Schroder Investment Management Group Sells 114,861 Shares of H World Group Limited (NASDAQ:HTHT)

Schroder Investment Management Group reduced its stake in H World Group Limited (NASDAQ:HTHT - Free Report) by 1.8% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 6,412,185 shares of the company's stock after selling 114,861 shares during the quarter. Schroder Investment Management Group owned 2.05% of H World Group worth $210,736,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the stock. Daiwa Securities Group Inc. purchased a new position in H World Group in the fourth quarter valued at about $33,000. US Bancorp DE increased its position in H World Group by 21.2% in the fourth quarter. US Bancorp DE now owns 4,839 shares of the company's stock worth $160,000 after buying an additional 845 shares during the last quarter. Blue Trust Inc. raised its stake in shares of H World Group by 13.5% in the fourth quarter. Blue Trust Inc. now owns 5,467 shares of the company's stock valued at $181,000 after buying an additional 650 shares during the period. iA Global Asset Management Inc. purchased a new position in shares of H World Group during the 4th quarter valued at $196,000. Finally, Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in shares of H World Group by 11.9% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 8,778 shares of the company's stock valued at $290,000 after buying an additional 936 shares during the last quarter. Institutional investors own 46.41% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on HTHT. Hsbc Global Res cut H World Group from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 4th. HSBC downgraded 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 report on Wednesday, February 5th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $44.68.

H World Group Price Performance

Shares of HTHT stock traded down $0.27 during trading hours on Thursday, reaching $37.02. The stock had a trading volume of 385,509 shares, compared to its average volume of 1,893,821. The stock's fifty day simple moving average is $35.58 and its 200 day simple moving average is $35.10. The firm has a market capitalization of $11.60 billion, a PE ratio of 22.44, a PEG ratio of 1.28 and a beta of 0.60. H World Group Limited has a 12 month low of $27.03 and a 12 month 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.

H World Group Increases Dividend

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

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.