Generation Investment Management LLP Has $192.97 Million Position in H World Group Limited Sponsored ADR $HTHT

Key Points

• Generation Investment Management LLP increased its stake in H World Group Limited Sponsored ADR by 8.2%, acquiring an additional 395,042 shares in the first quarter, which now represents approximately 1.2% of its portfolio.
• H World Group announced a $0.79 semi-annual dividend payable on September 26th, with a high yield of 480.0% despite a payout ratio of 114.46%.
• Analysts have upgraded the stock rating to a "Moderate Buy" with an average target price of $40.80, indicating positive sentiment among market experts.

Generation Investment Management LLP boosted its position in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT - Free Report) by 8.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,213,875 shares of the company's stock after acquiring an additional 395,042 shares during the period. H World Group accounts for 1.2% of Generation Investment Management LLP's investment portfolio, making the stock its 25th biggest holding. Generation Investment Management LLP owned approximately 1.70% of H World Group worth $192,966,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Brooklyn Investment Group bought a new position in shares of H World Group during the 1st quarter worth about $40,000. Caitong International Asset Management Co. Ltd bought a new position in shares of H World Group during the 1st quarter worth about $51,000. Taikang Asset Management Hong Kong Co Ltd bought a new position in shares of H World Group during the 1st quarter worth about $189,000. Confluence Investment Management LLC bought a new position in shares of H World Group during the 1st quarter worth about $209,000. Finally, Greenleaf Trust bought a new position in shares of H World Group during the 1st quarter worth about $226,000. Institutional investors and hedge funds own 46.41% of the company's stock.

H World Group Price Performance

Shares of NASDAQ:HTHT traded up $1.21 during midday trading on Friday, reaching $37.60. The company's stock had a trading volume of 1,928,483 shares, compared to its average volume of 2,296,155. The business's fifty day simple moving average is $33.77 and its 200-day simple moving average is $34.96. 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 fifty-two week low of $28.27 and a fifty-two week high of $42.98. The company has a market capitalization of $11.54 billion, a P/E ratio of 22.65, a P/E/G ratio of 1.74 and a beta of 0.35.

H World Group Announces Dividend

The company also recently disclosed a semi-annual dividend, which will be paid on Friday, September 26th. Investors of record on Tuesday, September 9th will be given a $0.79 dividend. This represents a yield of 480.0%. The ex-dividend date is Tuesday, September 9th. H World Group's dividend payout ratio (DPR) is presently 114.46%.

Analyst Upgrades and Downgrades

HTHT has been the subject of a number of analyst reports. Zacks Research upgraded shares of H World Group from a "strong sell" rating to a "hold" rating in a research note on Thursday, August 28th. JPMorgan Chase & Co. lowered their price target on 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. Finally, Wall Street Zen raised H World Group from a "hold" rating to a "buy" rating in a report on Friday. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, H World Group has a consensus 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.