H World Group Limited Sponsored ADR $HTHT Holdings Cut by Vontobel Holding Ltd.

Key Points

• Vontobel Holding Ltd. has reduced its stake in H World Group Limited by 92.1%, now owning 25,731 shares valued at $873,000 after selling 298,383 shares during the second quarter.
• Mirae Asset Global Investments significantly increased its stake in H World Group by 4,554.2% in Q1, resulting in ownership of over 11.6 million shares valued at $432.5 million.
• H World Group announced a semi-annual dividend of $0.79 per share, representing a yield of 435.0%, with a payout ratio of 95.18%.

Vontobel Holding Ltd. lessened its holdings in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT - Free Report) by 92.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 25,731 shares of the company's stock after selling 298,383 shares during the period. Vontobel Holding Ltd.'s holdings in H World Group were worth $873,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in HTHT. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of H World Group by 4,554.2% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 11,684,748 shares of the company's stock valued at $432,453,000 after acquiring an additional 11,433,692 shares during the period. Temasek Holdings Private Ltd grew its position in H World Group by 66.5% in the first quarter. Temasek Holdings Private Ltd now owns 6,856,300 shares of the company's stock worth $253,752,000 after buying an additional 2,738,772 shares during the last quarter. Generation Investment Management LLP grew its position in H World Group by 8.2% in the first quarter. Generation Investment Management LLP now owns 5,213,875 shares of the company's stock worth $192,966,000 after buying an additional 395,042 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp grew 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. Finally, Keystone Investors PTE Ltd. grew its position in H World Group by 1,280.0% in the first quarter. Keystone Investors PTE Ltd. now owns 1,901,589 shares of the company's stock worth $70,378,000 after buying an additional 1,763,789 shares during the last quarter. Institutional investors own 46.41% of the company's stock.

H World Group Trading Down 0.6%

NASDAQ HTHT opened at $37.18 on Monday. H World Group Limited Sponsored ADR has a twelve month low of $30.13 and a twelve month high of $40.92. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.81 and a current ratio of 0.81. The stock has a market cap of $11.44 billion, a price-to-earnings ratio of 22.40, a PEG ratio of 1.78 and a beta of 0.35. The firm's 50 day moving average price is $36.34 and its two-hundred day moving average price is $35.13.

H World Group Dividend Announcement

The company also recently disclosed a semi-annual dividend, which was paid on Friday, September 26th. Shareholders of record on Tuesday, September 9th were given a dividend of $0.79 per share. This represents a yield of 435.0%. The ex-dividend date was Tuesday, September 9th. H World Group's payout ratio is presently 95.18%.

Analysts Set New Price Targets

Several research firms have issued reports on HTHT. Zacks Research upgraded shares of H World Group from a "strong sell" rating to a "hold" rating in a research report on Thursday, August 28th. Wall Street Zen upgraded shares of H World Group from a "hold" rating to a "buy" rating in a research report on Sunday, September 28th. Finally, Weiss Ratings restated a "hold (c)" rating on shares of H World Group in a research report on Saturday, September 27th. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" 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.

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