Arrowstreet Capital Limited Partnership Raises Position in H World Group Limited (NASDAQ:HTHT)

Arrowstreet Capital Limited Partnership boosted its holdings in H World Group Limited (NASDAQ:HTHT) by 1,325.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,153,267 shares of the company’s stock after purchasing an additional 1,072,366 shares during the period. Arrowstreet Capital Limited Partnership owned approximately 0.37% of H World Group worth $38,092,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Headwater Capital Co Ltd bought a new stake in shares of H World Group in the 4th quarter valued at about $9,909,000. Waverton Investment Management Ltd bought a new stake in H World Group in the fourth quarter valued at approximately $6,076,000. Mirae Asset Global Investments Co. Ltd. lifted its position in H World Group by 109.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 251,056 shares of the company’s stock valued at $8,292,000 after purchasing an additional 131,189 shares during the last quarter. Nordea Investment Management AB boosted its stake in shares of H World Group by 11.2% during the fourth quarter. Nordea Investment Management AB now owns 508,422 shares of the company’s stock valued at $16,961,000 after purchasing an additional 51,213 shares during the period. Finally, Blue Trust Inc. raised its holdings in H World Group by 13.5% during the 4th quarter. Blue Trust Inc. now owns 5,467 shares of the company’s stock valued at $181,000 after buying an additional 650 shares during the last quarter. 46.41% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

HTHT has been the topic of a number of recent analyst reports. Hsbc Global Res lowered shares of H World Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 4th. HSBC cut H World Group from a “buy” rating to a “hold” rating and set a $32.40 target price on the stock. in a research note on Wednesday, February 5th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $44.68.

H World Group Trading Up 0.5 %

Shares of HTHT opened at $37.29 on Thursday. H World Group Limited has a 1-year low of $27.03 and a 1-year high of $42.98. The company has a current ratio of 0.88, a quick ratio of 0.87 and a debt-to-equity ratio of 0.60. The firm’s 50-day moving average price is $35.58 and its 200-day moving average price is $35.10. The firm has a market capitalization of $11.68 billion, a price-to-earnings ratio of 22.60, a PEG ratio of 1.28 and a beta of 0.60.

H World Group Increases Dividend

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

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.