Triata Capital Ltd Buys Shares of 209,213 H World Group Limited (NASDAQ:HTHT)

Triata Capital Ltd purchased a new position in H World Group Limited (NASDAQ:HTHT - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 209,213 shares of the company's stock, valued at approximately $6,910,000. H World Group accounts for about 2.9% of Triata Capital Ltd's investment portfolio, making the stock its 8th largest position. Triata Capital Ltd owned 0.07% of H World Group at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Blue Trust Inc. grew its position in shares of H World Group by 13.5% in the 4th quarter. Blue Trust Inc. now owns 5,467 shares of the company's stock worth $181,000 after buying an additional 650 shares during the period. DnB Asset Management AS grew its holdings in H World Group by 5.6% in the fourth quarter. DnB Asset Management AS now owns 14,691 shares of the company's stock worth $485,000 after purchasing an additional 784 shares during the period. Rhumbline Advisers grew its holdings in H World Group by 2.3% in the fourth quarter. Rhumbline Advisers now owns 34,688 shares of the company's stock worth $1,146,000 after purchasing an additional 791 shares during the period. US Bancorp DE increased its stake in shares of H World Group by 21.2% during the fourth quarter. US Bancorp DE now owns 4,839 shares of the company's stock valued at $160,000 after purchasing an additional 845 shares in the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd lifted its holdings in shares of H World Group by 11.9% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 8,778 shares of the company's stock valued at $290,000 after purchasing an additional 936 shares during the last quarter. Institutional investors own 46.41% of the company's stock.

H World Group Stock Up 2.7%

Shares of HTHT traded up $0.95 on Friday, hitting $36.40. 870,199 shares of the stock traded hands, compared to its average volume of 2,031,708. H World Group Limited has a one year low of $27.03 and a one year high of $42.98. The company has a market capitalization of $11.17 billion, a PE ratio of 22.06, a P/E/G ratio of 1.28 and a beta of 0.45. The business has a 50 day simple moving average of $35.57 and a 200 day simple moving average of $34.64. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.87 and a current ratio of 0.88.

H World Group Increases Dividend

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

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Morgan Stanley restated an "overweight" rating on shares of H World Group in a research note on Monday, March 31st. Hsbc Global Res cut H World Group from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 4th. HSBC downgraded H World Group from a "buy" rating to a "hold" rating and set a $32.40 price target for the company. in a report on Wednesday, February 5th. Finally, JPMorgan Chase & Co. dropped their price target on shares of H World Group from $43.00 to $42.00 and set an "overweight" rating on the stock in a research note on Wednesday. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat, H World Group currently has a consensus rating of "Moderate Buy" and an average target price of $40.80.

H World Group 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.