15,100 Shares in H World Group Limited (NASDAQ:HTHT) Acquired by MBB Public Markets I LLC

MBB Public Markets I LLC acquired a new stake in H World Group Limited (NASDAQ:HTHT) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 15,100 shares of the company’s stock, valued at approximately $503,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Capital International Investors grew its stake in shares of H World Group by 192.4% during the first quarter. Capital International Investors now owns 5,689,620 shares of the company’s stock worth $220,188,000 after purchasing an additional 3,744,106 shares during the period. Schroder Investment Management Group grew its position in shares of H World Group by 6.8% during the 4th quarter. Schroder Investment Management Group now owns 16,389,954 shares of the company’s stock worth $548,080,000 after buying an additional 1,039,888 shares during the period. Canada Pension Plan Investment Board grew its position in shares of H World Group by 80.5% during the 1st quarter. Canada Pension Plan Investment Board now owns 1,500,432 shares of the company’s stock worth $58,067,000 after buying an additional 669,200 shares during the period. Capital International Inc. CA increased its stake in shares of H World Group by 57.7% in the 1st quarter. Capital International Inc. CA now owns 1,803,048 shares of the company’s stock valued at $69,778,000 after acquiring an additional 659,914 shares during the last quarter. Finally, Public Sector Pension Investment Board raised its position in shares of H World Group by 724.3% in the 2nd quarter. Public Sector Pension Investment Board now owns 570,887 shares of the company’s stock valued at $19,022,000 after acquiring an additional 501,634 shares during the period. 46.41% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Benchmark decreased their price objective on shares of H World Group from $64.00 to $53.00 and set a “buy” rating for the company in a report on Thursday, August 22nd. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $47.80.

H World Group Stock Up 4.5 %

Shares of H World Group stock opened at $38.86 on Wednesday. The company has a market capitalization of $12.69 billion, a P/E ratio of 24.14, a price-to-earnings-growth ratio of 0.85 and a beta of 0.76. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.97 and a quick ratio of 0.96. The business has a 50-day moving average of $29.90 and a two-hundred day moving average of $34.35. H World Group Limited has a 1 year low of $27.03 and a 1 year high of $42.21.

H World Group (NASDAQ:HTHT) last announced its earnings results on Tuesday, August 20th. The company reported $0.46 earnings per share for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.06). The company had revenue of $846.00 million during the quarter, compared to analyst estimates of $839.89 million. H World Group had a return on equity of 29.32% and a net margin of 16.32%. As a group, equities analysts predict that H World Group Limited will post 1.81 EPS for the current year.

H World Group Cuts Dividend

The business also recently disclosed a Variable dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Wednesday, August 14th were issued a $0.63 dividend. This represents a dividend yield of 3.9%. The ex-dividend date of this dividend was Wednesday, August 14th. H World Group’s payout ratio is 75.16%.

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.