Capital International Investors Buys 1,452,364 Shares of H World Group Limited (NASDAQ:HTHT)

Capital International Investors increased its stake in shares of H World Group Limited (NASDAQ:HTHT - Free Report) by 18.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,334,577 shares of the company's stock after buying an additional 1,452,364 shares during the period. Capital International Investors owned 2.98% of H World Group worth $308,321,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in HTHT. CANADA LIFE ASSURANCE Co raised its position in shares of H World Group by 1.8% during the 4th quarter. CANADA LIFE ASSURANCE Co now owns 259,597 shares of the company's stock valued at $8,570,000 after acquiring an additional 4,609 shares during the last quarter. Canada Pension Plan Investment Board lifted its stake in H World Group by 91.9% in the fourth quarter. Canada Pension Plan Investment Board now owns 767,500 shares of the company's stock valued at $25,351,000 after buying an additional 367,500 shares in the last quarter. XTX Topco Ltd acquired a new position in H World Group in the 4th quarter worth $1,003,000. Mariner LLC grew its holdings in shares of H World Group by 33.8% during the fourth quarter. Mariner LLC now owns 8,120 shares of the company's stock worth $268,000 after buying an additional 2,050 shares in the last quarter. Finally, Dymon Asia Capital Singapore PTE. LTD. bought a new stake in H World Group in the 4th quarter valued at approximately $2,547,000. Institutional investors own 46.41% of the company's stock.

H World Group Stock Performance

HTHT stock traded down $0.77 during trading hours on Thursday, reaching $34.66. The stock had a trading volume of 656,711 shares, compared to its average volume of 1,999,747. The stock has a market capitalization of $10.86 billion, a PE ratio of 20.97, a price-to-earnings-growth ratio of 1.28 and a beta of 0.60. The stock has a 50-day simple moving average of $35.86 and a 200 day simple moving average of $35.01. H World Group Limited has a fifty-two week low of $27.03 and a fifty-two week high of $42.98. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.88 and a quick ratio of 0.87.

H World Group Increases Dividend

The firm also recently declared a -- dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 9th will be given a dividend of $0.95 per share. This represents a yield of 4.1%. The ex-dividend date is Wednesday, April 9th. This is an increase from H World Group's previous -- dividend of $0.34. H World Group's payout ratio is 141.79%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on HTHT shares. Hsbc Global Res cut shares of H World Group from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 4th. Morgan Stanley reiterated an "overweight" rating on shares of H World Group in a research note on Monday, March 31st. Finally, HSBC downgraded shares of H World Group from a "buy" rating to a "hold" rating and set a $32.40 price objective for the company. in a research note on Wednesday, February 5th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $43.85.

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.