H World Group Limited Sponsored ADR $HTHT Shares Sold by NS Partners Ltd

NS Partners Ltd reduced its position in H World Group Limited Sponsored ADR (NASDAQ:HTHT) by 97.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 7,500 shares of the company’s stock after selling 348,600 shares during the quarter. NS Partners Ltd’s holdings in H World Group were worth $313,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Parallel Advisors LLC lifted its position in H World Group by 16.7% during the first quarter. Parallel Advisors LLC now owns 1,773 shares of the company’s stock valued at $89,000 after buying an additional 254 shares in the last quarter. iA Global Asset Management Inc. raised its stake in shares of H World Group by 20.1% in the 4th quarter. iA Global Asset Management Inc. now owns 1,653 shares of the company’s stock valued at $78,000 after acquiring an additional 277 shares during the period. Federation des caisses Desjardins du Quebec lifted its holdings in shares of H World Group by 5.2% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 9,899 shares of the company’s stock valued at $466,000 after acquiring an additional 486 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in H World Group by 81.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,450 shares of the company’s stock worth $49,000 after purchasing an additional 649 shares during the period. Finally, Oddo BHF Asset Management Sas increased its holdings in H World Group by 16.7% in the 1st quarter. Oddo BHF Asset Management Sas now owns 4,900 shares of the company’s stock valued at $246,000 after purchasing an additional 700 shares in the last quarter. Institutional investors and hedge funds own 46.41% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on HTHT shares. Weiss Ratings upgraded H World Group from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, August 26th. Benchmark reiterated a “buy” rating on shares of H World Group in a research note on Tuesday, August 18th. Zacks Research downgraded H World Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 4th. Finally, Wall Street Zen lowered H World Group from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, H World Group presently has a consensus rating of “Moderate Buy” and an average price target of $61.20.

H World Group Price Performance

Shares of NASDAQ HTHT opened at $47.32 on Tuesday. The firm has a market cap of $14.55 billion, a PE ratio of 20.85, a price-to-earnings-growth ratio of 1.70 and a beta of 0.15. The company has a quick ratio of 1.20, a current ratio of 1.21 and a debt-to-equity ratio of 0.44. The business has a 50 day moving average price of $43.27 and a two-hundred day moving average price of $47.40. H World Group Limited Sponsored ADR has a fifty-two week low of $36.03 and a fifty-two week high of $56.63.

H World Group (NASDAQ:HTHT) last released its quarterly earnings results on Monday, August 17th. The company reported $0.78 earnings per share for the quarter, topping analysts’ consensus estimates of $0.74 by $0.04. The business had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $998.88 million. H World Group had a net margin of 18.90% and a return on equity of 41.05%. Sell-side analysts expect that H World Group Limited Sponsored ADR will post 2.6 earnings per share for the current fiscal year.

H World Group Cuts Dividend

The business also recently announced a dividend, which will be paid on Tuesday, September 22nd. Stockholders of record on Tuesday, September 8th will be given a $0.87 dividend. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a dividend yield of 373.0%. H World Group’s payout ratio is presently 74.89%.

H World Group Company Profile

H World Group, formerly known as Huazhu Group, is a leading hotel management and franchising company primarily serving the China market. The company operates a broad portfolio of midscale to luxury hotel brands, including Hi Inn, Blossom, Manxin, Madison International, Joya, Grand Mercure, Novotel, Mercure and ibis. Through a network of both directly managed and franchised properties, H World Group caters to business and leisure travelers by offering consistent service standards and loyalty benefits across its brands.

In addition to its core hotel operations, H World Group provides technology-driven hospitality solutions such as centralized reservation systems, revenue management platforms and customer relationship management tools.