Oasis Management Co Ltd. Buys 15,800 Shares of H World Group Limited (NASDAQ:HTHT)

Oasis Management Co Ltd. boosted its position in H World Group Limited (NASDAQ:HTHT - Free Report) by 8.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 209,879 shares of the company's stock after purchasing an additional 15,800 shares during the period. H World Group accounts for about 1.5% of Oasis Management Co Ltd.'s portfolio, making the stock its 12th biggest holding. Oasis Management Co Ltd. owned about 0.07% of H World Group worth $6,932,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of HTHT. Daiwa Securities Group Inc. acquired a new stake in shares of H World Group in the fourth quarter valued at about $33,000. US Bancorp DE increased its stake in shares of H World Group by 21.2% in the fourth quarter. US Bancorp DE now owns 4,839 shares of the company's stock valued at $160,000 after buying an additional 845 shares during the period. Blue Trust Inc. increased its stake in shares of H World Group by 13.5% in the fourth quarter. Blue Trust Inc. now owns 5,467 shares of the company's stock valued at $181,000 after buying an additional 650 shares during the period. iA Global Asset Management Inc. acquired a new stake in shares of H World Group in the fourth quarter valued at about $196,000. Finally, Mariner LLC grew its stake in 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 purchasing an additional 2,050 shares during the period. Institutional investors and hedge funds own 46.41% of the company's stock.

Analyst Upgrades and Downgrades

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

H World Group Stock Up 0.7%

NASDAQ:HTHT traded up $0.27 on Friday, hitting $37.58. The stock had a trading volume of 1,456,768 shares, compared to its average volume of 2,023,448. The business's fifty day moving average is $35.64 and its 200 day moving average is $34.65. The company has a market cap of $11.53 billion, a PE ratio of 22.78, 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 Limited has a 52 week low of $27.03 and a 52 week high of $42.98.

H World Group Increases Dividend

The company also recently declared a -- dividend, which was paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 9th were issued a $0.95 dividend. The ex-dividend date was Wednesday, April 9th. This represents a yield of 4.1%. This is a positive change from H World Group's previous -- dividend of $0.34. H World Group's dividend payout ratio is presently 141.79%.

H World Group Company 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.