H World Group Limited (NASDAQ:HTHT) Stake Boosted by Keystone Investors PTE Ltd.

Keystone Investors PTE Ltd. raised its position in shares of H World Group Limited (NASDAQ:HTHT - Free Report) by 35.1% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 137,800 shares of the company's stock after purchasing an additional 35,800 shares during the quarter. Keystone Investors PTE Ltd.'s holdings in H World Group were worth $4,552,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of HTHT. Temasek Holdings Private Ltd acquired a new stake in shares of H World Group in the third quarter valued at $81,840,000. TT International Asset Management LTD acquired a new stake in H World Group in the 3rd quarter valued at about $24,915,000. Headwater Capital Co Ltd acquired a new stake in H World Group in the 4th quarter valued at about $9,909,000. Rovida Investment Management Ltd bought a new position in shares of H World Group during the 4th quarter valued at about $8,258,000. Finally, Waverton Investment Management Ltd acquired a new position in shares of H World Group in the 4th quarter worth approximately $6,076,000. 46.41% of the stock is currently owned by institutional investors and hedge funds.

H World Group Trading Down 3.4 %

Shares of NASDAQ:HTHT traded down $1.31 during mid-day trading on Friday, hitting $36.77. The stock had a trading volume of 2,036,998 shares, compared to its average volume of 1,902,726. The company's 50 day moving average is $35.27 and its 200-day moving average is $34.92. H World Group Limited has a 12-month low of $27.03 and a 12-month high of $42.98. 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 company has a market cap of $11.52 billion, a PE ratio of 22.28, a P/E/G ratio of 1.28 and a beta of 0.70.

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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 of this dividend is Wednesday, April 9th. This is a boost from H World Group's previous -- dividend of $0.34. H World Group's dividend payout ratio (DPR) is 141.79%.

Analysts Set New Price Targets

HTHT has been the subject of several recent research 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 lowered H World Group from a "buy" rating to a "hold" rating and set a $32.40 price objective for the company. in a research note on Wednesday, February 5th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $44.68.

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.