Dymon Asia Capital Singapore PTE. LTD. Buys New Shares in H World Group Limited (NASDAQ:HTHT)

Dymon Asia Capital Singapore PTE. LTD. bought a new stake in H World Group Limited (NASDAQ:HTHT - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 77,100 shares of the company's stock, valued at approximately $2,547,000. H World Group accounts for about 0.6% of Dymon Asia Capital Singapore PTE. LTD.'s portfolio, making the stock its 11th largest position.

Several other large investors also recently modified their holdings of HTHT. Daiwa Securities Group Inc. acquired a new stake in H World Group during the 4th quarter worth approximately $33,000. US Bancorp DE raised its position in H World Group by 21.2% in the 4th quarter. US Bancorp DE now owns 4,839 shares of the company's stock valued at $160,000 after buying an additional 845 shares during the last quarter. Blue Trust Inc. raised its holdings in shares of 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. iA Global Asset Management Inc. acquired a new position in H World Group during the fourth quarter worth $196,000. Finally, Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in H World Group by 11.9% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 8,778 shares of the company's stock valued at $290,000 after buying an additional 936 shares during the last quarter. 46.41% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

HTHT has been the subject of a number of analyst reports. 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 reissued an "overweight" rating on shares of H World Group in a research report on Monday, March 31st. Finally, Hsbc Global Res cut H World Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, February 4th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat, H World Group has an average rating of "Moderate Buy" and an average price target of $44.68.

H World Group Trading Up 0.6 %

HTHT stock traded up $0.20 during trading on Wednesday, hitting $35.11. The company had a trading volume of 1,740,598 shares, compared to its average volume of 1,969,462. The stock has a market cap of $11.00 billion, a PE ratio of 21.28, a PEG ratio of 1.28 and a beta of 0.60. H World Group Limited has a one year low of $27.03 and a one year high of $42.98. The company has a current ratio of 0.88, a quick ratio of 0.87 and a debt-to-equity ratio of 0.60. The business has a 50-day moving average of $35.75 and a 200-day moving average of $35.19.

H World Group Increases Dividend

The company also recently declared a -- dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 9th will be given a dividend of $0.95 per share. The ex-dividend date is Wednesday, April 9th. This represents a yield of 4.1%. This is a boost from H World Group's previous -- dividend of $0.34. H World Group's dividend payout ratio is 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.