American Century Companies Inc. Buys 14,651 Shares of H World Group Limited Sponsored ADR $HTHT

Key Points

• American Century Companies Inc. has increased its stake in H World Group Limited by 7.3%, now owning 214,151 shares valued at approximately $7,926,000.
• Analyst ratings show a consensus rating of "Moderate Buy" for H World Group, with a revised target price set at $42.00 by JPMorgan Chase & Co.
• The company has declared a semi-annual dividend of $0.79 per share, representing a dividend yield of 480.0% despite a current payout ratio of 114.46%.

American Century Companies Inc. increased its stake in H World Group Limited Sponsored ADR (NASDAQ:HTHT - Free Report) by 7.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 214,151 shares of the company's stock after buying an additional 14,651 shares during the quarter. American Century Companies Inc. owned about 0.07% of H World Group worth $7,926,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Mirae Asset Global Investments Co. Ltd. lifted its position in 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 buying an additional 11,433,692 shares during the last quarter. Temasek Holdings Private Ltd lifted its position in H World Group by 87.2% in 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 lifted its position in H World Group by 2,301.4% in 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. Nuveen Asset Management LLC increased its stake in H World Group by 625.5% in the fourth quarter. Nuveen Asset Management LLC now owns 2,136,770 shares of the company's stock worth $70,578,000 after purchasing an additional 1,842,244 shares during the period. Finally, Keystone Investors PTE Ltd. lifted its position in shares of H World Group by 1,280.0% during the first quarter. Keystone Investors PTE Ltd. now owns 1,901,589 shares of the company's stock worth $70,378,000 after purchasing an additional 1,763,789 shares during the last quarter. 46.41% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

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

H World Group Stock Down 2.3%

NASDAQ:HTHT opened at $35.64 on Thursday. The company has a market cap of $10.94 billion, a price-to-earnings ratio of 21.47, a price-to-earnings-growth ratio of 1.74 and a beta of 0.47. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.32. H World Group Limited Sponsored ADR has a twelve month low of $28.27 and a twelve month high of $42.98. The stock has a fifty day simple moving average of $33.37 and a 200-day simple moving average of $34.86.

H World Group Announces Dividend

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

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