Squarepoint Ops LLC Has $828,000 Stake in H World Group Limited (NASDAQ:HTHT)

Squarepoint Ops LLC reduced its holdings in H World Group Limited (NASDAQ:HTHT - Free Report) by 75.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 25,072 shares of the company's stock after selling 76,544 shares during the quarter. Squarepoint Ops LLC's holdings in H World Group were worth $828,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Temasek Holdings Private Ltd raised its holdings in H World Group by 87.2% during the fourth quarter. Temasek Holdings Private Ltd now owns 4,117,528 shares of the company's stock worth $136,002,000 after buying an additional 1,917,528 shares during the last quarter. Triata Capital Ltd bought a new stake in H World Group during the fourth quarter valued at approximately $6,910,000. Nuveen Asset Management LLC raised its stake in shares of H World Group by 625.5% during the fourth quarter. Nuveen Asset Management LLC now owns 2,136,770 shares of the company's stock worth $70,578,000 after acquiring an additional 1,842,244 shares in the last quarter. Oasis Management Co Ltd. raised its stake in shares of H World Group by 8.1% during the fourth quarter. Oasis Management Co Ltd. now owns 209,879 shares of the company's stock worth $6,932,000 after acquiring an additional 15,800 shares in the last quarter. Finally, Balyasny Asset Management L.P. purchased a new position in shares of H World Group in the fourth quarter worth $28,789,000. 46.41% of the stock is currently owned by institutional investors and hedge funds.

H World Group Trading Up 1.2%

Shares of HTHT traded up $0.42 during trading on Thursday, reaching $35.81. 918,355 shares of the company traded hands, compared to its average volume of 2,011,707. H World Group Limited has a twelve month low of $27.03 and a twelve month high of $42.98. The stock has a 50-day simple moving average of $35.18 and a 200-day simple moving average of $34.59. The company has a quick ratio of 0.87, a current ratio of 0.88 and a debt-to-equity ratio of 0.60. The stock has a market cap of $10.99 billion, a PE ratio of 21.70, a price-to-earnings-growth ratio of 1.28 and a beta of 0.45.

H World Group Increases Dividend

The company also recently disclosed a -- dividend, which was paid on Wednesday, April 30th. Investors of record on Wednesday, April 9th were paid a dividend of $0.95 per share. The ex-dividend date was Wednesday, April 9th. This is a boost from H World Group's previous -- dividend of $0.34. This represents a yield of 4.1%. H World Group's dividend payout ratio (DPR) is 131.94%.

Analyst Ratings Changes

A number of brokerages have recently commented on HTHT. HSBC cut shares of H World Group from a "buy" rating to a "hold" rating and set a $32.40 target price on the stock. in a report on Wednesday, February 5th. Morgan Stanley restated an "overweight" rating on shares of H World Group in a research note on Monday, March 31st. Finally, JPMorgan Chase & Co. cut their target price on shares of H World Group from $43.00 to $42.00 and set an "overweight" rating for the company in a report on Wednesday, May 21st. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat, H World Group currently has a consensus rating of "Moderate Buy" and a consensus target price 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.