Headwater Capital Co Ltd Cuts Position in H World Group Limited Sponsored ADR $HTHT

Headwater Capital Co Ltd lessened its holdings in H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 20.0% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 200,000 shares of the company’s stock after selling 50,000 shares during the quarter. H World Group comprises approximately 1.8% of Headwater Capital Co Ltd’s holdings, making the stock its 13th biggest position. Headwater Capital Co Ltd’s holdings in H World Group were worth $9,410,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Principal Financial Group Inc. purchased a new position in shares of H World Group in the 3rd quarter worth approximately $12,207,000. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of H World Group by 10.9% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 237,340 shares of the company’s stock worth $11,390,000 after buying an additional 23,372 shares during the last quarter. Aubrey Capital Management Ltd purchased a new position in shares of H World Group in the 4th quarter worth approximately $11,946,000. APG Asset Management N.V. boosted its stake in shares of H World Group by 146.8% in the 3rd quarter. APG Asset Management N.V. now owns 108,093 shares of the company’s stock worth $4,228,000 after buying an additional 64,300 shares during the last quarter. Finally, Serenity Capital Management PTE. LTD. boosted its stake in shares of H World Group by 126.0% in the 3rd quarter. Serenity Capital Management PTE. LTD. now owns 1,274,391 shares of the company’s stock worth $49,841,000 after buying an additional 710,431 shares during the last quarter. Hedge funds and other institutional investors own 46.41% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on HTHT shares. Wall Street Zen cut shares of H World Group from a “buy” rating to a “hold” rating in a report on Monday. Weiss Ratings cut shares of H World Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, May 18th. Zacks Research cut shares of H World Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 4th. UBS Group raised shares of H World Group from a “neutral” rating to a “buy” rating and set a $62.40 price target on the stock in a report on Monday, March 9th. Finally, Benchmark lifted their price target on shares of H World Group from $52.00 to $60.00 and gave the stock a “buy” rating in a report on Thursday, March 19th. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $61.20.

H World Group Trading Up 0.9%

Shares of HTHT stock opened at $44.92 on Friday. The company’s fifty day simple moving average is $48.77 and its two-hundred day simple moving average is $49.51. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.93 and a quick ratio of 0.93. H World Group Limited Sponsored ADR has a 1 year low of $30.41 and a 1 year high of $56.63. The stock has a market capitalization of $13.81 billion, a price-to-earnings ratio of 20.14, a PEG ratio of 1.23 and a beta of 0.11.

H World Group (NASDAQ:HTHT) last released its quarterly earnings results on Saturday, February 14th. The company reported $0.06 EPS for the quarter. The firm had revenue of $932.62 million during the quarter. H World Group had a net margin of 19.22% and a return on equity of 39.73%. As a group, analysts anticipate that H World Group Limited Sponsored ADR will post 2.47 earnings per share for the current year.

H World Group Announces Dividend

The company also recently declared a dividend, which was paid on Wednesday, May 20th. Stockholders of record on Monday, May 4th were given a dividend of $1.30 per share. This represents a dividend yield of 542.0%. The ex-dividend date was Monday, May 4th. H World Group’s payout ratio is 114.80%.

Insider Activity at H World Group

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

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.