Nykredit A S Buys Shares of 98,057 H World Group Limited Sponsored ADR $HTHT

Key Points

• Nykredit A/S initiated a stake in H World Group by purchasing 98,057 shares valued at approximately $4.1 million. Institutional investors collectively own 46.41% of the company.
• H World Group exceeded quarterly expectations, reporting $0.78 in earnings per share versus the $0.74 consensus estimate and revenue of $1.05 billion, above forecasts of $998.88 million.
• Analyst sentiment remains moderately bullish, with an average rating of “Moderate Buy” and a $61.20 target price, although several firms recently downgraded the stock to “Hold.” Shares opened at $43.33, down 0.7%.

Nykredit A S purchased a new stake in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT - Free Report) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 98,057 shares of the company's stock, valued at approximately $4,091,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Capital International Investors increased its holdings in shares of H World Group by 71.8% in the 4th quarter. Capital International Investors now owns 8,334,604 shares of the company's stock worth $392,143,000 after buying an additional 3,483,760 shares during the last quarter. Kontiki Capital Management HK Ltd. grew its holdings in H World Group by 49.6% in the 4th quarter. Kontiki Capital Management HK Ltd. now owns 3,703,788 shares of the company's stock worth $174,263,000 after acquiring an additional 1,228,617 shares during the last quarter. Renaissance Technologies LLC grew its holdings in H World Group by 11.1% in the 1st quarter. Renaissance Technologies LLC now owns 1,392,185 shares of the company's stock worth $70,013,000 after acquiring an additional 139,300 shares during the last quarter. Hsbc Holdings PLC increased its position in shares of H World Group by 44.7% in the fourth quarter. Hsbc Holdings PLC now owns 1,183,612 shares of the company's stock valued at $55,644,000 after acquiring an additional 365,659 shares during the period. Finally, Capital International Inc. CA increased its position in shares of H World Group by 406.9% in the fourth quarter. Capital International Inc. CA now owns 840,173 shares of the company's stock valued at $39,530,000 after acquiring an additional 674,438 shares during the period. 46.41% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

HTHT has been the subject of a number of research reports. Weiss Ratings downgraded shares of H World Group from a "hold (c+)" rating to a "hold (c)" rating in a research note on Thursday, September 10th. Benchmark reissued a "buy" rating on shares of H World Group in a research report on Tuesday, August 18th. Wall Street Zen cut H World Group from a "buy" rating to a "hold" rating in a research note on Saturday. Finally, Zacks Research lowered H World Group from a "strong-buy" rating to a "hold" rating in a research report on Thursday, June 4th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $61.20.

H World Group Trading Down 0.7%

H World Group stock opened at $43.33 on Wednesday. The business has a 50-day simple moving average of $44.04 and a two-hundred day simple moving average of $46.32. The company has a market cap of $13.32 billion, a P/E ratio of 19.09, a P/E/G ratio of 1.55 and a beta of 0.15. H World Group Limited Sponsored ADR has a 52-week low of $36.56 and a 52-week high of $56.63. The company has a quick ratio of 1.20, a current ratio of 1.21 and a debt-to-equity ratio of 0.44.

H World Group (NASDAQ:HTHT - Get Free Report) last issued 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 net margin of 18.90% and a return on equity of 41.05%. The business had revenue of $1.05 billion for the quarter, compared to analysts' expectations of $998.88 million. Analysts predict 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 disclosed a dividend, which was paid on Tuesday, September 22nd. Stockholders of record on Tuesday, September 8th were paid a $0.87 dividend. The ex-dividend date of this dividend was Tuesday, September 8th. This represents a dividend yield of 394.0%. H World Group's dividend payout ratio is 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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