Capital International Sarl Lowers Holdings in H World Group Limited (NASDAQ:HTHT)

Capital International Sarl reduced its holdings in H World Group Limited (NASDAQ:HTHT - Free Report) by 18.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 104,017 shares of the company's stock after selling 23,231 shares during the quarter. Capital International Sarl's holdings in H World Group were worth $3,436,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of HTHT. Headwater Capital Co Ltd bought a new stake in H World Group in the fourth quarter valued at approximately $9,909,000. Waverton Investment Management Ltd acquired a new position in shares of H World Group during the fourth quarter valued at about $6,076,000. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of H World Group by 109.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 251,056 shares of the company's stock worth $8,292,000 after purchasing an additional 131,189 shares in the last quarter. Nordea Investment Management AB grew its stake in shares of H World Group by 11.2% in the 4th quarter. Nordea Investment Management AB now owns 508,422 shares of the company's stock valued at $16,961,000 after buying an additional 51,213 shares during the period. Finally, Blue Trust Inc. raised its stake in H World Group by 13.5% during the 4th quarter. Blue Trust Inc. now owns 5,467 shares of the company's stock worth $181,000 after buying an additional 650 shares during the period. Institutional investors own 46.41% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Hsbc Global Res cut shares of H World Group from a "strong-buy" rating to a "hold" rating in a report on Tuesday, February 4th. Morgan Stanley reiterated an "overweight" rating on shares of H World Group in a research note on Monday, March 31st. Finally, HSBC cut shares of H World Group from a "buy" rating to a "hold" rating and set a $32.40 price target on the stock. in a report on Wednesday, February 5th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, H World Group presently has an average rating of "Moderate Buy" and an average price target of $43.85.

H World Group Stock Down 2.2 %

Shares of HTHT stock traded down $0.77 during mid-day trading on Thursday, hitting $34.66. The company's stock had a trading volume of 656,711 shares, compared to its average volume of 1,999,737. The stock has a market cap of $10.86 billion, a price-to-earnings ratio of 20.97, a PEG ratio of 1.28 and a beta of 0.60. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.87 and a current ratio of 0.88. H World Group Limited has a 52-week low of $27.03 and a 52-week high of $42.98. The business has a 50-day moving average price of $35.86 and a 200 day moving average price of $35.01.

H World Group Increases Dividend

The company also recently disclosed a -- dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 9th will be given a dividend of $0.95 per share. This represents a yield of 4.1%. The ex-dividend date of this dividend is Wednesday, April 9th. This is a boost from H World Group's previous -- dividend of $0.34. H World Group's dividend 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.