BNP Paribas Financial Markets Has $20.93 Million Position in H World Group Limited (NASDAQ:HTHT)

BNP Paribas Financial Markets increased its stake in shares of H World Group Limited (NASDAQ:HTHT - Free Report) by 77.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 633,776 shares of the company's stock after purchasing an additional 277,393 shares during the quarter. BNP Paribas Financial Markets owned approximately 0.20% of H World Group worth $20,934,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Blue Trust Inc. increased its holdings in shares of H World Group by 13.5% during the fourth quarter. Blue Trust Inc. now owns 5,467 shares of the company's stock worth $181,000 after buying an additional 650 shares in the last quarter. DnB Asset Management AS increased its holdings in H World Group by 5.6% in the 4th quarter. DnB Asset Management AS now owns 14,691 shares of the company's stock worth $485,000 after purchasing an additional 784 shares in the last quarter. Rhumbline Advisers raised its position in H World Group by 2.3% in the fourth quarter. Rhumbline Advisers now owns 34,688 shares of the company's stock valued at $1,146,000 after purchasing an additional 791 shares during the last quarter. US Bancorp DE boosted its stake in shares of 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. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in shares of H World Group by 11.9% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 8,778 shares of the company's stock worth $290,000 after purchasing an additional 936 shares during the last quarter. Institutional investors own 46.41% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. HSBC lowered shares of H World Group from a "buy" rating to a "hold" rating and set a $32.40 price objective for the company. in a report on Wednesday, February 5th. Morgan Stanley reissued an "overweight" rating on shares of H World Group in a research note on Monday, March 31st. Finally, Hsbc Global Res lowered H World Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, February 4th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $42.80.

H World Group Trading Up 2.1 %

NASDAQ:HTHT opened at $37.59 on Friday. H World Group Limited has a 52 week low of $27.03 and a 52 week high of $42.98. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.87 and a current ratio of 0.88. The firm's fifty day moving average is $35.59 and its 200-day moving average is $34.70. The firm has a market cap of $11.54 billion, a P/E ratio of 22.78, a P/E/G ratio of 1.28 and a beta of 0.45.

H World Group Increases Dividend

The firm also recently declared a -- dividend, which was paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 9th were issued a dividend of $0.95 per share. This is an increase from H World Group's previous -- dividend of $0.34. This represents a yield of 4.1%. The ex-dividend date of this dividend was Wednesday, April 9th. H World Group's dividend payout ratio (DPR) is presently 141.79%.

About H World Group

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.

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