Vanguard Group Inc. Cuts Holdings in H World Group Limited (NASDAQ:HTHT)

Vanguard Group Inc. lessened its stake in H World Group Limited (NASDAQ:HTHT) by 95.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 363,667 shares of the company’s stock after selling 8,068,920 shares during the period. Vanguard Group Inc. owned approximately 0.11% of H World Group worth $14,074,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Capital Fund Management S.A. boosted its stake in shares of H World Group by 98.7% in the 4th quarter. Capital Fund Management S.A. now owns 209,506 shares of the company’s stock valued at $7,006,000 after purchasing an additional 104,068 shares in the last quarter. Generation Investment Management LLP boosted its stake in shares of H World Group by 19.8% in the 4th quarter. Generation Investment Management LLP now owns 1,222,257 shares of the company’s stock valued at $40,872,000 after purchasing an additional 201,587 shares in the last quarter. Campbell & CO Investment Adviser LLC boosted its stake in shares of H World Group by 137.4% in the 4th quarter. Campbell & CO Investment Adviser LLC now owns 37,981 shares of the company’s stock valued at $1,270,000 after purchasing an additional 21,979 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of H World Group by 18.0% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 134,299 shares of the company’s stock valued at $5,197,000 after purchasing an additional 20,500 shares in the last quarter. Finally, AI Squared Management Ltd purchased a new stake in shares of H World Group in the 4th quarter valued at $1,990,000. Hedge funds and other institutional investors own 46.41% of the company’s stock.

H World Group Trading Up 1.2 %

Shares of HTHT opened at $29.12 on Tuesday. The stock has a market capitalization of $9.51 billion, a P/E ratio of 18.09, a PEG ratio of 1.00 and a beta of 0.76. The company has a quick ratio of 0.69, a current ratio of 0.70 and a debt-to-equity ratio of 0.34. The firm has a fifty day simple moving average of $32.12 and a two-hundred day simple moving average of $35.53. H World Group Limited has a twelve month low of $27.03 and a twelve month high of $46.62.

H World Group (NASDAQ:HTHT) last issued its quarterly earnings data on Friday, May 17th. The company reported $0.29 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.03). H World Group had a return on equity of 28.59% and a net margin of 16.47%. The company had revenue of $731.00 million during the quarter. On average, research analysts anticipate that H World Group Limited will post 1.85 EPS for the current year.

H World Group Cuts Dividend

The business also recently disclosed a Variable dividend, which will be paid on Tuesday, September 3rd. Shareholders of record on Wednesday, August 14th will be issued a $0.63 dividend. The ex-dividend date of this dividend is Wednesday, August 14th. This represents a yield of 3.9%. H World Group’s dividend payout ratio (DPR) is presently 75.16%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on HTHT shares. JPMorgan Chase & Co. upped their price objective on shares of H World Group from $45.00 to $48.00 and gave the company an “overweight” rating in a research note on Tuesday, May 21st. Macquarie began coverage on shares of H World Group in a research report on Friday, April 19th. They set an “outperform” rating and a $48.00 price target for the company. Finally, CLSA began coverage on shares of H World Group in a research report on Friday, April 26th. They set a “buy” rating and a $47.00 price target for the company. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $50.00.

H World Group Company 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.