UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $49.43 Million Stock Position in H World Group Limited (NASDAQ:HTHT)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of H World Group Limited (NASDAQ:HTHT - Free Report) by 6.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,496,643 shares of the company's stock after purchasing an additional 95,737 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.48% of H World Group worth $49,434,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Waverton Investment Management Ltd acquired a new position in shares of H World Group in the 4th quarter worth approximately $6,076,000. Northern Trust Corp grew its holdings in H World Group by 155.5% during the 4th quarter. Northern Trust Corp now owns 1,107,353 shares of the company's stock worth $36,576,000 after acquiring an additional 674,000 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in H World Group by 109.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 251,056 shares of the company's stock worth $8,292,000 after acquiring an additional 131,189 shares during the last quarter. Resona Asset Management Co. Ltd. bought a new stake in H World Group during the 4th quarter worth about $1,618,000. Finally, Blue Trust Inc. grew its holdings in H World Group by 13.5% during the 4th quarter. Blue Trust Inc. now owns 5,467 shares of the company's stock worth $181,000 after acquiring an additional 650 shares during the last quarter. 46.41% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have commented on HTHT. HSBC lowered shares of H World Group from a "buy" rating to a "hold" rating and set a $32.40 price objective on the stock. in a report on Wednesday, February 5th. JPMorgan Chase & Co. reduced their target price 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, May 21st. Morgan Stanley reaffirmed an "overweight" rating on shares of H World Group in a research note on Monday, March 31st. Finally, Hsbc Global Res lowered shares of H World Group from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 4th. 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 presently has an average rating of "Moderate Buy" and a consensus price target of $40.80.

H World Group Trading Down 2.7%

H World Group stock traded down $0.98 during midday trading on Friday, hitting $34.97. 627,496 shares of the stock were exchanged, compared to its average volume of 2,021,284. The company has a fifty day simple moving average of $35.38 and a two-hundred day simple moving average of $34.60. H World Group Limited has a 52 week low of $27.03 and a 52 week high of $42.98. The stock has a market capitalization of $10.73 billion, a PE ratio of 21.20, a P/E/G ratio of 1.28 and a beta of 0.45. The company has a quick ratio of 0.87, a current ratio of 0.88 and a debt-to-equity ratio of 0.60.

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. This is a positive change from H World Group's previous -- dividend of $0.34. The ex-dividend date of this dividend was Wednesday, April 9th. This represents a yield of 4.1%. H World Group's dividend payout ratio (DPR) is presently 131.94%.

About H World Group

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.