Massachusetts Financial Services Co. MA Has $4.03 Million Position in H World Group Limited (NASDAQ:HTHT)

Massachusetts Financial Services Co. MA increased its holdings in shares of H World Group Limited (NASDAQ:HTHT - Free Report) by 136.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 122,082 shares of the company's stock after acquiring an additional 70,440 shares during the quarter. Massachusetts Financial Services Co. MA's holdings in H World Group were worth $4,032,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Arrowstreet Capital Limited Partnership increased its holdings in shares of H World Group by 1,325.5% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,153,267 shares of the company's stock worth $38,092,000 after purchasing an additional 1,072,366 shares during the period. Norges Bank bought a new position in H World Group during the 4th quarter worth $29,005,000. National Bank of Canada FI acquired a new position in H World Group in the 4th quarter valued at $22,675,000. TT International Asset Management LTD bought a new stake in shares of H World Group during the 3rd quarter valued at $24,915,000. Finally, Headwater Capital Co Ltd acquired a new stake in shares of H World Group during the 4th quarter worth $9,909,000. Institutional investors and hedge funds own 46.41% of the company's stock.

H World Group Price Performance

NASDAQ HTHT traded up $0.58 during trading on Friday, hitting $32.40. 4,894,618 shares of the company's stock were exchanged, compared to its average volume of 1,951,424. The stock's 50 day moving average price is $35.63 and its two-hundred day moving average price is $35.23. H World Group Limited has a fifty-two week low of $27.03 and a fifty-two week 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 company has a market cap of $10.15 billion, a PE ratio of 19.64, a P/E/G ratio of 1.28 and a beta of 0.60.

H World Group Increases Dividend

The business also recently disclosed a -- dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 9th will be paid a $0.95 dividend. This is an increase from H World Group's previous -- dividend of $0.34. The ex-dividend date is Wednesday, April 9th. This represents a yield of 4.1%. H World Group's dividend payout ratio is presently 141.79%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on HTHT shares. HSBC cut shares of H World Group from a "buy" rating to a "hold" rating and set a $32.40 price objective for the company. in a research report on Wednesday, February 5th. 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. Finally, Morgan Stanley reiterated an "overweight" rating on shares of H World Group in a research report on Monday, March 31st. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, H World Group presently has a consensus rating of "Moderate Buy" and a consensus price target 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.