Invesco Ltd. Sells 1,733,897 Shares of H World Group Limited (NASDAQ:HTHT)

Invesco Ltd. lowered its holdings in shares of H World Group Limited (NASDAQ:HTHT - Free Report) by 5.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 33,025,135 shares of the company's stock after selling 1,733,897 shares during the period. Invesco Ltd. owned about 10.54% of H World Group worth $1,090,820,000 as of its most recent filing with the SEC.

A number of other large investors have also bought and sold shares of the stock. Blue Trust Inc. boosted 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 worth $181,000 after acquiring an additional 650 shares in the last quarter. DnB Asset Management AS grew its position in shares of 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 purchasing an additional 784 shares in the last quarter. Rhumbline Advisers increased its holdings in H World Group by 2.3% in the 4th quarter. Rhumbline Advisers now owns 34,688 shares of the company's stock valued at $1,146,000 after acquiring an additional 791 shares during the last quarter. US Bancorp DE boosted its position in shares of H World Group by 21.2% during the 4th 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 lifted its position in H World Group by 11.9% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 8,778 shares of the company's stock valued at $290,000 after purchasing an additional 936 shares during the last quarter. 46.41% of the stock is owned by hedge funds and other institutional investors.

H World Group Stock Up 1.8 %

Shares of H World Group stock traded up $0.58 during trading hours on Friday, hitting $32.40. 4,894,618 shares of the company's stock traded hands, compared to its average volume of 1,951,424. H World Group Limited has a twelve month low of $27.03 and a twelve month high of $42.98. The company has a quick ratio of 0.87, a current ratio of 0.88 and a debt-to-equity ratio of 0.60. The company has a market cap of $10.15 billion, a PE ratio of 19.64, a PEG ratio of 1.28 and a beta of 0.60. The stock has a 50 day simple moving average of $35.63 and a 200-day simple moving average of $35.23.

H World Group Increases Dividend

The company also recently declared a -- dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 9th will be issued a dividend of $0.95 per share. The ex-dividend date is Wednesday, April 9th. This represents a dividend yield of 4.1%. 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%.

Wall Street Analysts Forecast Growth

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

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.