th. UBS Group raised shares of H World Group from a “neutral” rating to a “buy” rating and set a $62.40 price target on the stock in a research report on Monday, March 9th. Wall Street Zen lowered shares of H World Group from a “buy” rating to a “hold” rating in a research note on Monday. Benchmark upped their target price on shares of H World Group from $52.00 to $60.00 and gave the stock a “buy” rating in a research note on Thursday, March 19th. Finally, Weiss Ratings lowered shares of H World Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, May 18th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $61.20.

About H World Group

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.