Fideuram Asset Management Ireland dac Invests $3.19 Million in H World Group Limited Sponsored ADR $HTHT

Fideuram Asset Management Ireland dac bought a new position in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 67,755 shares of the company’s stock, valued at approximately $3,188,000.

A number of other large investors also recently modified their holdings of the stock. iA Global Asset Management Inc. lifted its position in shares of H World Group by 20.1% during the fourth quarter. iA Global Asset Management Inc. now owns 1,653 shares of the company’s stock worth $78,000 after purchasing an additional 277 shares in the last quarter. Rhumbline Advisers lifted its position in shares of H World Group by 1.3% during the third quarter. Rhumbline Advisers now owns 27,305 shares of the company’s stock worth $1,068,000 after purchasing an additional 352 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position 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 purchasing an additional 649 shares in the last quarter. AQR Capital Management LLC lifted its position in shares of H World Group by 11.2% during the first quarter. AQR Capital Management LLC now owns 9,319 shares of the company’s stock worth $338,000 after purchasing an additional 936 shares in the last quarter. Finally, TD Private Client Wealth LLC acquired a new position in shares of H World Group during the fourth quarter worth approximately $45,000. 46.41% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other H World Group news, Director Theng Fong Hee sold 31,640 shares of the company’s stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $50.96, for a total value of $1,612,374.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 49.40% of the company’s stock.

H World Group Trading Down 0.5%

Shares of NASDAQ HTHT opened at $44.70 on Friday. The company’s 50 day simple moving average is $49.83 and its 200 day simple moving average is $49.51. H World Group Limited Sponsored ADR has a fifty-two week low of $30.41 and a fifty-two week high of $56.63. The firm has a market capitalization of $13.75 billion, a P/E ratio of 20.04, a P/E/G ratio of 1.24 and a beta of 0.15. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.93 and a quick ratio of 0.93.

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

H World Group Announces Dividend

The company 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. This represents a 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%.

Analyst Ratings Changes

HTHT has been the topic of a number of research reports. Zacks Research upgraded shares of H World Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 19th. Weiss Ratings lowered shares of H World Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, May 18th. Wall Street Zen lowered shares of H World Group from a “buy” rating to a “hold” rating in a report on Saturday, May 23rd. Benchmark increased their price objective on shares of H World Group from $52.00 to $60.00 and gave the company a “buy” rating in a report on Thursday, March 19th. Finally, UBS Group upgraded shares of H World Group from a “neutral” rating to a “buy” rating and set a $62.40 price objective on the stock in a report on Monday, March 9th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, H World Group presently has a consensus rating of “Buy” and an average 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.