H World Group Limited Sponsored ADR $HTHT Shares Sold by Public Employees Retirement System of Ohio

Key Points

• The Public Employees Retirement System of Ohio has reduced its stake in H World Group Limited by 83.7%, selling 159,857 shares and now holding 31,169 shares valued at approximately $1,057,000.
• H World Group's stock is currently trading at $38.50 with a market capitalization of $11.85 billion and a dividend recently declared at $0.79 per share, representing a yield of 435.0%.
• Analyst ratings for H World Group show a consensus of "Hold" among several brokerages, with a price target of $40.80 and three analysts rating it as a Buy.

Public Employees Retirement System of Ohio lessened its position in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT - Free Report) by 83.7% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 31,169 shares of the company's stock after selling 159,857 shares during the period. Public Employees Retirement System of Ohio's holdings in H World Group were worth $1,057,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in HTHT. Brooklyn Investment Group acquired a new position in H World Group during the 1st quarter worth approximately $40,000. Caitong International Asset Management Co. Ltd acquired a new position in H World Group during the 1st quarter worth approximately $51,000. Taikang Asset Management Hong Kong Co Ltd acquired a new position in H World Group during the 1st quarter worth approximately $189,000. Greenleaf Trust acquired a new position in H World Group during the 1st quarter worth approximately $226,000. Finally, US Bancorp DE grew its holdings in H World Group by 36.4% during the 1st quarter. US Bancorp DE now owns 6,600 shares of the company's stock worth $244,000 after acquiring an additional 1,761 shares in the last quarter. Institutional investors and hedge funds own 46.41% of the company's stock.

H World Group Stock Performance

NASDAQ:HTHT opened at $38.50 on Friday. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.32. H World Group Limited Sponsored ADR has a fifty-two week low of $30.13 and a fifty-two week high of $42.98. The stock has a market cap of $11.85 billion, a PE ratio of 23.19, a price-to-earnings-growth ratio of 1.84 and a beta of 0.35. The firm's fifty day simple moving average is $35.75 and its 200-day simple moving average is $35.15.

H World Group Dividend Announcement

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

Analyst Ratings Changes

Several brokerages have recently issued reports on HTHT. Weiss Ratings restated a "hold (c)" rating on shares of H World Group in a report on Saturday, September 27th. Wall Street Zen upgraded shares of H World Group from a "hold" rating to a "buy" rating in a report on Sunday, September 28th. Finally, Zacks Research upgraded shares of H World Group from a "strong sell" rating to a "hold" rating in a report on Thursday, August 28th. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $40.80.

H World Group Company Profile

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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