Generation Investment Management LLP Buys 395,042 Shares of 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 holdings in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT - Free Report) by 8.2% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,213,875 shares of the company's stock after purchasing an additional 395,042 shares during the period. H World Group comprises approximately 1.2% of Generation Investment Management LLP's holdings, making the stock its 25th largest holding. Generation Investment Management LLP owned about 1.70% of H World Group worth $192,966,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in HTHT. Hhlr Advisors LTD. purchased a new stake in shares of H World Group in the 1st quarter worth approximately $8,784,000. Indus Capital Partners LLC bought a new position in H World Group in the 1st quarter valued at approximately $14,182,000. Taikang Asset Management Hong Kong Co Ltd bought a new position in shares of H World Group during the 1st quarter valued at $189,000. Walleye Capital LLC purchased a new stake in shares of H World Group in the 1st quarter worth $261,000. Finally, APG Asset Management N.V. lifted its position in H World Group by 24.5% during the first quarter. APG Asset Management N.V. now owns 35,593 shares of the company's stock valued at $1,219,000 after purchasing an additional 7,000 shares in the last quarter. Hedge funds and other institutional investors own 46.41% of the company's stock.

H World Group Price Performance

Shares of H World Group stock traded up $1.21 during trading on Friday, reaching $37.60. 1,928,483 shares of the stock traded hands, compared to its average volume of 2,296,155. The company has a market capitalization of $11.54 billion, a price-to-earnings ratio of 22.65, a P/E/G ratio of 1.80 and a beta of 0.35. H World Group Limited Sponsored ADR has a 52-week low of $28.27 and a 52-week high of $42.98. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.81 and a quick ratio of 0.81. The business has a fifty day simple moving average of $33.77 and a two-hundred day simple moving average of $34.94.

H World Group Dividend Announcement

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

Wall Street Analyst Weigh In

Several research firms have issued reports on HTHT. Wall Street Zen raised H World Group from a "hold" rating to a "buy" rating in a report on Friday. Zacks Research raised H World Group from a "strong sell" rating to a "hold" rating in a report on Thursday, August 28th. Finally, JPMorgan Chase & Co. cut their price target on H World Group from $43.00 to $42.00 and set an "overweight" rating for the company in a research note on Wednesday, May 21st. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price 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.