Arrowstreet Capital Limited Partnership Grows Holdings in H World Group Limited (NASDAQ:HTHT)

Arrowstreet Capital Limited Partnership boosted its holdings in shares of H World Group Limited (NASDAQ:HTHT) by 1,325.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,153,267 shares of the company’s stock after acquiring an additional 1,072,366 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in H World Group were worth $38,092,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the business. Daiwa Securities Group Inc. purchased a new stake in shares of H World Group in the fourth quarter worth $33,000. US Bancorp DE grew its position in H World Group by 21.2% during the 4th quarter. US Bancorp DE now owns 4,839 shares of the company’s stock valued at $160,000 after purchasing an additional 845 shares during the last quarter. Blue Trust Inc. increased its stake in H World Group by 13.5% during the 4th quarter. Blue Trust Inc. now owns 5,467 shares of the company’s stock valued at $181,000 after purchasing an additional 650 shares in the last quarter. iA Global Asset Management Inc. purchased a new position in H World Group in the fourth quarter worth about $196,000. Finally, Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in shares of H World Group by 11.9% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 8,778 shares of the company’s stock worth $290,000 after buying an additional 936 shares in the last quarter. Institutional investors own 46.41% of the company’s stock.

H World Group Trading Up 0.5 %

Shares of NASDAQ:HTHT opened at $37.29 on Thursday. The stock’s 50-day simple moving average is $35.58 and its two-hundred day simple moving average is $35.10. H World Group Limited has a 52-week low of $27.03 and a 52-week high of $42.98. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.87 and a current ratio of 0.88. The stock has a market capitalization of $11.68 billion, a price-to-earnings ratio of 22.60, a PEG ratio of 1.28 and a beta of 0.60.

H World Group Increases Dividend

The firm also recently declared a — dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 9th will be given a $0.95 dividend. The ex-dividend date is Wednesday, April 9th. This is an increase from H World Group’s previous — dividend of $0.34. This represents a yield of 4.1%. H World Group’s dividend payout ratio (DPR) is presently 141.79%.

Analyst Ratings Changes

HTHT has been the subject of several analyst reports. HSBC downgraded shares of H World Group from a “buy” rating to a “hold” rating and set a $32.40 price target for the company. in a research 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 investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $44.68.

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.