Temasek Holdings Private Ltd Buys 1,917,528 Shares of H World Group Limited (NASDAQ:HTHT)

Temasek Holdings Private Ltd lifted its stake in H World Group Limited (NASDAQ:HTHT - Free Report) by 87.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,117,528 shares of the company's stock after acquiring an additional 1,917,528 shares during the period. Temasek Holdings Private Ltd owned 1.31% of H World Group worth $136,002,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Capital Research Global Investors bought a new stake in shares of H World Group during the 4th quarter worth $307,715,000. Nuveen Asset Management LLC boosted its holdings in 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 valued at $70,578,000 after acquiring an additional 1,842,244 shares during the period. Capital International Investors grew its position in shares of H World Group by 18.4% in the fourth quarter. Capital International Investors now owns 9,334,577 shares of the company's stock valued at $308,321,000 after purchasing an additional 1,452,364 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its position in shares of H World Group by 1,325.5% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,153,267 shares of the company's stock valued at $38,092,000 after purchasing an additional 1,072,366 shares during the last quarter. Finally, Norges Bank bought a new position in shares of H World Group in the fourth quarter worth about $29,005,000. 46.41% of the stock is currently owned by institutional investors and hedge funds.

H World Group Stock Performance

Shares of HTHT traded up $0.97 on Friday, reaching $36.42. 870,199 shares of the stock traded hands, compared to its average volume of 2,031,727. The stock's 50-day moving average price is $35.57 and its 200-day moving average price is $34.64. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.88 and a quick ratio of 0.87. The firm has a market cap of $11.18 billion, a price-to-earnings ratio of 22.06, a P/E/G ratio of 1.28 and a beta of 0.45. H World Group Limited has a 12 month low of $27.03 and a 12 month high of $42.98.

H World Group Increases Dividend

The firm also recently announced a -- dividend, which was paid on Wednesday, April 30th. Investors of record on Wednesday, April 9th were paid a $0.95 dividend. The ex-dividend date was Wednesday, April 9th. This represents a yield of 4.1%. This is a boost from H World Group's previous -- dividend of $0.34. H World Group's payout ratio is presently 131.94%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on HTHT shares. Morgan Stanley reiterated an "overweight" rating on shares of H World Group in a report on Monday, March 31st. Hsbc Global Res downgraded shares of H World Group from a "strong-buy" rating to a "hold" rating in a report on Tuesday, February 4th. JPMorgan Chase & Co. dropped 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 report on Wednesday. Finally, HSBC lowered shares of H World Group from a "buy" rating to a "hold" rating and set a $32.40 price objective for the company. in a research report on Wednesday, February 5th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $40.80.

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.