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

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

Several other hedge funds have also recently modified their holdings of HTHT. Temasek Holdings Private Ltd bought a new position in H World Group during the third quarter valued at approximately $81,840,000. TT International Asset Management LTD purchased a new stake in H World Group during the 3rd quarter valued at $24,915,000. Headwater Capital Co Ltd bought a new position in shares of H World Group during the 4th quarter valued at $9,909,000. Waverton Investment Management Ltd purchased a new position in shares of H World Group in the 4th quarter worth $6,076,000. Finally, Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of H World Group by 109.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 251,056 shares of the company's stock worth $8,292,000 after acquiring an additional 131,189 shares during the period. Hedge funds and other institutional investors own 46.41% of the company's stock.

H World Group Stock Performance

Shares of NASDAQ:HTHT traded down $1.07 during mid-day trading on Monday, reaching $32.36. 4,142,644 shares of the company traded hands, compared to its average volume of 1,918,632. H World Group Limited has a 52 week low of $27.03 and a 52 week high of $42.98. The firm has a market cap of $10.14 billion, a PE ratio of 19.61, a PEG ratio of 1.28 and a beta of 0.60. The company's 50 day moving average price is $35.69 and its 200-day moving average price is $35.25. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.88 and a quick ratio of 0.87.

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 given a dividend of $0.95 per share. This represents a dividend 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 (DPR) is presently 141.79%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on HTHT shares. 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 cut shares of H World Group from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 4th. Finally, Morgan Stanley restated an "overweight" rating on shares of H World Group in a research report on Monday, March 31st. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $44.68.

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.