H World Group Limited Sponsored ADR $HTHT Stock Position Decreased by Yiheng Capital Management L.P.

Yiheng Capital Management L.P. lowered its stake in H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 50.6% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 645,658 shares of the company’s stock after selling 660,737 shares during the period. H World Group accounts for about 2.2% of Yiheng Capital Management L.P.’s holdings, making the stock its 6th largest holding. Yiheng Capital Management L.P.’s holdings in H World Group were worth $23,896,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Temasek Holdings Private Ltd grew its stake in shares of H World Group by 66.5% in the 1st quarter. Temasek Holdings Private Ltd now owns 6,856,300 shares of the company’s stock worth $253,752,000 after buying an additional 2,738,772 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of H World Group by 27.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 143,282 shares of the company’s stock worth $5,303,000 after buying an additional 30,773 shares during the last quarter. Banque Transatlantique SA purchased a new stake in shares of H World Group in the 1st quarter worth approximately $463,000. AQR Capital Management LLC grew 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 worth $338,000 after buying an additional 936 shares during the last quarter. Finally, Generation Investment Management LLP grew its stake in shares of H World Group by 8.2% in the 1st quarter. Generation Investment Management LLP now owns 5,213,875 shares of the company’s stock worth $192,966,000 after buying an additional 395,042 shares during the last quarter. Hedge funds and other institutional investors own 46.41% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Zacks Research raised H World Group from a “strong sell” rating to a “hold” rating in a research report on Thursday, August 28th. Wall Street Zen raised H World Group from a “hold” rating to a “buy” rating in a research report on Friday. Finally, JPMorgan Chase & Co. lowered their price objective on H World Group from $43.00 to $42.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 21st. Three equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $40.80.

H World Group Stock Performance

HTHT stock opened at $37.60 on Friday. The stock has a market capitalization of $11.54 billion, a PE ratio of 22.65, a price-to-earnings-growth ratio of 1.80 and a beta of 0.35. H World Group Limited Sponsored ADR has a 12-month low of $28.27 and a 12-month high of $42.98. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.32. The stock’s 50 day simple moving average is $33.77 and its 200 day simple moving average is $34.94.

H World Group Dividend Announcement

The company also recently declared a semi-annual dividend, which will be paid on Friday, September 26th. Stockholders of record on Tuesday, September 9th will be issued a dividend of $0.79 per share. This represents a dividend yield of 480.0%. The ex-dividend date of this dividend is Tuesday, September 9th. H World Group’s dividend payout ratio is presently 114.46%.

H World Group 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.