UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Has $57.20 Million Position in H World Group Limited Sponsored ADR $HTHT

Key Points

• UBS Asset Management has increased its stake in H World Group Limited by 3.3%, now owning a total of 1,545,597 shares worth approximately $57.2 million.
• H World Group announced a semi-annual dividend of $0.79, yielding 435.0%, with a payout ratio of 95.18% for its shareholders.
• Analysts have mixed ratings for H World Group, with three rating it as a "Buy" and three as "Hold," resulting in an average target price of $40.80.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in H World Group Limited Sponsored ADR (NASDAQ:HTHT - Free Report) by 3.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,545,597 shares of the company's stock after acquiring an additional 48,954 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned about 0.50% of H World Group worth $57,203,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the stock. Mirae Asset Global Investments Co. Ltd. boosted its stake in H World Group by 4,554.2% in the first 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 in the last quarter. Mitsubishi UFJ Trust & Banking Corp boosted its stake in H World Group by 2,301.4% in the first 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 in the last quarter. Temasek Holdings Private Ltd boosted its stake in H World Group by 66.5% in the first quarter. Temasek Holdings Private Ltd now owns 6,856,300 shares of the company's stock worth $253,752,000 after purchasing an additional 2,738,772 shares in the last quarter. Nuveen Asset Management LLC boosted its stake in 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 worth $70,578,000 after purchasing an additional 1,842,244 shares in the last quarter. Finally, Keystone Investors PTE Ltd. boosted its stake in H World Group by 1,280.0% in the first 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 in the last quarter. 46.41% of the stock is currently owned by institutional investors.

H World Group Trading Up 1.8%

NASDAQ:HTHT traded up $0.69 during mid-day trading on Friday, hitting $38.78. The company had a trading volume of 1,601,286 shares, compared to its average volume of 1,956,960. H World Group Limited Sponsored ADR has a fifty-two week low of $29.11 and a fifty-two week high of $42.98. The business's fifty day moving average is $34.57 and its two-hundred day moving average is $35.04. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.81 and a current ratio of 0.81. The firm has a market cap of $11.90 billion, a P/E ratio of 23.36, a P/E/G ratio of 1.82 and a beta of 0.35.

H World Group Dividend Announcement

The business also recently announced a semi-annual dividend, which will be paid on Friday, September 26th. Shareholders of record on Tuesday, September 9th will be paid a $0.79 dividend. The ex-dividend date of this dividend is Tuesday, September 9th. This represents a yield of 435.0%. H World Group's dividend payout ratio is presently 95.18%.

Wall Street Analysts Forecast Growth

HTHT has been the topic of a number of recent analyst reports. Wall Street Zen raised H World Group from a "hold" rating to a "buy" rating in a research note on Friday, September 5th. Zacks Research raised H World Group from a "strong sell" rating to a "hold" rating in a research note on Thursday, August 28th. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target 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.