Geode Capital Management LLC Has $43.28 Million Position in H World Group Limited (NASDAQ:HTHT)

Geode Capital Management LLC increased its stake in H World Group Limited (NASDAQ:HTHT - Free Report) by 2.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,318,279 shares of the company's stock after purchasing an additional 32,409 shares during the period. Geode Capital Management LLC owned approximately 0.42% of H World Group worth $43,276,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Blue Trust Inc. increased its position in shares of H World Group by 13.5% during the 4th quarter. Blue Trust Inc. now owns 5,467 shares of the company's stock worth $181,000 after purchasing an additional 650 shares during the last quarter. DnB Asset Management AS increased its holdings in H World Group by 5.6% during the fourth quarter. DnB Asset Management AS now owns 14,691 shares of the company's stock worth $485,000 after buying an additional 784 shares during the last quarter. Rhumbline Advisers raised its position in H World Group by 2.3% during the fourth quarter. Rhumbline Advisers now owns 34,688 shares of the company's stock worth $1,146,000 after acquiring an additional 791 shares in the last quarter. US Bancorp DE lifted its stake in H World Group by 21.2% in the fourth quarter. US Bancorp DE now owns 4,839 shares of the company's stock valued at $160,000 after acquiring an additional 845 shares during the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its position in shares of 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 acquiring an additional 936 shares during the period. Institutional investors own 46.41% of the company's stock.

Wall Street Analyst Weigh In

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

H World Group Stock Performance

NASDAQ:HTHT traded down $0.52 during mid-day trading on Friday, hitting $34.48. 2,463,097 shares of the stock were exchanged, compared to its average volume of 1,997,810. 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 $35.86 and its 200 day simple moving average is $35.09. H World Group Limited has a fifty-two week low of $27.03 and a fifty-two week high of $42.98. The stock has a market capitalization of $10.80 billion, a price-to-earnings ratio of 20.90, a price-to-earnings-growth ratio of 1.28 and a beta of 0.60.

H World Group Increases Dividend

The firm also recently announced 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 is Wednesday, April 9th. This is a boost from H World Group's previous -- dividend of $0.34. H World Group's payout ratio is presently 141.79%.

About H World Group

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.