KBC Group NV Decreases Stock Holdings in H World Group Limited Sponsored ADR $HTHT

KBC Group NV lessened its stake in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 77.0% during the second quarter, HoldingsChannel.com reports. The fund owned 59,755 shares of the company’s stock after selling 200,000 shares during the quarter. KBC Group NV’s holdings in H World Group were worth $2,027,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. USA Financial Formulas purchased a new position in shares of H World Group during the second quarter valued at approximately $28,000. Brooklyn Investment Group bought a new stake in H World Group in the 1st quarter worth approximately $40,000. Hantz Financial Services Inc. raised its stake in H World Group by 575.7% during the 2nd quarter. Hantz Financial Services Inc. now owns 1,446 shares of the company’s stock valued at $49,000 after buying an additional 1,232 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new position in shares of H World Group in the 1st quarter worth $51,000. Finally, Taikang Asset Management Hong Kong Co Ltd purchased a new position in shares of H World Group in the 1st quarter worth $189,000. 46.41% of the stock is currently owned by institutional investors.

H World Group Stock Performance

Shares of HTHT opened at $43.80 on Monday. The business has a 50-day simple moving average of $39.06 and a two-hundred day simple moving average of $36.13. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.32. H World Group Limited Sponsored ADR has a 52 week low of $30.13 and a 52 week high of $45.90. The stock has a market cap of $13.49 billion, a price-to-earnings ratio of 26.39, a PEG ratio of 1.83 and a beta of 0.33.

H World Group Announces Dividend

The company also recently announced a semi-annual dividend, which was paid on Friday, September 26th. Investors of record on Tuesday, September 9th were issued a $0.79 dividend. This represents a yield of 435.0%. The ex-dividend date of this dividend was Tuesday, September 9th. H World Group’s dividend payout ratio is currently 95.18%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on HTHT shares. Hsbc Global Res upgraded H World Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 27th. Weiss Ratings raised shares of H World Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, November 11th. HSBC upgraded shares of H World Group from a “hold” rating to a “buy” rating in a research note on Monday, October 27th. Wall Street Zen raised shares of H World Group from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Finally, Zacks Research raised shares of H World Group from a “hold” rating to a “strong-buy” rating in a report on Friday, November 7th. Two equities research analysts have rated the stock with a Strong Buy rating and five have issued a Buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $40.80.

About H World Group

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.