38,000 Shares in H World Group Limited (NASDAQ:HTHT) Acquired by Lansforsakringar Fondforvaltning AB publ

Lansforsakringar Fondforvaltning AB publ purchased a new position in shares of H World Group Limited (NASDAQ:HTHT - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 38,000 shares of the company's stock, valued at approximately $1,255,000.

Other hedge funds also recently modified their holdings of the company. Daiwa Securities Group Inc. acquired a new stake in H World Group in the 4th quarter valued at approximately $33,000. US Bancorp DE raised its position in H World Group by 21.2% in the 4th quarter. US Bancorp DE now owns 4,839 shares of the company's stock valued at $160,000 after buying an additional 845 shares during the last quarter. Blue Trust Inc. raised its position in H World Group by 13.5% in the 4th quarter. Blue Trust Inc. now owns 5,467 shares of the company's stock valued at $181,000 after buying an additional 650 shares during the last quarter. iA Global Asset Management Inc. acquired a new stake in H World Group in the 4th quarter valued at approximately $196,000. Finally, Mariner LLC raised its position in H World Group by 33.8% in the 4th quarter. Mariner LLC now owns 8,120 shares of the company's stock valued at $268,000 after buying an additional 2,050 shares during the last quarter. Institutional investors and hedge funds own 46.41% of the company's stock.

H World Group Stock Down 2.6%

HTHT stock traded down $0.93 during mid-day trading on Friday, reaching $35.01. The company had a trading volume of 2,258,684 shares, compared to its average volume of 2,018,384. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.88 and a quick ratio of 0.87. The stock has a 50 day simple moving average of $35.33 and a two-hundred day simple moving average of $34.58. The company has a market capitalization of $10.75 billion, a price-to-earnings ratio of 21.22, a PEG ratio of 1.28 and a beta of 0.45. H World Group Limited has a 52 week low of $27.03 and a 52 week high of $42.98.

H World Group Increases Dividend

The firm also recently announced a -- dividend, which was paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 9th were paid a dividend of $0.95 per share. This is an increase from H World Group's previous -- dividend of $0.34. This represents a dividend yield of 4.1%. The ex-dividend date was Wednesday, April 9th. H World Group's payout ratio is currently 131.94%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on HTHT. JPMorgan Chase & Co. dropped their target price 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. HSBC downgraded H World Group from a "buy" rating to a "hold" rating and set a $32.40 price target for the company. in a research note on Wednesday, February 5th. Hsbc Global Res downgraded H World Group from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 4th. Finally, Morgan Stanley restated an "overweight" rating on shares of H World Group in a research note on Monday, March 31st. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average 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.