XTX Topco Ltd Buys Shares of 30,369 H World Group Limited (NASDAQ:HTHT)

XTX Topco Ltd purchased a new position in shares of H World Group Limited (NASDAQ:HTHT) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 30,369 shares of the company’s stock, valued at approximately $1,003,000.

A number of other hedge funds have also modified their holdings of HTHT. Mariner LLC lifted its position in H World Group by 33.8% in the fourth quarter. Mariner LLC now owns 8,120 shares of the company’s stock valued at $268,000 after buying an additional 2,050 shares during the last quarter. Dymon Asia Capital Singapore PTE. LTD. acquired a new position in shares of H World Group in the 4th quarter worth approximately $2,547,000. Renaissance Technologies LLC boosted its position in shares of H World Group by 213.6% during the 4th quarter. Renaissance Technologies LLC now owns 983,585 shares of the company’s stock worth $32,488,000 after purchasing an additional 669,985 shares during the period. FIL Ltd boosted its position in shares of H World Group by 32.9% during the 4th quarter. FIL Ltd now owns 1,032,700 shares of the company’s stock worth $34,110,000 after purchasing an additional 255,829 shares during the period. Finally, Envestnet Asset Management Inc. increased its holdings in H World Group by 41.6% in the 4th quarter. Envestnet Asset Management Inc. now owns 9,446 shares of the company’s stock valued at $312,000 after purchasing an additional 2,774 shares during the last quarter. 46.41% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. HSBC cut H World Group from a “buy” rating to a “hold” rating and set a $32.40 price target on the stock. in a research note on Wednesday, February 5th. Morgan Stanley restated an “overweight” rating on shares of H World Group in a report on Monday, March 31st. Finally, Hsbc Global Res lowered shares of H World Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 4th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, H World Group presently has an average rating of “Moderate Buy” and an average target price of $44.68.

H World Group Trading Up 3.9 %

HTHT opened at $34.91 on Wednesday. The business has a fifty day moving average price of $35.75 and a 200 day moving average price of $35.19. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.88 and a quick ratio of 0.87. H World Group Limited has a 12 month low of $27.03 and a 12 month high of $42.98. The stock has a market capitalization of $10.94 billion, a price-to-earnings ratio of 21.16, a PEG ratio of 1.28 and a beta of 0.60.

H World Group Increases Dividend

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

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.