Keystone Investors PTE Ltd. Has $4.55 Million Stake in H World Group Limited (NASDAQ:HTHT)

Keystone Investors PTE Ltd. boosted its stake in shares of H World Group Limited (NASDAQ:HTHT) by 35.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 137,800 shares of the company’s stock after acquiring an additional 35,800 shares during the quarter. Keystone Investors PTE Ltd.’s holdings in H World Group were worth $4,552,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in HTHT. Daiwa Securities Group Inc. bought a new stake in shares of H World Group in the 4th quarter worth about $33,000. US Bancorp DE increased its holdings in shares of H World Group by 21.2% during 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 in 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 acquiring an additional 650 shares during the last quarter. iA Global Asset Management Inc. acquired a new position in shares of H World Group in the 4th quarter worth approximately $196,000. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its position in 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 worth $290,000 after acquiring an additional 936 shares during the last quarter. 46.41% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have issued reports on HTHT. HSBC downgraded H World Group from a “buy” rating to a “hold” rating and set a $32.40 price objective for the company. in a research report on Wednesday, February 5th. Benchmark cut their price target on H World Group from $53.00 to $48.00 and set a “buy” rating for the company in a report on Wednesday, November 27th. Finally, Hsbc Global Res lowered shares of 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 given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $44.68.

H World Group Price Performance

Shares of HTHT stock opened at $37.75 on Tuesday. The firm has a market cap of $11.83 billion, a price-to-earnings ratio of 22.88, a PEG ratio of 1.28 and a beta of 0.70. H World Group Limited has a 12 month low of $27.03 and a 12 month high of $42.98. The company has a quick ratio of 0.87, a current ratio of 0.88 and a debt-to-equity ratio of 0.60. The stock has a 50-day moving average price of $34.78 and a 200 day moving average price of $34.74.

H World Group Increases Dividend

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

H World Group 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.