Two Sigma Investments LP Sells 339,919 Shares of H World Group Limited (NASDAQ:HTHT)

Two Sigma Investments LP decreased its holdings in shares of H World Group Limited (NASDAQ:HTHT - Free Report) by 66.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 169,799 shares of the company's stock after selling 339,919 shares during the quarter. Two Sigma Investments LP owned 0.05% of H World Group worth $5,608,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Temasek Holdings Private Ltd raised its stake 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 acquiring an additional 1,917,528 shares in the last quarter. Triata Capital Ltd acquired a new position in shares of H World Group in the fourth quarter valued at approximately $6,910,000. Nuveen Asset Management LLC increased its stake in shares of H World Group by 625.5% in the fourth quarter. Nuveen Asset Management LLC now owns 2,136,770 shares of the company's stock valued at $70,578,000 after buying an additional 1,842,244 shares during the period. Oasis Management Co Ltd. boosted its holdings in H World Group by 8.1% in the fourth quarter. Oasis Management Co Ltd. now owns 209,879 shares of the company's stock valued at $6,932,000 after acquiring an additional 15,800 shares during the last quarter. Finally, Balyasny Asset Management L.P. bought a new stake in H World Group in the fourth quarter valued at approximately $28,789,000. Institutional investors and hedge funds own 46.41% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on HTHT. Morgan Stanley restated an "overweight" rating on shares of H World Group in a report on Monday, March 31st. HSBC cut H World Group from a "buy" rating to a "hold" rating and set a $32.40 price target on the stock. in a report on Wednesday, February 5th. Hsbc Global Res cut H World Group from a "strong-buy" rating to a "hold" rating in a report on Tuesday, February 4th. Finally, JPMorgan Chase & Co. cut their price target on H World Group from $43.00 to $42.00 and set an "overweight" rating on the stock in a report on Wednesday, May 21st. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $40.80.

H World Group Stock Down 2.6%

Shares of HTHT traded down $0.93 during trading hours on Friday, reaching $35.01. The stock had a trading volume of 2,258,684 shares, compared to its average volume of 2,018,384. H World Group Limited has a 12 month low of $27.03 and a 12 month high of $42.98. The firm has a 50-day simple moving average of $35.33 and a 200 day simple moving average of $34.58. The company has a current ratio of 0.88, a quick ratio of 0.87 and a debt-to-equity ratio of 0.60. The company has a market capitalization of $10.75 billion, a price-to-earnings ratio of 21.22, a P/E/G ratio of 1.28 and a beta of 0.45.

H World Group Increases Dividend

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

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.