Banque Transatlantique SA Takes Position 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 position in H World Group Limited Sponsored ADR (NASDAQ:HTHT - Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 12,500 shares of the company's stock, valued at approximately $463,000.

A number of other institutional investors also recently modified their holdings of the stock. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of H World Group by 4,554.2% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 11,684,748 shares of the company's stock worth $432,453,000 after acquiring an additional 11,433,692 shares during the last quarter. Generation Investment Management LLP raised its stake in shares of H World Group by 8.2% during the first 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. Temasek Holdings Private Ltd raised its stake in shares of H World Group by 87.2% during the fourth quarter. Temasek Holdings Private Ltd now owns 4,117,528 shares of the company's stock worth $136,002,000 after buying an additional 1,917,528 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp raised its stake in shares of H World Group by 2,301.4% during the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 3,926,818 shares of the company's stock worth $145,332,000 after buying an additional 3,763,295 shares during the last quarter. Finally, Nuveen Asset Management LLC raised its stake in shares of H World Group by 625.5% during the fourth quarter. Nuveen Asset Management LLC now owns 2,136,770 shares of the company's stock worth $70,578,000 after buying an additional 1,842,244 shares during the last quarter. 46.41% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research firms recently weighed in on HTHT. JPMorgan Chase & Co. dropped their price target on shares of H World Group from $43.00 to $42.00 and set an "overweight" rating for the company in a research note on Wednesday, May 21st. Wall Street Zen raised shares of H World Group from a "hold" rating to a "buy" rating in a research note 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 given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $40.80.

H World Group Stock Up 1.7%

Shares of H World Group stock traded up $0.65 on Monday, hitting $38.25. The company had a trading volume of 3,188,111 shares, compared to its average volume of 2,046,847. The firm has a market capitalization of $11.74 billion, a P/E ratio of 23.04, a P/E/G ratio of 1.80 and a beta of 0.35. H World Group Limited Sponsored ADR has a twelve month low of $28.27 and a twelve month high of $42.98. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.81 and a quick ratio of 0.81. The stock has a 50-day moving average of $33.77 and a 200-day moving average of $34.93.

H World Group Announces Dividend

The business also recently declared a semi-annual dividend, which will be paid on Friday, September 26th. Stockholders of record on Tuesday, September 9th will be issued a $0.79 dividend. This represents a dividend yield of 480.0%. The ex-dividend date is Tuesday, September 9th. H World Group's dividend payout ratio is 114.46%.

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.