WFM ASIA BVI Ltd Cuts Stake in H World Group Limited (NASDAQ:HTHT)

WFM ASIA BVI Ltd cut its holdings in H World Group Limited (NASDAQ:HTHT) by 28.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,683,316 shares of the company’s stock after selling 1,473,800 shares during the period. H World Group makes up 13.2% of WFM ASIA BVI Ltd’s investment portfolio, making the stock its 4th biggest holding. WFM ASIA BVI Ltd owned 1.18% of H World Group worth $121,660,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. Daiwa Securities Group Inc. bought a new position in shares of H World Group in the fourth quarter valued at approximately $33,000. US Bancorp DE raised its holdings in H World Group by 21.2% in the 4th quarter. US Bancorp DE now owns 4,839 shares of the company’s stock worth $160,000 after acquiring an additional 845 shares during the period. Blue Trust Inc. lifted its position in H World Group by 13.5% during the 4th quarter. Blue Trust Inc. now owns 5,467 shares of the company’s stock worth $181,000 after acquiring an additional 650 shares during the last quarter. iA Global Asset Management Inc. bought a new stake in H World Group during the fourth quarter valued at about $196,000. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its position in shares of H World Group by 11.9% in 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 purchasing an additional 936 shares during the last quarter. 46.41% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms recently weighed in on HTHT. HSBC cut H World Group from a “buy” rating to a “hold” rating and set a $32.40 price objective for the company. in a research report on Wednesday, February 5th. Hsbc Global Res cut H World Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 4th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, H World Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $44.68.

H World Group Trading Down 10.0 %

H World Group stock opened at $33.43 on Friday. H World Group Limited has a 12 month low of $27.03 and a 12 month high of $42.98. The stock has a market cap of $10.47 billion, a price-to-earnings ratio of 20.26, a price-to-earnings-growth ratio of 1.28 and a beta of 0.60. The business has a 50 day moving average price of $35.70 and a two-hundred day moving average price of $35.14. The company has a quick ratio of 0.87, a current ratio of 0.88 and a debt-to-equity ratio of 0.60.

H World Group Increases Dividend

The company also recently announced a — dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 9th will be given a $0.95 dividend. This is a boost from H World Group’s previous — dividend of $0.34. This represents a yield of 4.1%. The ex-dividend date is Wednesday, April 9th. H World Group’s dividend payout ratio (DPR) 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.