H World Group Limited Sponsored ADR $HTHT Holdings Decreased by Temasek Holdings Private Ltd

Temasek Holdings Private Ltd reduced its stake in shares of H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 46.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,622,902 shares of the company’s stock after selling 2,292,477 shares during the quarter. Temasek Holdings Private Ltd’s holdings in H World Group were worth $123,408,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of HTHT. Capital International Investors raised its stake in shares of H World Group by 71.8% during the fourth quarter. Capital International Investors now owns 8,334,604 shares of the company’s stock valued at $392,143,000 after purchasing an additional 3,483,760 shares in the last quarter. Kontiki Capital Management HK Ltd. bought a new stake in H World Group in the third quarter worth about $96,804,000. Capitolis Liquid Global Markets LLC bought a new stake in H World Group in the third quarter worth about $87,153,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in H World Group by 359.1% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,137,700 shares of the company’s stock worth $44,495,000 after acquiring an additional 889,869 shares in the last quarter. Finally, True Light Capital Pte. Ltd. bought a new stake in H World Group in the fourth quarter worth about $37,602,000. 46.41% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Weiss Ratings cut shares of H World Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, May 18th. Wall Street Zen cut shares of H World Group from a “buy” rating to a “hold” rating in a research report on Monday, June 8th. UBS Group upgraded shares of H World Group from a “neutral” rating to a “buy” rating and set a $62.40 price target on the stock in a research report on Monday, March 9th. Zacks Research cut shares of H World Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 4th. Finally, Benchmark boosted their price target on shares of H World Group from $52.00 to $60.00 and gave the stock a “buy” rating in a research report on Thursday, March 19th. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $61.20.

Insiders Place Their Bets

In related news, Director Theng Fong Hee sold 31,640 shares of H World Group stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $50.96, for a total value of $1,612,374.40. The sale was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 49.40% of the company’s stock.

H World Group Trading Up 0.4%

Shares of HTHT opened at $44.86 on Tuesday. The business’s 50-day moving average price is $48.49 and its 200 day moving average price is $49.49. The stock has a market capitalization of $13.80 billion, a P/E ratio of 20.12, a P/E/G ratio of 1.23 and a beta of 0.11. H World Group Limited Sponsored ADR has a 1-year low of $30.41 and a 1-year high of $56.63. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.49.

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

H World Group Dividend Announcement

The business also recently declared a dividend, which was paid on Wednesday, May 20th. Investors of record on Monday, May 4th were paid a $1.30 dividend. The ex-dividend date of this dividend was Monday, May 4th. This represents a yield of 542.0%. H World Group’s dividend payout ratio (DPR) is currently 114.80%.

H World Group 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.