Eurizon Capital SGR S.p.A. Takes $1.93 Million Position in H World Group Limited Sponsored ADR $HTHT

Eurizon Capital SGR S.p.A. acquired a new stake in H World Group Limited Sponsored ADR (NASDAQ:HTHT) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 41,002 shares of the company’s stock, valued at approximately $1,929,000.

A number of other hedge funds have also made changes to their positions in HTHT. AQR Capital Management LLC increased its holdings in shares of H World Group by 11.2% in the 1st quarter. AQR Capital Management LLC now owns 9,319 shares of the company’s stock valued at $338,000 after acquiring an additional 936 shares during the last quarter. Norges Bank purchased a new position in shares of H World Group in the 2nd quarter valued at about $888,000. EverSource Wealth Advisors LLC increased its holdings in shares of H World Group by 81.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,450 shares of the company’s stock valued at $49,000 after acquiring an additional 649 shares during the last quarter. First Trust Advisors LP purchased a new position in shares of H World Group in the 2nd quarter valued at about $2,881,000. Finally, Jump Financial LLC purchased a new position in shares of H World Group in the 2nd quarter valued at about $651,000. Hedge funds and other institutional investors own 46.41% of the company’s stock.

H World Group Stock Down 0.1%

H World Group stock opened at $44.33 on Wednesday. H World Group Limited Sponsored ADR has a twelve month low of $30.41 and a twelve month high of $56.63. The stock has a 50 day moving average of $49.60 and a two-hundred day moving average of $49.51. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.49. The stock has a market capitalization of $13.63 billion, a price-to-earnings ratio of 19.88, a PEG ratio of 1.23 and a beta of 0.11.

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

H World Group Announces Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, May 20th. Shareholders of record on Monday, May 4th were given a dividend of $1.30 per share. 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 (DPR) is presently 114.80%.

Analysts Set New Price Targets

A number of research analysts have recently commented on HTHT shares. UBS Group upgraded 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. Wall Street Zen upgraded H World Group from a “hold” rating to a “buy” rating in a research note on Sunday. Weiss Ratings downgraded H World Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, May 18th. Zacks Research upgraded H World Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, March 19th. Finally, Benchmark raised their price target on H World Group from $52.00 to $60.00 and gave the stock a “buy” rating in a research note on Thursday, March 19th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $61.20.

Insider Activity at H World Group

In other news, Director Theng Fong Hee sold 31,640 shares of the firm’s stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $50.96, for a total value of $1,612,374.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 49.40% of the stock is owned by corporate insiders.

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.