224,550 Shares in H World Group Limited Sponsored ADR $HTHT Acquired by Keystone Investors PTE Ltd.

Keystone Investors PTE Ltd. bought a new position in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) during the fourth quarter, Holdings Channel.com reports. The fund bought 224,550 shares of the company’s stock, valued at approximately $10,565,000. H World Group makes up 0.9% of Keystone Investors PTE Ltd.’s holdings, making the stock its 23rd biggest holding.

A number of other large investors have also recently made changes to their positions in HTHT. TD Private Client Wealth LLC purchased a new stake in shares of H World Group during the fourth quarter worth approximately $45,000. EverSource Wealth Advisors LLC increased its stake in shares of H World Group by 81.0% during the second quarter. EverSource Wealth Advisors LLC now owns 1,450 shares of the company’s stock worth $49,000 after buying an additional 649 shares during the period. Caitong International Asset Management Co. Ltd purchased a new stake in shares of H World Group during the third quarter worth approximately $66,000. Osaic Holdings Inc. boosted its holdings in H World Group by 889.5% in the second quarter. Osaic Holdings Inc. now owns 2,266 shares of the company’s stock valued at $77,000 after purchasing an additional 2,037 shares in the last quarter. Finally, iA Global Asset Management Inc. boosted its holdings in H World Group by 20.1% in the fourth quarter. iA Global Asset Management Inc. now owns 1,653 shares of the company’s stock valued at $78,000 after purchasing an additional 277 shares in the last quarter. 46.41% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages recently issued reports on HTHT. UBS Group raised H World Group from a “neutral” rating to a “buy” rating and set a $62.40 price target for the company in a report on Monday, March 9th. Weiss Ratings downgraded H World Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, May 18th. Wall Street Zen downgraded H World Group from a “buy” rating to a “hold” rating in a report on Monday, June 8th. Benchmark upped their price target on H World Group from $52.00 to $60.00 and gave the company a “buy” rating in a report on Thursday, March 19th. Finally, Zacks Research downgraded H World Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 4th. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, H World Group currently has an average rating of “Moderate Buy” and an average price target of $61.20.

Insider Buying and Selling at H World Group

In other news, Director Theng Fong Hee sold 31,640 shares of the stock in a transaction that occurred 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 filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 49.40% of the company’s stock.

H World Group Stock Performance

Shares of HTHT opened at $44.66 on Friday. The stock has a 50 day moving average price of $48.63 and a 200 day moving average price of $49.47. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.49. The company has a market capitalization of $13.73 billion, a price-to-earnings ratio of 20.03, a price-to-earnings-growth ratio of 1.24 and a beta of 0.11. H World Group Limited Sponsored ADR has a 52-week low of $30.41 and a 52-week high of $56.63.

H World Group (NASDAQ:HTHT) last posted its quarterly earnings data on Saturday, February 14th. The company reported $0.06 earnings per share for the quarter. The business 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%. Research analysts predict that H World Group Limited Sponsored ADR will post 2.47 EPS for the current fiscal year.

H World Group Announces Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, May 20th. Stockholders of record on Monday, May 4th were issued a $1.30 dividend. This represents a dividend yield of 542.0%. The ex-dividend date of this dividend was Monday, May 4th. H World Group’s dividend payout ratio is presently 114.80%.

About H World Group

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.