Banque Transatlantique SA Makes New Investment in H World Group Limited Sponsored ADR $HTHT

Key Points

• Banque Transatlantique SA acquired 12,500 shares of H World Group Limited, valued at approximately $463,000, as reported in their latest SEC filing.
• Analysts have varied opinions on the stock; while JPMorgan Chase & Co. lowered its price target to $42.00, Zacks upgraded the rating from "strong sell" to "hold," indicating a mixed sentiment.
• H World Group recently announced a semi-annual dividend of $0.79 per share, with a substantial yield of 480.0%, although the dividend payout ratio stands at 114.46%.

Banque Transatlantique SA bought a new stake in H World Group Limited Sponsored ADR (NASDAQ:HTHT - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 12,500 shares of the company's stock, valued at approximately $463,000.

A number of other large investors also recently made changes to their positions in the company. AQR Capital Management LLC grew its position in H World Group by 11.2% in the 1st quarter. AQR Capital Management LLC now owns 9,319 shares of the company's stock worth $338,000 after purchasing an additional 936 shares in the last quarter. Generation Investment Management LLP boosted its stake in shares of H World Group by 8.2% in the 1st quarter. Generation Investment Management LLP now owns 5,213,875 shares of the company's stock worth $192,966,000 after buying an additional 395,042 shares during the last quarter. Hhlr Advisors LTD. purchased a new position in shares of H World Group in the 1st quarter worth approximately $8,784,000. Indus Capital Partners LLC bought a new position in shares of H World Group in the first quarter valued at approximately $14,182,000. Finally, Taikang Asset Management Hong Kong Co Ltd purchased a new stake in shares of H World Group during the first quarter valued at approximately $189,000. 46.41% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have weighed in on HTHT shares. JPMorgan Chase & Co. cut their price objective on H World Group from $43.00 to $42.00 and set an "overweight" rating on the stock in a research report on Wednesday, May 21st. Wall Street Zen raised shares of H World Group from a "hold" rating to a "buy" rating in a report on Friday. Finally, Zacks Research upgraded shares of H World Group from a "strong sell" rating to a "hold" rating in a report on Thursday, August 28th. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $40.80.

H World Group Stock Performance

HTHT traded down $0.56 during trading hours on Tuesday, hitting $36.90. The stock had a trading volume of 841,545 shares, compared to its average volume of 2,039,680. H World Group Limited Sponsored ADR has a 1 year low of $28.27 and a 1 year high of $42.98. The company's fifty day simple moving average is $33.86 and its 200 day simple moving average is $34.94. The stock has a market cap of $11.33 billion, a PE ratio of 22.22, a price-to-earnings-growth ratio of 1.80 and a beta of 0.35. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.32.

H World Group Announces Dividend

The firm also recently declared a semi-annual dividend, which will be paid on Friday, September 26th. Stockholders of record on Tuesday, September 9th will be given a $0.79 dividend. The ex-dividend date of this dividend is Tuesday, September 9th. This represents a dividend yield of 439.0%. H World Group's payout ratio is 114.46%.

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.