National Pension Service Has $4.29 Million Stake in H World Group Limited Sponsored ADR $HTHT

Key Points

• National Pension Service increased its H World Group stake by 64.8% in the second quarter, ending with 102,774 shares valued at approximately $4.29 million. Institutional investors collectively own 46.41% of the company.
• Analysts maintain a generally positive outlook, with H World Group receiving a consensus “Moderate Buy” rating and an average price target of $61.20. Recent quarterly results also exceeded expectations, with earnings and revenue above consensus estimates.
• HTHT shares opened at $42.66, compared with a 52-week range of $36.54 to $56.63. The company declared a $0.87 dividend, while reporting a 74.89% payout ratio.

National Pension Service raised its stake in H World Group Limited Sponsored ADR (NASDAQ:HTHT - Free Report) by 64.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 102,774 shares of the company's stock after purchasing an additional 40,405 shares during the quarter. National Pension Service's holdings in H World Group were worth $4,288,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. True Light Capital Pte. Ltd. purchased a new stake in H World Group in the 4th quarter valued at $37,602,000. Polymer Capital Management HK LTD lifted its stake in H World Group by 1,867.3% during the 4th quarter. Polymer Capital Management HK LTD now owns 108,200 shares of the company's stock valued at $5,091,000 after acquiring an additional 102,700 shares in the last quarter. Capital International Inc. CA boosted its holdings in H World Group by 406.9% during the 4th quarter. Capital International Inc. CA now owns 840,173 shares of the company's stock worth $39,530,000 after acquiring an additional 674,438 shares during the last quarter. Renaissance Group LLC bought a new stake in shares of H World Group in the 4th quarter worth $7,539,000. Finally, Fideuram Asset Management Ireland dac bought a new stake in shares of H World Group in the 4th quarter worth $3,188,000. Institutional investors own 46.41% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on HTHT shares. Weiss Ratings lowered shares of H World Group from a "hold (c+)" rating to a "hold (c)" rating in a research report on Thursday. Zacks Research cut shares of H World Group from a "strong-buy" rating to a "hold" rating in a research report on Thursday, June 4th. Wall Street Zen raised H World Group from a "hold" rating to a "buy" rating in a report on Saturday, September 5th. Finally, Benchmark reaffirmed a "buy" rating on shares of H World Group in a research report on Tuesday, August 18th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, H World Group presently has a consensus rating of "Moderate Buy" and an average target price of $61.20.

H World Group Stock Performance

Shares of HTHT opened at $42.66 on Monday. H World Group Limited Sponsored ADR has a 1 year low of $36.54 and a 1 year high of $56.63. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.21 and a quick ratio of 1.20. The stock's fifty day moving average price is $43.78 and its two-hundred day moving average price is $46.86. The firm has a market cap of $13.12 billion, a PE ratio of 18.79, a PEG ratio of 1.52 and a beta of 0.15.

H World Group (NASDAQ:HTHT - Get Free Report) last posted its quarterly earnings results on Monday, August 17th. The company reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.04. H World Group had a return on equity of 41.05% and a net margin of 18.90%.The company had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $998.88 million. On average, equities research analysts forecast that H World Group Limited Sponsored ADR will post 2.6 EPS for the current year.

H World Group Cuts Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, September 22nd. Stockholders of record on Tuesday, September 8th will be paid a $0.87 dividend. The ex-dividend date is Tuesday, September 8th. This represents a dividend yield of 394.0%. H World Group's dividend payout ratio (DPR) is presently 74.89%.

H World Group Profile

H World Group Limited NASDAQ: HTHT is a global hospitality company that develops, operates and franchises hotels. The company provides accommodation and related services to business and leisure travelers through a portfolio spanning economy, midscale, upscale and luxury segments.

In China, H World's brands include HanTing Hotel, Hi Inn, Ji Hotel, Starway, Orange Hotel and Crystal Orange. Through its international operations, the company also operates brands such as Steigenberger Hotels & Resorts, IntercityHotel, MAXX by Steigenberger, Jaz in the City and Zleep Hotels.

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