Schroder Investment Management Group Cuts Holdings in H World Group Limited (NASDAQ:HTHT)

Schroder Investment Management Group lowered its stake in shares of H World Group Limited (NASDAQ:HTHT) by 1.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 6,412,185 shares of the company’s stock after selling 114,861 shares during the quarter. Schroder Investment Management Group owned 2.05% of H World Group worth $210,736,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in HTHT. Daiwa Securities Group Inc. bought a new position in H World Group in the fourth quarter valued at $33,000. US Bancorp DE raised its holdings in shares of H World Group by 21.2% during the 4th quarter. US Bancorp DE now owns 4,839 shares of the company’s stock valued at $160,000 after buying an additional 845 shares in the last quarter. Blue Trust Inc. lifted its position in H World Group by 13.5% in 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. purchased a new stake in H World Group in the fourth quarter worth approximately $196,000. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its position in H World Group by 11.9% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 8,778 shares of the company’s stock valued at $290,000 after acquiring an additional 936 shares during the last quarter. 46.41% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on HTHT shares. HSBC lowered 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 report on Wednesday, February 5th. Hsbc Global Res downgraded shares of H World Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 4th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $44.68.

H World Group Trading Down 3.4 %

HTHT opened at $36.77 on Friday. H World Group Limited has a one year low of $27.03 and a one year 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. The business has a 50 day simple moving average of $35.27 and a two-hundred day simple moving average of $34.92. The firm has a market capitalization of $11.52 billion, a price-to-earnings ratio of 22.28, a PEG ratio of 1.28 and a beta of 0.70.

H World Group Increases Dividend

The business also recently announced a — dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 9th will be paid a dividend of $0.95 per share. This is a positive change from H World Group’s previous — dividend of $0.34. The ex-dividend date of this dividend is Wednesday, April 9th. This represents a dividend yield of 4.1%. H World Group’s payout ratio 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.