American Century Companies Inc. Has $7.93 Million Position in 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. lifted its stake in H World Group Limited Sponsored ADR (NASDAQ:HTHT - Free Report) by 7.3% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 214,151 shares of the company's stock after purchasing an additional 14,651 shares during the quarter. American Century Companies Inc. owned 0.07% of H World Group worth $7,926,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also made changes to their positions in the company. China Universal Asset Management Co. Ltd. lifted its position in shares of H World Group by 5,000.0% in the first quarter. China Universal Asset Management Co. Ltd. now owns 10,200 shares of the company's stock worth $378,000 after purchasing an additional 10,000 shares in the last quarter. BRIGHT VALLEY CAPITAL Ltd purchased a new stake in shares of H World Group in the first quarter worth approximately $814,000. Bank of New York Mellon Corp raised its position in H World Group by 8.5% during the first 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 in the last quarter. Keystone Investors PTE Ltd. raised its position in 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 valued at $70,378,000 after acquiring an additional 1,763,789 shares in the last quarter. Finally, Northern Trust Corp raised its position in H World Group by 155.5% during the fourth 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 in the last quarter. 46.41% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts recently weighed in on HTHT shares. JPMorgan Chase & Co. cut their price objective on shares of 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. Zacks Research raised shares of H World Group from a "strong sell" rating to a "hold" rating in a research report on Thursday, August 28th. Three equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, H World Group has an average rating of "Moderate Buy" and an average target price of $40.80.

H World Group Stock Performance

Shares of H World Group stock traded down $0.07 during midday trading on Tuesday, hitting $36.78. The company had a trading volume of 1,590,427 shares, compared to its average volume of 2,548,333. The business's 50 day simple moving average is $33.61 and its two-hundred day simple moving average is $34.94. The stock has a market cap of $11.29 billion, a PE ratio of 22.16, a P/E/G ratio of 1.76 and a beta of 0.35. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.81 and a quick ratio of 0.81. H World Group Limited Sponsored ADR has a 1-year low of $28.27 and a 1-year high of $42.98.

H World Group Dividend Announcement

The business also recently disclosed a semi-annual dividend, which will be paid on Friday, September 26th. Stockholders of record on Tuesday, September 9th will be paid a $0.79 dividend. 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 presently 114.46%.

H World Group Company 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.