Nykredit A S Invests $4.57 Million in H World Group Limited Sponsored ADR $HTHT

Key Points

• Nykredit A/S acquired 109,591 shares of H World Group in the second quarter, valued at approximately $4.57 million. Institutional investors collectively own 46.41% of the company.
• Analyst sentiment remains favorable, with three Buy ratings and two Hold ratings, resulting in a consensus “Moderate Buy” rating and an average price target of $61.20.
• H World Group exceeded quarterly expectations, reporting $0.78 in earnings per share versus the $0.74 estimate and revenue of $1.05 billion compared with the $998.88 million consensus forecast.

Nykredit A S acquired a new stake in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 109,591 shares of the company's stock, valued at approximately $4,572,000.

Several other hedge funds have also made changes to their positions in the stock. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in H World Group by 10.9% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 237,340 shares of the company's stock valued at $11,390,000 after acquiring an additional 23,372 shares during the period. Aubrey Capital Management Ltd bought a new stake in shares of H World Group in the 4th quarter worth approximately $11,946,000. True Light Capital Pte. Ltd. bought a new stake in shares of H World Group in the 4th quarter worth approximately $37,602,000. AustralianSuper Pty Ltd acquired a new stake in shares of H World Group during the 4th quarter worth approximately $6,438,000. Finally, Polymer Capital Management HK LTD increased its position in shares of H World Group by 1,867.3% during the fourth quarter. Polymer Capital Management HK LTD now owns 108,200 shares of the company's stock valued at $5,091,000 after purchasing an additional 102,700 shares during the period. Institutional investors own 46.41% of the company's stock.

Analyst Ratings Changes

Several research analysts recently commented on the company. Benchmark reaffirmed a "buy" rating on shares of H World Group in a research report on Tuesday, August 18th. Wall Street Zen upgraded shares of H World Group from a "hold" rating to a "buy" rating in a research note on Saturday. Weiss Ratings raised shares of H World Group from a "hold (c)" rating to a "hold (c+)" rating in a report on Wednesday, August 26th. Finally, Zacks Research lowered shares of 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's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $61.20.

H World Group Price Performance

H World Group stock opened at $45.77 on Monday. The business has a 50 day simple moving average of $43.63 and a 200 day simple moving average of $47.22. 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 company has a market capitalization of $14.08 billion, a PE ratio of 20.16, a price-to-earnings-growth ratio of 1.63 and a beta of 0.15. H World Group Limited Sponsored ADR has a one year low of $36.48 and a one year high of $56.63.

H World Group (NASDAQ:HTHT - Get Free Report) last announced its quarterly earnings results on Monday, August 17th. The company reported $0.78 earnings per share for the quarter, beating analysts' consensus estimates 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 firm had revenue of $1.05 billion for the quarter, compared to analysts' expectations of $998.88 million. On average, sell-side analysts forecast that H World Group Limited Sponsored ADR will post 2.6 EPS for the current fiscal year.

H World Group Cuts Dividend

The company also recently declared a dividend, which will be paid on Tuesday, September 22nd. Shareholders of record on Tuesday, September 8th will be given a $0.87 dividend. The ex-dividend date is Tuesday, September 8th. This represents a yield of 373.0%. H World Group's payout ratio is 74.89%.

About H World Group

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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