H World Group Limited Sponsored ADR (NASDAQ:HTHT) Short Interest Update

H World Group Limited Sponsored ADR (NASDAQ:HTHT) saw a significant decrease in short interest in May. As of May 15th, there was short interest totaling 9,379,589 shares, a decrease of 37.7% from the April 30th total of 15,052,640 shares. Based on an average daily trading volume, of 1,831,821 shares, the days-to-cover ratio is currently 5.1 days. Currently, 6.0% of the company’s shares are sold short.

H World Group Stock Down 0.1%

H World Group stock opened at $44.33 on Wednesday. The firm has a fifty day moving average price of $49.60 and a two-hundred day moving average price of $49.51. The firm has a market cap of $13.63 billion, a price-to-earnings ratio of 19.88, a P/E/G ratio of 1.23 and a beta of 0.11. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.93 and a quick ratio of 0.93. H World Group has a fifty-two week low of $30.41 and a fifty-two week high of $56.63.

H World Group (NASDAQ:HTHT) last issued its quarterly earnings data on Saturday, February 14th. The company reported $0.06 earnings per share for the quarter. The firm had revenue of $932.62 million for the quarter. H World Group had a net margin of 19.22% and a return on equity of 39.73%. As a group, analysts forecast that H World Group will post 2.47 earnings per share for the current year.

H World Group Announces Dividend

The firm also recently declared a dividend, which was paid on Wednesday, May 20th. Shareholders of record on Monday, May 4th were paid a $1.30 dividend. This represents a yield of 542.0%. The ex-dividend date was Monday, May 4th. H World Group’s payout ratio is presently 114.80%.

Insiders Place Their Bets

In other H World Group news, Director Theng Fong Hee sold 31,640 shares of H World Group stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $50.96, for a total transaction of $1,612,374.40. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 49.40% of the company’s stock.

Institutional Investors Weigh In On H World Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. TD Private Client Wealth LLC acquired a new stake in H World Group in the 4th quarter valued at $45,000. EverSource Wealth Advisors LLC raised its stake in H World Group by 81.0% in the second quarter. EverSource Wealth Advisors LLC now owns 1,450 shares of the company’s stock valued at $49,000 after buying an additional 649 shares during the period. Caitong International Asset Management Co. Ltd bought a new stake in H World Group in the third quarter valued at approximately $66,000. Osaic Holdings Inc. raised its stake in H World Group by 889.5% in the second quarter. Osaic Holdings Inc. now owns 2,266 shares of the company’s stock valued at $77,000 after buying an additional 2,037 shares during the period. Finally, iA Global Asset Management Inc. raised its stake in H World Group by 20.1% in the fourth quarter. iA Global Asset Management Inc. now owns 1,653 shares of the company’s stock valued at $78,000 after buying an additional 277 shares during the period. 46.41% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

HTHT has been the subject of several analyst reports. Weiss Ratings lowered shares of H World Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, May 18th. UBS Group raised shares of H World Group from a “neutral” rating to a “buy” rating and set a $62.40 price objective for the company in a research note on Monday, March 9th. Zacks Research raised shares of H World Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, March 19th. Benchmark lifted their price objective on shares of H World Group from $52.00 to $60.00 and gave the company a “buy” rating in a research note on Thursday, March 19th. Finally, Wall Street Zen raised shares of H World Group from a “hold” rating to a “buy” rating in a research note on Sunday. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, H World Group currently has an average rating of “Buy” and a consensus target price of $61.20.

About H World Group

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.