GSA Capital Partners LLP Acquires Shares of 24,666 H World Group Limited Sponsored ADR $HTHT

GSA Capital Partners LLP acquired a new stake in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 24,666 shares of the company’s stock, valued at approximately $1,161,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Schroder Investment Management Group boosted its position in shares of H World Group by 5.5% during the 3rd quarter. Schroder Investment Management Group now owns 13,177,593 shares of the company’s stock valued at $515,376,000 after acquiring an additional 690,149 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp boosted its position in shares of H World Group by 43.2% during the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 8,026,731 shares of the company’s stock valued at $313,925,000 after acquiring an additional 2,420,473 shares during the last quarter. Capital International Investors boosted its position in shares of H World Group by 65.2% during the 3rd quarter. Capital International Investors now owns 4,850,844 shares of the company’s stock valued at $189,717,000 after acquiring an additional 1,913,672 shares during the last quarter. Kontiki Capital Management HK Ltd. bought a new position in shares of H World Group during the 3rd quarter valued at approximately $96,804,000. Finally, Capitolis Liquid Global Markets LLC bought a new position in shares of H World Group during the 3rd quarter valued at approximately $87,153,000. 46.41% of the stock is currently owned by institutional investors.

H World Group Stock Down 0.5%

Shares of HTHT opened at $46.35 on Friday. The company has a market cap of $14.25 billion, a PE ratio of 20.78, a P/E/G ratio of 1.29 and a beta of 0.15. The business has a fifty day moving average of $50.53 and a 200 day moving average of $49.37. H World Group Limited Sponsored ADR has a 52-week low of $30.41 and a 52-week high of $56.63. The company has a quick ratio of 0.91, a current ratio of 0.93 and a debt-to-equity ratio of 0.49.

H World Group (NASDAQ:HTHT) last issued its quarterly earnings results on Saturday, February 14th. The company reported $0.06 earnings per share (EPS) for the quarter. The company had revenue of $932.62 million during the quarter. H World Group had a return on equity of 39.73% and a net margin of 19.22%. On average, sell-side analysts expect that H World Group Limited Sponsored ADR will post 2.47 EPS for the current year.

H World Group Dividend Announcement

The firm also recently announced a dividend, which was paid on Wednesday, May 20th. Shareholders of record on Monday, May 4th were paid a $1.30 dividend. The ex-dividend date was Monday, May 4th. This represents a yield of 542.0%. H World Group’s dividend payout ratio (DPR) is presently 114.80%.

Insiders Place Their Bets

In other H World Group news, Director Theng Fong Hee sold 31,640 shares of the stock in a transaction on Friday, March 20th. The stock was sold at an average price of $50.96, for a total value of $1,612,374.40. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 49.40% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research firms have recently commented on HTHT. Zacks Research upgraded H World Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 19th. Wall Street Zen upgraded H World Group from a “hold” rating to a “buy” rating in a research report on Monday, March 23rd. Weiss Ratings downgraded H World Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday. Benchmark increased their target price on H World Group from $52.00 to $60.00 and gave the company a “buy” rating in a research report on Thursday, March 19th. Finally, UBS Group upgraded H World Group from a “neutral” rating to a “buy” rating and set a $62.40 target price for the company in a research report on Monday, March 9th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $61.20.

H World Group Company Profile

H World Group, formerly known as Huazhu Group, is a leading hotel management and franchising company primarily serving the China market. The company operates a broad portfolio of midscale to luxury hotel brands, including Hi Inn, Blossom, Manxin, Madison International, Joya, Grand Mercure, Novotel, Mercure and ibis. Through a network of both directly managed and franchised properties, H World Group caters to business and leisure travelers by offering consistent service standards and loyalty benefits across its brands.

In addition to its core hotel operations, H World Group provides technology-driven hospitality solutions such as centralized reservation systems, revenue management platforms and customer relationship management tools.