H World Group Limited (NASDAQ:HTHT) Shares Acquired by Capital International Investors

Capital International Investors increased its stake in shares of H World Group Limited (NASDAQ:HTHT) by 18.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,334,577 shares of the company’s stock after acquiring an additional 1,452,364 shares during the quarter. Capital International Investors owned about 2.98% of H World Group worth $308,321,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Arrowstreet Capital Limited Partnership increased its holdings in shares of H World Group by 1,325.5% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,153,267 shares of the company’s stock valued at $38,092,000 after acquiring an additional 1,072,366 shares during the period. Norges Bank acquired a new position in H World Group in the 4th quarter valued at $29,005,000. National Bank of Canada FI purchased a new stake in shares of H World Group in the fourth quarter valued at about $22,675,000. Renaissance Technologies LLC increased its stake in shares of H World Group by 213.6% during the fourth quarter. Renaissance Technologies LLC now owns 983,585 shares of the company’s stock worth $32,488,000 after acquiring an additional 669,985 shares during the period. Finally, Canada Pension Plan Investment Board raised its holdings in H World Group by 91.9% during the fourth quarter. Canada Pension Plan Investment Board now owns 767,500 shares of the company’s stock worth $25,351,000 after purchasing an additional 367,500 shares in the last quarter. 46.41% of the stock is owned by hedge funds and other institutional investors.

H World Group Stock Down 1.5 %

HTHT stock opened at $34.48 on Friday. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.88 and a quick ratio of 0.87. H World Group Limited has a 12 month low of $27.03 and a 12 month high of $42.98. The firm has a market capitalization of $10.80 billion, a PE ratio of 20.90, a P/E/G ratio of 1.28 and a beta of 0.60. The company’s 50 day simple moving average is $35.86 and its 200-day simple moving average is $35.14.

H World Group Increases Dividend

The business also recently declared a — dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 9th will be issued a $0.95 dividend. This represents a dividend yield of 4.1%. This is a boost from H World Group’s previous — dividend of $0.34. The ex-dividend date of this dividend is Wednesday, April 9th. H World Group’s payout ratio is 141.79%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on HTHT shares. HSBC downgraded H World Group from a “buy” rating to a “hold” rating and set a $32.40 target price for the company. in a research note on Wednesday, February 5th. Hsbc Global Res cut shares of H World Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 4th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of H World Group in a research note on Monday, March 31st. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, H World Group has an average rating of “Moderate Buy” and an average target price of $44.68.

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.