Oasis Management Co Ltd. Increases Position in H World Group Limited (NASDAQ:HTHT)

Oasis Management Co Ltd. grew its holdings in shares of H World Group Limited (NASDAQ:HTHT - Free Report) by 8.1% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 209,879 shares of the company's stock after buying an additional 15,800 shares during the quarter. H World Group accounts for about 1.5% of Oasis Management Co Ltd.'s investment portfolio, making the stock its 12th biggest position. Oasis Management Co Ltd. owned 0.07% of H World Group worth $6,932,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Daiwa Securities Group Inc. purchased a new stake in shares of H World Group in the 4th quarter worth $33,000. US Bancorp DE boosted its position in H World Group by 21.2% during the fourth quarter. US Bancorp DE now owns 4,839 shares of the company's stock valued at $160,000 after purchasing an additional 845 shares in the last quarter. Blue Trust Inc. grew its stake 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 buying an additional 650 shares during the last quarter. iA Global Asset Management Inc. acquired a new stake in shares of H World Group during the fourth quarter worth $196,000. Finally, Mariner LLC increased its holdings in H World Group by 33.8% in the 4th quarter. Mariner LLC now owns 8,120 shares of the company's stock worth $268,000 after buying an additional 2,050 shares during the period. 46.41% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

H World Group Stock Performance

NASDAQ HTHT opened at $37.95 on Tuesday. The stock has a market capitalization of $11.65 billion, a price-to-earnings ratio of 23.00, a PEG ratio of 1.28 and a beta of 0.45. H World Group Limited has a 12-month low of $27.03 and a 12-month high of $42.98. The business's 50 day moving average is $35.59 and its two-hundred day moving average is $34.64. The company has a current ratio of 0.88, a quick ratio of 0.87 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 $0.95 dividend. This is an increase from H World Group's previous -- dividend of $0.34. This represents a yield of 4.1%. The ex-dividend date of this dividend was Wednesday, April 9th. H World Group's dividend payout ratio (DPR) is presently 141.79%.

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.

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