136,830 Shares in H World Group Limited Sponsored ADR $HTHT Purchased by AustralianSuper Pty Ltd

AustralianSuper Pty Ltd acquired a new stake in H World Group Limited Sponsored ADR (NASDAQ:HTHT) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 136,830 shares of the company’s stock, valued at approximately $6,438,000.

A number of other institutional investors have also modified their holdings of the company. Schroder Investment Management Group lifted its stake in shares of H World Group by 5.5% during the 3rd quarter. Schroder Investment Management Group now owns 13,177,593 shares of the company’s stock worth $515,376,000 after purchasing an additional 690,149 shares during the period. Mitsubishi UFJ Trust & Banking Corp lifted its stake in shares of H World Group by 43.2% during the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 8,026,731 shares of the company’s stock worth $313,925,000 after purchasing an additional 2,420,473 shares during the period. Capital International Investors lifted its stake in shares of H World Group by 65.2% during the 3rd quarter. Capital International Investors now owns 4,850,844 shares of the company’s stock worth $189,717,000 after purchasing an additional 1,913,672 shares during the period. Kontiki Capital Management HK Ltd. purchased a new position in shares of H World Group during the 3rd quarter worth $96,804,000. Finally, Capitolis Liquid Global Markets LLC acquired a new stake in H World Group in the 3rd quarter worth about $87,153,000. Institutional investors and hedge funds own 46.41% of the company’s stock.

Analyst Upgrades and Downgrades

HTHT has been the subject of a number of recent analyst reports. Wall Street Zen upgraded shares of H World Group from a “hold” rating to a “buy” rating in a report on Monday, March 23rd. Zacks Research upgraded shares of H World Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 19th. Benchmark boosted their target price on shares of H World Group from $52.00 to $60.00 and gave the company a “buy” rating in a report on Thursday, March 19th. UBS Group upgraded shares of H World Group from a “neutral” rating to a “buy” rating and set a $62.40 target price for the company in a report on Monday, March 9th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of H World Group in a report on Friday, March 27th. One research analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the company. According to MarketBeat, H World Group has an average rating of “Buy” and a consensus target price of $54.80.

Insider Activity

In other news, Director Theng Fong Hee sold 31,640 shares of the stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $50.96, for a total value of $1,612,374.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 49.40% of the company’s stock.

H World Group Stock Up 1.4%

Shares of H World Group stock opened at $46.05 on Friday. The company has a fifty day moving average price of $50.98 and a 200 day moving average price of $49.08. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.27. H World Group Limited Sponsored ADR has a twelve month low of $30.41 and a twelve month high of $56.63. The stock has a market cap of $14.16 billion, a price-to-earnings ratio of 20.47, a price-to-earnings-growth ratio of 1.25 and a beta of 0.15.

H World Group (NASDAQ:HTHT) last announced its quarterly earnings results on Saturday, February 14th. The company reported $0.06 earnings per share for the quarter. H World Group had a net margin of 20.05% and a return on equity of 37.79%. The firm had revenue of $932.62 million during the quarter. Equities research analysts forecast 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 announced a dividend, which will be paid on Wednesday, May 20th. Stockholders of record on Monday, May 4th will be paid a $1.30 dividend. The ex-dividend date is Monday, May 4th. This represents a dividend yield of 542.0%. H World Group’s dividend payout ratio (DPR) is 113.78%.

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.