Southeastern Asset Management Inc. TN Lowers Stock Holdings in H World Group Limited (NASDAQ:HTHT)

Southeastern Asset Management Inc. TN reduced its holdings in shares of H World Group Limited (NASDAQ:HTHT - Free Report) by 12.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 931,921 shares of the company's stock after selling 128,606 shares during the period. H World Group makes up 1.5% of Southeastern Asset Management Inc. TN's holdings, making the stock its 28th largest position. Southeastern Asset Management Inc. TN owned approximately 0.30% of H World Group worth $30,781,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of HTHT. Capital Research Global Investors acquired a new position in shares of H World Group in the fourth quarter valued at about $307,715,000. Nuveen Asset Management LLC grew its holdings in H World Group by 625.5% during the fourth quarter. Nuveen Asset Management LLC now owns 2,136,770 shares of the company's stock worth $70,578,000 after acquiring an additional 1,842,244 shares during the period. Capital International Investors grew its holdings in H World Group by 18.4% during the fourth quarter. Capital International Investors now owns 9,334,577 shares of the company's stock worth $308,321,000 after acquiring an additional 1,452,364 shares during the period. Arrowstreet Capital Limited Partnership grew its holdings in H World Group by 1,325.5% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,153,267 shares of the company's stock worth $38,092,000 after acquiring an additional 1,072,366 shares during the period. Finally, Norges Bank acquired a new stake in H World Group during the fourth quarter worth about $29,005,000. 46.41% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms recently commented on HTHT. Morgan Stanley reaffirmed an "overweight" rating on shares of H World Group in a report on Monday, March 31st. Hsbc Global Res lowered H World Group from a "strong-buy" rating to a "hold" rating in a report on Tuesday, February 4th. Finally, HSBC lowered H World Group from a "buy" rating to a "hold" rating and set a $32.40 target price on the stock. in a report on Wednesday, February 5th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, H World Group currently has an average rating of "Moderate Buy" and a consensus target price of $42.80.

H World Group Price Performance

HTHT stock traded down $0.47 during mid-day trading on Monday, reaching $37.11. 2,238,501 shares of the company's stock were exchanged, compared to its average volume of 2,024,318. The company has a market cap of $11.39 billion, a price-to-earnings ratio of 22.49, a price-to-earnings-growth ratio of 1.28 and a beta of 0.45. The stock's 50 day moving average is $35.65 and its 200 day moving average is $34.63. 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 Limited has a 12-month low of $27.03 and a 12-month high of $42.98.

H World Group Increases Dividend

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

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.