Headlands Technologies LLC Has $712,000 Stock Holdings in H World Group Limited Sponsored ADR $HTHT

Headlands Technologies LLC grew its holdings in H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 253.8% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 17,070 shares of the company’s stock after purchasing an additional 12,245 shares during the period. Headlands Technologies LLC’s holdings in H World Group were worth $712,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in H World Group by 10.9% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 237,340 shares of the company’s stock valued at $11,390,000 after acquiring an additional 23,372 shares during the last quarter. Aubrey Capital Management Ltd acquired a new position in shares of H World Group during the fourth quarter worth $11,946,000. True Light Capital Pte. Ltd. bought a new position in H World Group in the fourth quarter valued at about $37,602,000. AustralianSuper Pty Ltd acquired a new stake in H World Group during the 4th quarter worth approximately $6,438,000. Finally, Capital International Inc. CA increased its stake in shares of H World Group by 406.9% in the fourth quarter. Capital International Inc. CA now owns 840,173 shares of the company’s stock valued at $39,530,000 after buying an additional 674,438 shares during the period. Institutional investors and hedge funds own 46.41% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on HTHT shares. Weiss Ratings raised shares of H World Group from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, August 26th. Benchmark reissued a “buy” rating on shares of H World Group in a research report on Tuesday, August 18th. Wall Street Zen lowered H World Group from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Finally, Zacks Research lowered H World Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 4th. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $61.20.

H World Group Trading Down 0.7%

Shares of HTHT stock opened at $46.97 on Wednesday. The company has a market capitalization of $14.44 billion, a PE ratio of 20.69, a price-to-earnings-growth ratio of 1.69 and a beta of 0.15. H World Group Limited Sponsored ADR has a 52-week low of $36.03 and a 52-week high of $56.63. The business’s fifty day moving average is $43.36 and its 200 day moving average is $47.35. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.20 and a current ratio of 1.21.

H World Group (NASDAQ:HTHT) last announced its earnings results on Monday, August 17th. The company reported $0.78 earnings per share for the quarter, topping analysts’ consensus estimates of $0.74 by $0.04. H World Group had a return on equity of 41.05% and a net margin of 18.90%.The business had revenue of $1.05 billion for the quarter, compared to analyst estimates of $998.88 million. On average, equities research analysts anticipate that H World Group Limited Sponsored ADR will post 2.6 EPS for the current fiscal year.

H World Group Cuts Dividend

The business also recently announced a dividend, which will be paid on Tuesday, September 22nd. Investors of record on Tuesday, September 8th will be paid a $0.87 dividend. This represents a yield of 373.0%. The ex-dividend date of this dividend is Tuesday, September 8th. H World Group’s dividend payout ratio (DPR) is currently 112.78%.

H World Group Company 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.