Fideuram Asset Management Ireland dac Buys New Stake in H World Group Limited Sponsored ADR $HTHT

Key Points

• Fideuram Asset Management Ireland disclosed a new fourth-quarter stake in H World Group, purchasing 67,755 shares worth about $3.19 million.
• Several other institutional investors also adjusted positions, with firms like Geode Capital Management and Greenwoods Asset Management increasing holdings; institutional ownership now stands at 46.41%.
• Analyst sentiment is mostly positive, with recent upgrades from Zacks and UBS and a consensus rating of Buy with an average target price of $61.20.

Fideuram Asset Management Ireland dac bought a new stake in H World Group Limited Sponsored ADR (NASDAQ:HTHT - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 67,755 shares of the company's stock, valued at approximately $3,188,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Geode Capital Management LLC increased its stake in H World Group by 1.7% in the fourth quarter. Geode Capital Management LLC now owns 1,334,737 shares of the company's stock valued at $62,241,000 after acquiring an additional 22,129 shares during the period. Hantz Financial Services Inc. increased its stake in H World Group by 63.4% in the fourth quarter. Hantz Financial Services Inc. now owns 13,081 shares of the company's stock valued at $615,000 after acquiring an additional 5,076 shares during the period. Swedbank AB increased its stake in H World Group by 43.2% in the fourth quarter. Swedbank AB now owns 66,669 shares of the company's stock valued at $3,137,000 after acquiring an additional 20,100 shares during the period. Global Retirement Partners LLC increased its stake in H World Group by 11,890.0% in the fourth quarter. Global Retirement Partners LLC now owns 8,393 shares of the company's stock valued at $395,000 after acquiring an additional 8,323 shares during the period. Finally, Greenwoods Asset Management Hong Kong Ltd. increased its stake in H World Group by 134.1% in the fourth quarter. Greenwoods Asset Management Hong Kong Ltd. now owns 842,822 shares of the company's stock valued at $39,655,000 after acquiring an additional 482,822 shares during the period. Institutional investors own 46.41% of the company's stock.

Insider Buying and Selling

In other H World Group news, Director Theng Fong Hee sold 31,640 shares of the business's stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $50.96, for a total value of $1,612,374.40. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 49.40% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Zacks Research raised shares of H World Group from a "hold" rating to a "strong-buy" rating in a research note on Thursday, March 19th. UBS Group raised shares of H World Group from a "neutral" rating to a "buy" rating and set a $62.40 target price on the stock in a research note on Monday, March 9th. Wall Street Zen cut shares of H World Group from a "buy" rating to a "hold" rating in a research note on Saturday, May 23rd. Benchmark upped their target price on shares of H World Group from $52.00 to $60.00 and gave the company a "buy" rating in a research note on Thursday, March 19th. Finally, Weiss Ratings cut shares of H World Group from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Monday, May 18th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of "Buy" and an average target price of $61.20.

H World Group Price Performance

NASDAQ:HTHT opened at $44.70 on Friday. The firm has a market cap of $13.75 billion, a PE ratio of 20.04, a price-to-earnings-growth ratio of 1.24 and a beta of 0.15. H World Group Limited Sponsored ADR has a 12 month low of $30.41 and a 12 month high of $56.63. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.49. The company's 50-day moving average price is $49.83 and its two-hundred day moving average price is $49.51.

H World Group (NASDAQ:HTHT - Get Free Report) last released its quarterly earnings results on Saturday, February 14th. The company reported $0.06 EPS for the quarter. The firm had revenue of $932.62 million for the quarter. H World Group had a net margin of 19.22% and a return on equity of 39.73%. On average, equities analysts anticipate that H World Group Limited Sponsored ADR will post 2.47 EPS for the current fiscal year.

H World Group Announces Dividend

The company also recently declared a dividend, which was paid on Wednesday, May 20th. Shareholders of record on Monday, May 4th were given a $1.30 dividend. The ex-dividend date was Monday, May 4th. This represents a yield of 542.0%. H World Group's payout ratio is 114.80%.

H World Group Company Profile

H World Group, formerly known as Huazhu Group, is a leading hotel management and franchising company primarily serving the China market. The company operates a broad portfolio of midscale to luxury hotel brands, including Hi Inn, Blossom, Manxin, Madison International, Joya, Grand Mercure, Novotel, Mercure and ibis. Through a network of both directly managed and franchised properties, H World Group caters to business and leisure travelers by offering consistent service standards and loyalty benefits across its brands.

In addition to its core hotel operations, H World Group provides technology-driven hospitality solutions such as centralized reservation systems, revenue management platforms and customer relationship management tools.

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