H World Group Limited Sponsored ADR $HTHT Shares Sold by Strs Ohio

Key Points

• Strs Ohio cut its stake in H World Group (NASDAQ:HTHT) by 66.1% in Q4, selling 38,100 shares and leaving it with 19,500 shares valued at about $917,000.
• H World disclosed a $1.30 dividend payable May 20 (record May 4, ex-div May 4), which the report lists as a 542.0% yield and a payout ratio of 113.78%.
• Research firms are broadly bullish with a consensus "Buy" rating and an average price target of $54.80, after several upgrades and target raises (e.g., Benchmark $60, UBS $62.40).

Strs Ohio cut its holdings in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT - Free Report) by 66.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 19,500 shares of the company's stock after selling 38,100 shares during the period. Strs Ohio's holdings in H World Group were worth $917,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the business. Danske Bank A S increased its position in shares of H World Group by 1.7% during the fourth quarter. Danske Bank A S now owns 59,768 shares of the company's stock worth $2,812,000 after purchasing an additional 1,000 shares in the last quarter. State of New Jersey Common Pension Fund D grew its holdings in shares of H World Group by 12.9% during the fourth quarter. State of New Jersey Common Pension Fund D now owns 317,483 shares of the company's stock valued at $14,938,000 after buying an additional 36,379 shares during the last quarter. Pictet Asset Management Holding SA grew its holdings in shares of H World Group by 5.4% during the fourth quarter. Pictet Asset Management Holding SA now owns 258,062 shares of the company's stock valued at $12,142,000 after buying an additional 13,300 shares during the last quarter. B. Metzler seel. Sohn & Co. AG grew its holdings in shares of H World Group by 67.8% during the fourth quarter. B. Metzler seel. Sohn & Co. AG now owns 142,947 shares of the company's stock valued at $6,726,000 after buying an additional 57,751 shares during the last quarter. Finally, Bayforest Capital Ltd grew its holdings in shares of H World Group by 2,919.1% during the fourth quarter. Bayforest Capital Ltd now owns 5,374 shares of the company's stock valued at $253,000 after buying an additional 5,196 shares during the last quarter. 46.41% of the stock is owned by institutional investors and hedge funds.

H World Group Price Performance

NASDAQ:HTHT opened at $47.80 on Friday. H World Group Limited Sponsored ADR has a one year low of $30.41 and a one year high of $56.63. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.91 and a current ratio of 0.91. The firm has a market cap of $14.70 billion, a price-to-earnings ratio of 21.24, a PEG ratio of 1.35 and a beta of 0.15. The firm's fifty day moving average is $51.86 and its two-hundred day moving average is $48.80.

H World Group (NASDAQ:HTHT - Get Free Report) last posted its quarterly earnings results on Saturday, February 14th. The company reported $0.06 EPS for the quarter. H World Group had a net margin of 20.05% and a return on equity of 37.79%. The company had revenue of $932.62 million for the quarter. Research analysts expect that H World Group Limited Sponsored ADR will post 2.47 EPS for the current year.

H World Group Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Wednesday, May 20th. Shareholders of record on Monday, May 4th will be given a $1.30 dividend. This represents a yield of 542.0%. The ex-dividend date is Monday, May 4th. H World Group's dividend payout ratio is currently 113.78%.

Analysts Set New Price Targets

HTHT has been the topic of a number of research analyst reports. Zacks Research raised shares of H World Group from a "hold" rating to a "strong-buy" rating in a report on Thursday, March 19th. Benchmark boosted their price objective on shares of H World Group from $52.00 to $60.00 and gave the company a "buy" rating in a report on Thursday, March 19th. UBS Group raised shares of H World Group from a "neutral" rating to a "buy" rating and set a $62.40 price objective on the stock in a report on Monday, March 9th. Wall Street Zen raised shares of H World Group from a "hold" rating to a "buy" rating in a report on Monday, March 23rd. Finally, Weiss Ratings reissued a "buy (b-)" rating on shares of H World Group in a report on Friday, March 27th. One research analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of $54.80.

Insider Buying and Selling

In other news, Director Theng Fong Hee sold 31,640 shares of H World Group stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $50.96, for a total transaction of $1,612,374.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 49.40% of the company's stock.

H World Group Profile

H World Group, formerly known as Huazhu Group, is a leading hotel management and franchising company primarily serving the China market. The company operates a broad portfolio of midscale to luxury hotel brands, including Hi Inn, Blossom, Manxin, Madison International, Joya, Grand Mercure, Novotel, Mercure and ibis. Through a network of both directly managed and franchised properties, H World Group caters to business and leisure travelers by offering consistent service standards and loyalty benefits across its brands.

In addition to its core hotel operations, H World Group provides technology-driven hospitality solutions such as centralized reservation systems, revenue management platforms and customer relationship management tools.

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