H World Group Limited Sponsored ADR $HTHT Shares Bought by Temasek Holdings Private Ltd

Key Points

• Temasek Holdings increased its stake in H World Group Limited by 66.5% during Q1, now owning approximately $253.75 million worth of shares.
• Multiple hedge funds, including Mirae Asset Global Investments and Mitsubishi UFJ Trust & Banking Corp, substantially increased their holdings in H World Group, reflecting a growing institutional interest.
• H World Group recently declared a semi-annual dividend of $0.79 per share, resulting in a notable yield of 480.0%.

Temasek Holdings Private Ltd increased its position in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT - Free Report) by 66.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,856,300 shares of the company's stock after buying an additional 2,738,772 shares during the period. H World Group comprises approximately 1.0% of Temasek Holdings Private Ltd's holdings, making the stock its 21st biggest holding. Temasek Holdings Private Ltd owned about 2.23% of H World Group worth $253,752,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Mirae Asset Global Investments Co. Ltd. increased its position in shares of H World Group by 4,554.2% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 11,684,748 shares of the company's stock worth $432,453,000 after purchasing an additional 11,433,692 shares during the last quarter. Generation Investment Management LLP increased its position in shares of H World Group by 8.2% in the 1st quarter. Generation Investment Management LLP now owns 5,213,875 shares of the company's stock worth $192,966,000 after purchasing an additional 395,042 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp increased its position in shares of H World Group by 2,301.4% in the 1st quarter. Mitsubishi UFJ Trust & Banking Corp now owns 3,926,818 shares of the company's stock worth $145,332,000 after purchasing an additional 3,763,295 shares during the last quarter. Nuveen Asset Management LLC increased its position in shares of H World Group by 625.5% in the 4th quarter. Nuveen Asset Management LLC now owns 2,136,770 shares of the company's stock worth $70,578,000 after purchasing an additional 1,842,244 shares during the last quarter. Finally, Keystone Investors PTE Ltd. increased its position in shares of H World Group by 1,280.0% in the 1st quarter. Keystone Investors PTE Ltd. now owns 1,901,589 shares of the company's stock worth $70,378,000 after purchasing an additional 1,763,789 shares during the last quarter. Institutional investors own 46.41% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on HTHT. Wall Street Zen raised shares of H World Group from a "hold" rating to a "buy" rating in a report on Friday, September 5th. JPMorgan Chase & Co. lowered their price objective on shares of H World Group from $43.00 to $42.00 and set an "overweight" rating for the company in a research report on Wednesday, May 21st. Finally, Zacks Research raised shares of H World Group from a "strong sell" rating to a "hold" rating in a research report on Thursday, August 28th. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, H World Group presently has a consensus rating of "Moderate Buy" and a consensus target price of $40.80.

H World Group Stock Performance

H World Group stock traded up $0.43 during midday trading on Friday, reaching $37.37. 875,378 shares of the stock traded hands, compared to its average volume of 2,031,647. The firm has a market cap of $11.47 billion, a price-to-earnings ratio of 22.51, a PEG ratio of 1.77 and a beta of 0.35. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.32. H World Group Limited Sponsored ADR has a fifty-two week low of $28.32 and a fifty-two week high of $42.98. The firm has a fifty day moving average price of $34.08 and a two-hundred day moving average price of $34.98.

H World Group Announces Dividend

The firm also recently declared a semi-annual dividend, which will be paid on Friday, September 26th. Stockholders of record on Tuesday, September 9th will be issued a dividend of $0.79 per share. This represents a dividend yield of 435.0%. The ex-dividend date of this dividend is Tuesday, September 9th. H World Group's dividend payout ratio (DPR) is 95.18%.

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.