H World Group Limited (NASDAQ:HTHT) Shares Acquired by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership increased its stake in shares of H World Group Limited (NASDAQ:HTHT - Free Report) by 1,325.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,153,267 shares of the company's stock after buying an additional 1,072,366 shares during the period. Arrowstreet Capital Limited Partnership owned about 0.37% of H World Group worth $38,092,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in HTHT. Headwater Capital Co Ltd acquired a new stake in shares of H World Group during the 4th quarter valued at approximately $9,909,000. Waverton Investment Management Ltd purchased a new position in H World Group in the 4th quarter valued at approximately $6,076,000. Mirae Asset Global Investments Co. Ltd. raised its holdings in H World Group by 109.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 251,056 shares of the company's stock worth $8,292,000 after purchasing an additional 131,189 shares during the last quarter. Nordea Investment Management AB boosted its position in H World Group by 11.2% during the fourth quarter. Nordea Investment Management AB now owns 508,422 shares of the company's stock worth $16,961,000 after purchasing an additional 51,213 shares in the last quarter. Finally, Blue Trust Inc. grew its holdings in H World Group by 13.5% in the fourth quarter. Blue Trust Inc. now owns 5,467 shares of the company's stock valued at $181,000 after purchasing an additional 650 shares during the last quarter. Hedge funds and other institutional investors own 46.41% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. HSBC downgraded H World Group from a "buy" rating to a "hold" rating and set a $32.40 price target for the company. in a research note on Wednesday, February 5th. Morgan Stanley restated an "overweight" rating on shares of H World Group in a research report on Monday, March 31st. Finally, Hsbc Global Res downgraded shares of H World Group from a "strong-buy" rating to a "hold" rating in a report on Tuesday, February 4th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $44.68.

H World Group Price Performance

H World Group stock traded down $1.07 during midday trading on Monday, reaching $32.36. 4,142,644 shares of the company were exchanged, compared to its average volume of 1,919,219. The company has a market capitalization of $10.14 billion, a price-to-earnings ratio of 19.61, a P/E/G ratio of 1.28 and a beta of 0.60. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.87 and a current ratio of 0.88. The firm's 50-day simple moving average is $35.69 and its 200-day simple moving average is $35.25. H World Group Limited has a 1 year low of $27.03 and a 1 year high of $42.98.

H World Group Increases Dividend

The company also recently disclosed a -- dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 9th will be given a $0.95 dividend. This represents a dividend yield of 4.1%. 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. 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.