Schroder Investment Management Group Sells 114,861 Shares of H World Group Limited (NASDAQ:HTHT)

Schroder Investment Management Group trimmed its holdings in H World Group Limited (NASDAQ:HTHT) by 1.8% in the 4th quarter, Holdings Channel reports. The fund owned 6,412,185 shares of the company’s stock after selling 114,861 shares during the quarter. Schroder Investment Management Group’s holdings in H World Group were worth $210,736,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of HTHT. Temasek Holdings Private Ltd purchased a new position in shares of H World Group during the third quarter valued at approximately $81,840,000. Geode Capital Management LLC raised its stake in H World Group by 0.9% during the third quarter. Geode Capital Management LLC now owns 1,285,870 shares of the company’s stock valued at $47,455,000 after buying an additional 11,684 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in H World Group by 1,325.5% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,153,267 shares of the company’s stock worth $38,092,000 after acquiring an additional 1,072,366 shares in the last quarter. Norges Bank purchased a new position in shares of H World Group in the 4th quarter worth about $29,005,000. Finally, TT International Asset Management LTD bought a new position in H World Group in the 3rd quarter worth about $24,915,000. Institutional investors own 46.41% of the company’s stock.

Analyst Ratings Changes

HTHT has been the subject of a number of analyst reports. Hsbc Global Res lowered shares of H World Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 4th. HSBC downgraded shares of H World Group from a “buy” rating to a “hold” rating and set a $32.40 price target for the company. in a research report on Wednesday, February 5th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, H World Group has an average rating of “Moderate Buy” and a consensus target price of $44.68.

H World Group Stock Performance

Shares of HTHT stock opened at $36.77 on Friday. The company has a quick ratio of 0.87, a current ratio of 0.88 and a debt-to-equity ratio of 0.60. The company has a 50 day moving average price of $35.27 and a 200-day moving average price of $34.92. H World Group Limited has a 52 week low of $27.03 and a 52 week high of $42.98. The firm has a market capitalization of $11.52 billion, a PE ratio of 22.28, a P/E/G ratio of 1.28 and a beta of 0.70.

H World Group Increases Dividend

The business also recently announced a — dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 9th will be paid a dividend of $0.95 per share. The ex-dividend date of this dividend is Wednesday, April 9th. This is a positive change from H World Group’s previous — dividend of $0.34. This represents a yield of 4.1%. H World Group’s payout ratio is currently 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.