H World Group Limited (NASDAQ:HTHT) Shares Sold by AQR Capital Management LLC

AQR Capital Management LLC trimmed its stake in shares of H World Group Limited (NASDAQ:HTHT - Free Report) by 97.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,115 shares of the company's stock after selling 262,423 shares during the period. AQR Capital Management LLC's holdings in H World Group were worth $204,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. California State Teachers Retirement System lifted its holdings in shares of H World Group by 1.8% in the first quarter. California State Teachers Retirement System now owns 36,662 shares of the company's stock valued at $1,419,000 after purchasing an additional 636 shares in the last quarter. Blue Trust Inc. lifted its holdings in shares of H World Group by 716.7% in the second quarter. Blue Trust Inc. now owns 1,225 shares of the company's stock valued at $41,000 after purchasing an additional 1,075 shares in the last quarter. US Bancorp DE lifted its holdings in shares of H World Group by 9.3% in the first quarter. US Bancorp DE now owns 18,964 shares of the company's stock valued at $734,000 after purchasing an additional 1,609 shares in the last quarter. Sei Investments Co. lifted its holdings in shares of H World Group by 10.4% in the second quarter. Sei Investments Co. now owns 25,474 shares of the company's stock valued at $849,000 after purchasing an additional 2,392 shares in the last quarter. Finally, Headlands Technologies LLC purchased a new stake in shares of H World Group in the second quarter valued at about $91,000. 46.41% of the stock is currently owned by institutional investors and hedge funds.

H World Group Trading Up 3.7 %

Shares of NASDAQ:HTHT traded up $1.35 during trading on Friday, reaching $38.18. The stock had a trading volume of 1,815,129 shares, compared to its average volume of 1,895,234. The business has a fifty day moving average price of $32.77 and a 200-day moving average price of $34.52. The company has a quick ratio of 0.96, a current ratio of 0.97 and a debt-to-equity ratio of 0.61. The stock has a market cap of $12.47 billion, a P/E ratio of 23.71, a PEG ratio of 1.17 and a beta of 0.77. H World Group Limited has a fifty-two week low of $27.03 and a fifty-two week high of $42.98.

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

H World Group Cuts Dividend

The business also recently declared a Variable dividend, which was paid on Tuesday, September 3rd. Investors of record on Wednesday, August 14th were given a dividend of $0.63 per share. This represents a yield of 3.9%. The ex-dividend date of this dividend was Wednesday, August 14th. H World Group's dividend payout ratio (DPR) is 75.16%.

Analysts Set New Price Targets

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

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.