H World Group Limited (NASDAQ:HTHT) Shares Sold by Korea Investment CORP

Korea Investment CORP lessened its stake in H World Group Limited (NASDAQ:HTHT) by 5.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 204,501 shares of the company’s stock after selling 12,800 shares during the quarter. Korea Investment CORP owned 0.07% of H World Group worth $6,755,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of HTHT. Blue Trust Inc. grew its holdings in H World Group by 13.5% in the fourth quarter. Blue Trust Inc. now owns 5,467 shares of the company’s stock valued at $181,000 after purchasing an additional 650 shares during the period. Rhumbline Advisers raised its position in H World Group by 2.3% during the fourth quarter. Rhumbline Advisers now owns 34,688 shares of the company’s stock worth $1,146,000 after acquiring an additional 791 shares during the period. US Bancorp DE lifted its holdings in H World Group by 21.2% during the fourth quarter. US Bancorp DE now owns 4,839 shares of the company’s stock valued at $160,000 after purchasing an additional 845 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd grew its position in shares of H World Group by 11.9% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 8,778 shares of the company’s stock valued at $290,000 after purchasing an additional 936 shares during the period. Finally, Daiwa Securities Group Inc. purchased a new stake in shares of H World Group during the fourth quarter worth about $33,000. Hedge funds and other institutional investors own 46.41% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on HTHT shares. Hsbc Global Res lowered shares of H World Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 4th. HSBC downgraded H World Group from a “buy” rating to a “hold” rating and set a $32.40 target price on the stock. in a research report on Wednesday, February 5th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $44.68.

H World Group Trading Up 0.7 %

HTHT opened at $37.01 on Tuesday. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.88 and a quick ratio of 0.87. The company’s 50 day simple moving average is $35.37 and its two-hundred day simple moving average is $35.02. The firm has a market capitalization of $11.60 billion, a price-to-earnings ratio of 22.43, a price-to-earnings-growth ratio of 1.28 and a beta of 0.70. H World Group Limited has a 1-year low of $27.03 and a 1-year high of $42.98.

H World Group Increases Dividend

The business also recently disclosed a — dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 9th will be paid a dividend of $0.95 per share. The ex-dividend date is Wednesday, April 9th. This represents a yield of 4.1%. This is a positive change from H World Group’s previous — dividend of $0.34. H World Group’s payout ratio is 141.79%.

H World Group 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.