XTX Topco Ltd Makes New Investment in H World Group Limited (NASDAQ:HTHT)

XTX Topco Ltd purchased a new stake in H World Group Limited (NASDAQ:HTHT - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 30,369 shares of the company's stock, valued at approximately $1,003,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Blue Trust Inc. grew its stake in shares of H World Group by 13.5% during 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 last quarter. DnB Asset Management AS increased its stake in H World Group by 5.6% during the 4th quarter. DnB Asset Management AS now owns 14,691 shares of the company's stock valued at $485,000 after purchasing an additional 784 shares in the last quarter. Rhumbline Advisers boosted its stake in H World Group by 2.3% during the 4th quarter. Rhumbline Advisers now owns 34,688 shares of the company's stock valued at $1,146,000 after purchasing an additional 791 shares during the last quarter. US Bancorp DE raised its position in H World Group by 21.2% in the 4th 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. Finally, Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in H World Group by 11.9% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 8,778 shares of the company's stock valued at $290,000 after purchasing an additional 936 shares during the period. 46.41% of the stock is currently owned by hedge funds and other institutional investors.

H World Group Stock Performance

Shares of NASDAQ HTHT traded down $0.38 during trading on Monday, reaching $34.10. 382,152 shares of the company traded hands, compared to its average volume of 1,991,858. 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 Limited has a 12-month low of $27.03 and a 12-month high of $42.98. The firm's fifty day simple moving average is $35.86 and its 200 day simple moving average is $35.06. The stock has a market cap of $10.68 billion, a P/E ratio of 20.69, a PEG ratio of 1.28 and a beta 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 paid a dividend of $0.95 per share. This represents a yield of 4.1%. The ex-dividend date is Wednesday, April 9th. This is a boost from H World Group's previous -- dividend of $0.34. H World Group's payout ratio is 141.79%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on HTHT. Hsbc Global Res downgraded H World Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, February 4th. Morgan Stanley reiterated an "overweight" rating on shares of H World Group in a research note on Monday, March 31st. Finally, HSBC downgraded H World Group from a "buy" rating to a "hold" rating and set a $32.40 price objective on the stock. in a research note on Wednesday, February 5th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $43.85.

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.