Sei Investments Co. Buys 126,770 Shares of H World Group Limited (NASDAQ:HTHT)

Sei Investments Co. raised its holdings in H World Group Limited (NASDAQ:HTHT - Free Report) by 964.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 139,921 shares of the company's stock after acquiring an additional 126,770 shares during the quarter. Sei Investments Co.'s holdings in H World Group were worth $4,622,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in HTHT. Headwater Capital Co Ltd acquired a new position in shares of H World Group in the 4th quarter worth $9,909,000. Waverton Investment Management Ltd purchased a new position in H World Group in the 4th quarter worth about $6,076,000. Mirae Asset Global Investments Co. Ltd. raised its holdings in H World Group by 109.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 251,056 shares of the company's stock worth $8,292,000 after buying an additional 131,189 shares during the period. Nordea Investment Management AB raised its holdings in shares of H World Group by 11.2% during the fourth quarter. Nordea Investment Management AB now owns 508,422 shares of the company's stock valued at $16,961,000 after acquiring an additional 51,213 shares during the period. Finally, Blue Trust Inc. lifted its position in shares of H World Group by 13.5% in the 4th quarter. Blue Trust Inc. now owns 5,467 shares of the company's stock valued at $181,000 after acquiring an additional 650 shares in the last quarter. Institutional investors own 46.41% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on HTHT. HSBC downgraded H World Group from a "buy" rating to a "hold" rating and set a $32.40 target price on the stock. in a report on Wednesday, February 5th. Hsbc Global Res lowered H World Group from a "strong-buy" rating to a "hold" rating in a report on Tuesday, February 4th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $44.68.

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H World Group Stock Down 10.0 %

HTHT stock traded down $3.71 during trading hours on Friday, hitting $33.43. The company's stock had a trading volume of 4,761,113 shares, compared to its average volume of 1,907,536. The stock has a 50 day moving average price of $35.70 and a two-hundred day moving average price of $35.14. H World Group Limited has a 12 month low of $27.03 and a 12 month high of $42.98. The company has a market capitalization of $10.47 billion, a PE ratio of 20.26, a price-to-earnings-growth ratio of 1.28 and a beta of 0.60. The company has a quick ratio of 0.87, a current ratio of 0.88 and a debt-to-equity ratio of 0.60.

H World Group Increases Dividend

The firm also recently announced a -- dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 9th will be given a dividend of $0.95 per share. This represents a yield of 4.1%. This is an increase from H World Group's previous -- dividend of $0.34. The ex-dividend date of this dividend 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.