Nuveen Asset Management LLC Has $70.58 Million Holdings in H World Group Limited (NASDAQ:HTHT)

Nuveen Asset Management LLC increased its stake in shares of H World Group Limited (NASDAQ:HTHT) by 625.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,136,770 shares of the company’s stock after purchasing an additional 1,842,244 shares during the period. Nuveen Asset Management LLC’s holdings in H World Group were worth $70,578,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Capital International Investors grew its stake in shares of H World Group by 18.4% during the fourth quarter. Capital International Investors now owns 9,334,577 shares of the company’s stock worth $308,321,000 after purchasing an additional 1,452,364 shares during the period. Capital Research Global Investors acquired a new stake in shares of H World Group during the fourth quarter worth $307,715,000. Geode Capital Management LLC grew its stake in shares of H World Group by 2.5% during the fourth quarter. Geode Capital Management LLC now owns 1,318,279 shares of the company’s stock worth $43,276,000 after purchasing an additional 32,409 shares during the period. Hsbc Holdings PLC grew its stake in shares of H World Group by 33.4% during the fourth quarter. Hsbc Holdings PLC now owns 1,206,976 shares of the company’s stock worth $39,866,000 after purchasing an additional 302,514 shares during the period. Finally, Arrowstreet Capital Limited Partnership grew its stake in shares of H World Group by 1,325.5% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,153,267 shares of the company’s stock worth $38,092,000 after purchasing an additional 1,072,366 shares during the period. 46.41% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

HTHT has been the subject of a number of analyst reports. Morgan Stanley reaffirmed an “overweight” rating on shares of H World Group in a research note on Monday, March 31st. 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. Finally, Hsbc Global Res cut 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 three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $42.80.

H World Group Stock Up 0.7%

NASDAQ:HTHT opened at $37.58 on Friday. H World Group Limited has a 1 year low of $27.03 and a 1 year high of $42.98. The company has a current ratio of 0.88, a quick ratio of 0.87 and a debt-to-equity ratio of 0.60. The stock has a market cap of $11.53 billion, a price-to-earnings ratio of 22.78, a PEG ratio of 1.28 and a beta of 0.45. The stock has a 50-day moving average price of $35.64 and a two-hundred day moving average price of $34.65.

H World Group Increases Dividend

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