Vontobel Holding Ltd. Has $20.65 Million Stake in H World Group Limited (NASDAQ:HTHT)

Vontobel Holding Ltd. reduced its holdings in H World Group Limited (NASDAQ:HTHT - Free Report) by 9.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 554,991 shares of the company's stock after selling 57,643 shares during the quarter. Vontobel Holding Ltd. owned 0.17% of H World Group worth $20,646,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. California State Teachers Retirement System boosted its position in shares of H World Group by 1.8% during the first quarter. California State Teachers Retirement System now owns 36,662 shares of the company's stock worth $1,419,000 after buying an additional 636 shares during the period. Handelsbanken Fonder AB boosted its position in shares of H World Group by 1.4% during the third quarter. Handelsbanken Fonder AB now owns 67,004 shares of the company's stock worth $2,493,000 after buying an additional 950 shares during the period. Blue Trust Inc. boosted its position in shares of H World Group by 716.7% during the second quarter. Blue Trust Inc. now owns 1,225 shares of the company's stock worth $41,000 after buying an additional 1,075 shares during the period. US Bancorp DE boosted its position in shares of H World Group by 9.3% during the first quarter. US Bancorp DE now owns 18,964 shares of the company's stock worth $734,000 after buying an additional 1,609 shares during the period. Finally, Sei Investments Co. boosted its position in shares of H World Group by 10.4% during the second quarter. Sei Investments Co. now owns 25,474 shares of the company's stock worth $849,000 after buying an additional 2,392 shares during the period. 46.41% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Benchmark reduced their price target on H World Group from $64.00 to $53.00 and set a "buy" rating for the company in a research report on Thursday, August 22nd. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has an average rating of "Buy" and an average target price of $47.80.

H World Group Stock Down 4.0 %

NASDAQ HTHT traded down $1.52 during trading hours on Thursday, hitting $36.83. 1,907,488 shares of the company traded hands, compared to its average volume of 1,893,729. The business's 50-day moving average is $32.59 and its 200-day moving average is $34.53. H World Group Limited has a twelve month low of $27.03 and a twelve month high of $42.98. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.96 and a current ratio of 0.97. The stock has a market capitalization of $12.03 billion, a price-to-earnings ratio of 22.88, a P/E/G ratio of 1.17 and a beta of 0.77.

H World Group (NASDAQ:HTHT - Get Free Report) last issued its quarterly earnings results on Tuesday, August 20th. The company reported $0.46 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.06). H World Group had a net margin of 16.32% and a return on equity of 29.32%. The company had revenue of $846.00 million for the quarter, compared to analyst estimates of $839.89 million. Sell-side analysts anticipate that H World Group Limited will post 1.81 earnings per share for the current year.

H World Group Cuts Dividend

The firm also recently disclosed a Variable dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Wednesday, August 14th were given a $0.63 dividend. The ex-dividend date was Wednesday, August 14th. This represents a dividend yield of 3.9%. H World Group's payout ratio is 75.16%.

H World Group Company 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.