Capital International Investors Purchases 1,452,364 Shares of H World Group Limited (NASDAQ:HTHT)

Capital International Investors raised its holdings in shares of H World Group Limited (NASDAQ:HTHT - Free Report) by 18.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,334,577 shares of the company's stock after acquiring an additional 1,452,364 shares during the quarter. Capital International Investors owned approximately 2.98% of H World Group worth $308,321,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Daiwa Securities Group Inc. bought a new position in shares of H World Group in the 4th quarter valued at about $33,000. US Bancorp DE grew its holdings in H World Group by 21.2% during the fourth quarter. US Bancorp DE now owns 4,839 shares of the company's stock worth $160,000 after purchasing an additional 845 shares during the period. Blue Trust Inc. increased its position in H World Group by 13.5% during the fourth quarter. Blue Trust Inc. now owns 5,467 shares of the company's stock worth $181,000 after buying an additional 650 shares during the last quarter. iA Global Asset Management Inc. bought a new stake in H World Group in the fourth quarter valued at approximately $196,000. Finally, Mariner LLC lifted its position in shares of H World Group by 33.8% in the fourth quarter. Mariner LLC now owns 8,120 shares of the company's stock valued at $268,000 after buying an additional 2,050 shares during the last quarter. 46.41% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on HTHT. Morgan Stanley reissued an "overweight" rating on shares of H World Group in a report on Monday, March 31st. HSBC lowered 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 research report on Wednesday, February 5th. 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 four have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $43.85.

H World Group Stock Performance

Shares of H World Group stock traded down $0.03 during trading on Monday, reaching $34.45. The company's stock had a trading volume of 1,717,926 shares, compared to its average volume of 1,996,690. 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 cap of $10.79 billion, a PE ratio of 20.88, a P/E/G ratio of 1.28 and a beta of 0.60. The business's 50-day moving average price is $35.88 and its 200-day moving average price is $35.01. The company has a quick ratio of 0.87, a current ratio of 0.88 and a debt-to-equity ratio of 0.60.

H World Group Increases Dividend

The firm also recently declared 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%. This is an increase from H World Group's previous -- dividend of $0.34. The ex-dividend date of this dividend is Wednesday, April 9th. 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.