Capital Research Global Investors Makes New Investment in H World Group Limited (NASDAQ:HTHT)

Capital Research Global Investors purchased a new position in H World Group Limited (NASDAQ:HTHT) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 9,316,220 shares of the company’s stock, valued at approximately $307,715,000.

A number of other large investors have also modified their holdings of HTHT. Capital International Investors grew its stake in H World Group by 18.4% during the 4th 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 in the last quarter. CANADA LIFE ASSURANCE Co grew its position in shares of H World Group by 1.8% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 259,597 shares of the company’s stock worth $8,570,000 after buying an additional 4,609 shares in the last quarter. Canada Pension Plan Investment Board increased its stake in shares of H World Group by 91.9% during the fourth quarter. Canada Pension Plan Investment Board now owns 767,500 shares of the company’s stock worth $25,351,000 after buying an additional 367,500 shares during the period. XTX Topco Ltd acquired a new stake in H World Group in the fourth quarter valued at approximately $1,003,000. Finally, Mariner LLC lifted its stake in H World Group by 33.8% in 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. Hedge funds and other institutional investors own 46.41% of the company’s stock.

Analyst Ratings Changes

HTHT has been the topic of a number of recent analyst reports. Morgan Stanley reissued an “overweight” rating on shares of H World Group in a research report on Monday, March 31st. Hsbc Global Res cut H World Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 4th. Finally, 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. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, H World Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $43.85.

H World Group Price Performance

Shares of HTHT opened at $34.48 on Friday. The firm has a fifty day moving average price of $35.86 and a 200 day moving average price of $35.09. The stock has a market cap of $10.80 billion, a PE ratio of 20.90, a price-to-earnings-growth ratio of 1.28 and a beta of 0.60. H World Group Limited has a 1-year low of $27.03 and a 1-year high of $42.98. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.88 and a quick ratio of 0.87.

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. The ex-dividend date is Wednesday, April 9th. This is a boost from H World Group’s previous — dividend of $0.34. This represents a dividend yield of 4.1%. H World Group’s dividend payout ratio is 141.79%.

H World Group 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.