Kontiki Capital Management HK Ltd. Grows Position in H World Group Limited Sponsored ADR $HTHT

Kontiki Capital Management HK Ltd. raised its position in H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 49.6% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 3,703,788 shares of the company’s stock after acquiring an additional 1,228,617 shares during the period. H World Group comprises 10.1% of Kontiki Capital Management HK Ltd.’s portfolio, making the stock its 4th biggest position. Kontiki Capital Management HK Ltd.’s holdings in H World Group were worth $174,263,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. TD Private Client Wealth LLC bought a new stake in H World Group in the 4th quarter valued at approximately $45,000. EverSource Wealth Advisors LLC raised its stake in shares of H World Group by 81.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,450 shares of the company’s stock worth $49,000 after purchasing an additional 649 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in shares of H World Group during the 3rd quarter worth approximately $66,000. Osaic Holdings Inc. raised its stake in shares of H World Group by 889.5% during the 2nd quarter. Osaic Holdings Inc. now owns 2,266 shares of the company’s stock worth $77,000 after purchasing an additional 2,037 shares in the last quarter. Finally, iA Global Asset Management Inc. raised its stake in shares of H World Group by 20.1% during the 4th quarter. iA Global Asset Management Inc. now owns 1,653 shares of the company’s stock worth $78,000 after purchasing an additional 277 shares in the last quarter. Institutional investors own 46.41% of the company’s stock.

H World Group Stock Up 0.5%

HTHT stock opened at $45.00 on Friday. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.49. The firm has a market capitalization of $13.84 billion, a PE ratio of 20.18, a PEG ratio of 1.24 and a beta of 0.11. H World Group Limited Sponsored ADR has a 1-year low of $30.41 and a 1-year high of $56.63. The business’s 50 day simple moving average is $49.20 and its 200 day simple moving average is $49.48.

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

H World Group Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. UBS Group upgraded H World Group from a “neutral” rating to a “buy” rating and set a $62.40 price objective on the stock in a research note on Monday, March 9th. Wall Street Zen upgraded H World Group from a “hold” rating to a “buy” rating in a research note on Sunday, May 31st. Benchmark upped their price objective on H World Group from $52.00 to $60.00 and gave the stock a “buy” rating in a research note on Thursday, March 19th. Weiss Ratings cut H World Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, May 18th. Finally, Zacks Research cut H World Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $61.20.

Insider Buying and Selling at H World Group

In related news, Director Theng Fong Hee sold 31,640 shares of the business’s stock in a transaction that occurred on Friday, March 20th. The stock was 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 SEC, which is available through this hyperlink. Insiders own 49.40% of the company’s stock.

About H World Group

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.