Walleye Capital LLC Makes New $261,000 Investment in H World Group Limited Sponsored ADR $HTHT

Key Points

• Walleye Capital LLC has made a new investment of $261,000 in H World Group Limited Sponsored ADR, acquiring 7,040 shares in the first quarter.
• H World Group recently declared a semi-annual dividend of $0.79 per share, with a yield of 480.0%, and a dividend payout ratio of 114.46%.
• The company has received mixed ratings from analysts, with a consensus rating of "Moderate Buy" and an average price target of $40.80.

Walleye Capital LLC bought a new position in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 7,040 shares of the company's stock, valued at approximately $261,000.

Several other institutional investors have also recently made changes to their positions in the stock. APG Asset Management N.V. lifted its position in shares of H World Group by 24.5% during the first quarter. APG Asset Management N.V. now owns 35,593 shares of the company's stock worth $1,219,000 after acquiring an additional 7,000 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its position in shares of H World Group by 1.5% during the first quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 80,900 shares of the company's stock worth $2,994,000 after acquiring an additional 1,200 shares in the last quarter. Carmignac Gestion lifted its position in shares of H World Group by 22.3% during the first quarter. Carmignac Gestion now owns 570,818 shares of the company's stock worth $21,124,000 after acquiring an additional 104,097 shares in the last quarter. Triata Capital Ltd lifted its position in shares of H World Group by 38.6% during the first quarter. Triata Capital Ltd now owns 290,035 shares of the company's stock worth $10,734,000 after acquiring an additional 80,822 shares in the last quarter. Finally, Northern Trust Corp lifted its position in shares of H World Group by 14.2% during the first quarter. Northern Trust Corp now owns 1,264,397 shares of the company's stock worth $46,795,000 after acquiring an additional 157,044 shares in the last quarter. Hedge funds and other institutional investors own 46.41% of the company's stock.

H World Group Trading Down 0.4%

Shares of HTHT stock opened at $36.64 on Thursday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.81 and a current ratio of 0.81. H World Group Limited Sponsored ADR has a 52-week low of $28.27 and a 52-week high of $42.98. The company has a market capitalization of $11.25 billion, a PE ratio of 22.07, a price-to-earnings-growth ratio of 1.76 and a beta of 0.35. The business's fifty day moving average is $33.66 and its 200 day moving average is $34.95.

H World Group Dividend Announcement

The company also recently declared a semi-annual dividend, which will be paid on Friday, September 26th. Shareholders of record on Tuesday, September 9th will be given a dividend of $0.79 per share. The ex-dividend date is Tuesday, September 9th. This represents a yield of 480.0%. H World Group's dividend payout ratio (DPR) is presently 114.46%.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on HTHT shares. JPMorgan Chase & Co. lowered their price objective on H World Group from $43.00 to $42.00 and set an "overweight" rating on the stock in a research report on Wednesday, May 21st. Zacks Research upgraded H World Group from a "strong sell" rating to a "hold" rating in a research report on Thursday, August 28th. Three analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, H World Group presently has a consensus rating of "Moderate Buy" and an average price target of $40.80.

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.

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