Massachusetts Financial Services Co. MA Grows Stake in H World Group Limited Sponsored ADR $HTHT

Key Points

• Massachusetts Financial Services Co. raised its stake in H World Group by 3.9% in Q4 to 598,817 shares (about 0.19% of the company), valued at roughly $28.17 million.
• Several analysts upgraded HTHT to Buy/Strong Buy and raised targets—Benchmark to $60 and UBS to $62.40—leaving a MarketBeat average price target of $54.80.
• H World announced a $1.30 per share dividend payable May 20 (record/ex-dividend date: May 4) and recently reported quarterly revenue of $932.6 million, EPS of $0.06 and a net margin of 20.05%.

Massachusetts Financial Services Co. MA raised its stake in H World Group Limited Sponsored ADR (NASDAQ:HTHT - Free Report) by 3.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 598,817 shares of the company's stock after acquiring an additional 22,587 shares during the quarter. Massachusetts Financial Services Co. MA owned approximately 0.19% of H World Group worth $28,174,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Principal Financial Group Inc. purchased a new stake in shares of H World Group during the 3rd quarter valued at approximately $12,207,000. APG Asset Management N.V. increased its holdings in H World Group by 146.8% during the 3rd quarter. APG Asset Management N.V. now owns 108,093 shares of the company's stock worth $4,228,000 after acquiring an additional 64,300 shares during the period. Campbell & CO Investment Adviser LLC bought a new stake in H World Group during the 3rd quarter worth approximately $415,000. AI Squared Management Ltd bought a new stake in H World Group during the 3rd quarter worth approximately $1,158,000. Finally, Rakuten Investment Management Inc. bought a new stake in H World Group during the 3rd quarter worth approximately $1,403,000. 46.41% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts recently weighed in on HTHT shares. Zacks Research raised shares of H World Group from a "hold" rating to a "strong-buy" rating in a report on Thursday, March 19th. Wall Street Zen raised shares of H World Group from a "hold" rating to a "buy" rating in a report on Monday, March 23rd. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of H World Group in a report on Friday, March 27th. Benchmark upped their target price on shares of H World Group from $52.00 to $60.00 and gave the stock a "buy" rating in a report on Thursday, March 19th. Finally, UBS Group raised shares of H World Group from a "neutral" rating to a "buy" rating and set a $62.40 price target on the stock in a report on Monday, March 9th. One equities research analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Buy" and an average price target of $54.80.

H World Group Price Performance

HTHT stock opened at $53.72 on Thursday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.91 and a current ratio of 0.91. H World Group Limited Sponsored ADR has a 52 week low of $30.41 and a 52 week high of $56.63. The firm's fifty day moving average is $52.20 and its 200 day moving average is $47.37. The firm has a market cap of $16.54 billion, a P/E ratio of 23.88, a P/E/G ratio of 1.10 and a beta of 0.17.

H World Group (NASDAQ:HTHT - Get Free Report) last released its 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 predict that H World Group Limited Sponsored ADR will post 1.65 earnings per share for the current year.

H World Group Announces Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, May 20th. Investors of record on Monday, May 4th will be issued a dividend of $1.30 per share. The ex-dividend date of this dividend is Monday, May 4th. This represents a dividend yield of 518.0%. H World Group's dividend payout ratio (DPR) is currently 70.22%.

Insiders Place Their Bets

In other H World Group news, Director Theng Fong Hee sold 31,640 shares of the stock in a transaction 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 49.40% of the stock is owned by insiders.

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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