H World Group Limited Sponsored ADR $HTHT Shares Bought by BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp

BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its stake in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 1.5% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 80,900 shares of the company’s stock after purchasing an additional 1,200 shares during the quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp’s holdings in H World Group were worth $2,994,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of HTHT. Envestnet Asset Management Inc. increased its position in shares of H World Group by 41.6% during the fourth quarter. Envestnet Asset Management Inc. now owns 9,446 shares of the company’s stock worth $312,000 after acquiring an additional 2,774 shares during the last quarter. Mariner LLC increased its position 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 acquiring an additional 2,050 shares during the last quarter. Tower Research Capital LLC TRC increased its position in shares of H World Group by 38.8% during the fourth quarter. Tower Research Capital LLC TRC now owns 10,254 shares of the company’s stock worth $339,000 after acquiring an additional 2,866 shares during the last quarter. Voya Investment Management LLC increased its position in shares of H World Group by 24.2% during the fourth quarter. Voya Investment Management LLC now owns 14,061 shares of the company’s stock worth $464,000 after acquiring an additional 2,737 shares during the last quarter. Finally, Northern Trust Corp increased its position in shares of H World Group by 155.5% during the fourth quarter. Northern Trust Corp now owns 1,107,353 shares of the company’s stock worth $36,576,000 after acquiring an additional 674,000 shares during the last quarter. Institutional investors and hedge funds own 46.41% of the company’s stock.

H World Group Stock Down 1.6%

Shares of H World Group stock opened at $35.65 on Tuesday. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.32. The firm has a market cap of $10.94 billion, a P/E ratio of 21.48, a P/E/G ratio of 1.73 and a beta of 0.47. H World Group Limited Sponsored ADR has a fifty-two week low of $28.27 and a fifty-two week high of $42.98. The business has a 50-day moving average price of $33.27 and a 200 day moving average price of $34.84.

H World Group Announces Dividend

The business also recently announced a semi-annual dividend, which will be paid on Friday, September 26th. Shareholders of record on Tuesday, September 9th will be paid a $0.79 dividend. This represents a yield of 480.0%. The ex-dividend date is Tuesday, September 9th. H World Group’s payout ratio is presently 114.46%.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. lowered their price objective on H World Group from $43.00 to $42.00 and set an “overweight” rating for the company in a report on Wednesday, May 21st. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $40.80.

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.