Nykredit A S Purchases New Shares in H World Group Limited Sponsored ADR $HTHT

Nykredit A S acquired a new stake in H World Group Limited Sponsored ADR (NASDAQ:HTHT) in the 2nd quarter, HoldingsChannel reports. The institutional investor acquired 109,591 shares of the company’s stock, valued at approximately $4,572,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. TD Private Client Wealth LLC bought a new stake in shares of H World Group during the fourth quarter worth $45,000. EverSource Wealth Advisors LLC raised its holdings in shares of H World Group by 81.0% in the second quarter. EverSource Wealth Advisors LLC now owns 1,450 shares of the company’s stock valued at $49,000 after buying an additional 649 shares during the last quarter. iA Global Asset Management Inc. lifted its position in 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 buying an additional 277 shares in the last quarter. Summit Securities Group LLC acquired a new position in H World Group during the 1st quarter worth about $85,000. Finally, Caitong International Asset Management Co. Ltd bought a new stake in H World Group during the 3rd quarter worth about $66,000. Institutional investors and hedge funds own 46.41% of the company’s stock.

H World Group Price Performance

Shares of HTHT stock opened at $45.77 on Monday. The stock has a 50-day moving average price of $43.63 and a 200 day moving average price of $47.22. The company has a quick ratio of 1.20, a current ratio of 1.21 and a debt-to-equity ratio of 0.44. The firm has a market cap of $14.08 billion, a price-to-earnings ratio of 20.16, a PEG ratio of 1.63 and a beta of 0.15. H World Group Limited Sponsored ADR has a 12 month low of $36.48 and a 12 month high of $56.63.

H World Group (NASDAQ:HTHT) last released its earnings results on Monday, August 17th. The company reported $0.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.74 by $0.04. The company had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $998.88 million. H World Group had a net margin of 18.90% and a return on equity of 41.05%. Research analysts expect that H World Group Limited Sponsored ADR will post 2.6 EPS for the current year.

H World Group Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, September 22nd. Investors of record on Tuesday, September 8th will be issued a $0.87 dividend. This represents a yield of 373.0%. The ex-dividend date is Tuesday, September 8th. H World Group’s dividend payout ratio is currently 74.89%.

Analyst Ratings Changes

HTHT has been the subject of several research reports. Wall Street Zen upgraded shares of H World Group from a “hold” rating to a “buy” rating in a research report on Saturday. Weiss Ratings raised shares of H World Group from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, August 26th. Benchmark reissued a “buy” rating on shares of H World Group in a report on Tuesday, August 18th. Finally, Zacks Research cut shares of H World Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 4th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, H World Group has an average rating of “Moderate Buy” and an average price target of $61.20.

H World Group 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.