20,203 Shares in H World Group Limited (NASDAQ:HTHT) Bought by Scientech Research LLC

Scientech Research LLC purchased a new position in H World Group Limited (NASDAQ:HTHT) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 20,203 shares of the company’s stock, valued at approximately $673,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in HTHT. Blue Trust Inc. increased its stake in H World Group by 716.7% during the second quarter. Blue Trust Inc. now owns 1,225 shares of the company’s stock valued at $41,000 after purchasing an additional 1,075 shares during the last quarter. Headlands Technologies LLC bought a new stake in H World Group during the second quarter valued at $91,000. AdvisorShares Investments LLC bought a new stake in H World Group during the fourth quarter valued at $177,000. Capstone Investment Advisors LLC bought a new stake in H World Group during the fourth quarter valued at $238,000. Finally, Jupiter Asset Management Ltd. bought a new stake in H World Group during the second quarter valued at $373,000. Institutional investors own 46.41% of the company’s stock.

Analyst Ratings Changes

Separately, Benchmark lowered their target price on shares of H World Group from $64.00 to $53.00 and set a “buy” rating for the company in a research note on Thursday, August 22nd. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $47.80.

H World Group Stock Performance

Shares of HTHT opened at $37.69 on Friday. H World Group Limited has a 1 year low of $27.03 and a 1 year high of $42.21. The company has a market cap of $12.31 billion, a price-to-earnings ratio of 23.41, 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 quick ratio of 0.96 and a current ratio of 0.97. The firm has a fifty day moving average of $29.77 and a 200-day moving average of $34.40.

H World Group (NASDAQ:HTHT) last posted its quarterly earnings data on Tuesday, August 20th. The company reported $0.46 earnings per share for the quarter, missing the consensus estimate 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 anticipate that H World Group Limited will post 1.81 earnings per share for the current year.

H World Group Cuts Dividend

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