Aberdeen Group plc Has $1.56 Million Holdings in H World Group Limited Sponsored ADR $HTHT

Key Points

• Aberdeen Group plc significantly reduced its stake in H World Group by 62.8%, selling 71,643 shares and retaining 42,387 shares, valued at approximately $1.56 million.
• H World Group announced a $0.79 semi-annual dividend with a yield of 480.0%, despite a high dividend payout ratio of 131.94%.
• Analysts recently lowered their price target for H World Group from $43.00 to $42.00, while maintaining an "overweight" rating, reflecting a consensus of "Moderate Buy."

Aberdeen Group plc lessened its holdings in H World Group Limited Sponsored ADR (NASDAQ:HTHT - Free Report) by 62.8% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 42,387 shares of the company's stock after selling 71,643 shares during the period. Aberdeen Group plc's holdings in H World Group were worth $1,556,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. China Universal Asset Management Co. Ltd. raised its stake in H World Group by 5,000.0% in the 1st quarter. China Universal Asset Management Co. Ltd. now owns 10,200 shares of the company's stock valued at $378,000 after acquiring an additional 10,000 shares during the period. BRIGHT VALLEY CAPITAL Ltd bought a new stake in H World Group in the 1st quarter valued at $814,000. Bank of New York Mellon Corp raised its stake in H World Group by 8.5% in the 1st quarter. Bank of New York Mellon Corp now owns 220,697 shares of the company's stock valued at $8,168,000 after acquiring an additional 17,279 shares during the period. Keystone Investors PTE Ltd. raised its stake in H World Group by 1,280.0% in the 1st quarter. Keystone Investors PTE Ltd. now owns 1,901,589 shares of the company's stock valued at $70,378,000 after acquiring an additional 1,763,789 shares during the period. Finally, Northern Trust Corp raised its stake in H World Group by 155.5% in the 4th quarter. Northern Trust Corp now owns 1,107,353 shares of the company's stock valued at $36,576,000 after acquiring an additional 674,000 shares during the period. Institutional investors own 46.41% of the company's stock.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. decreased their price objective on H World Group from $43.00 to $42.00 and set an "overweight" rating on the stock in a report on Wednesday, May 21st. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $40.80.

H World Group Price Performance

Shares of HTHT traded up $0.64 during trading hours on Tuesday, hitting $36.29. 1,385,334 shares of the company were exchanged, compared to its average volume of 2,030,905. The company has a market cap of $11.14 billion, a price-to-earnings ratio of 21.86, a P/E/G ratio of 1.73 and a beta of 0.47. H World Group Limited Sponsored ADR has a fifty-two week low of $28.27 and a fifty-two week high of $42.98. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.32. The firm's fifty day moving average is $33.27 and its 200 day moving average is $34.84.

H World Group Dividend Announcement

The business also recently announced a semi-annual dividend, which will be paid on Friday, September 26th. Stockholders of record on Tuesday, September 9th will be issued a dividend of $0.79 per share. This represents a dividend yield of 480.0%. The ex-dividend date of this dividend 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.