Shares of H World Group Limited (NASDAQ:HTHT – Get Free Report) have been given a consensus rating of “Buy” by the five research firms that are covering the stock, MarketBeat reports. Five research analysts have rated the stock with a buy recommendation. The average twelve-month target price among brokers that have covered the stock in the last year is $47.80.
Separately, Benchmark dropped 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 report on Thursday, August 22nd.
View Our Latest Report on HTHT
H World Group Trading Down 0.2 %
H World Group (NASDAQ:HTHT – Get Free Report) last released its earnings results on Tuesday, August 20th. The company reported $0.46 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.06). The business had revenue of $846.00 million for the quarter, compared to analysts’ expectations of $839.89 million. H World Group had a net margin of 16.32% and a return on equity of 29.32%. Sell-side analysts forecast that H World Group will post 1.74 EPS for the current fiscal year.
H World Group Cuts Dividend
The company also recently disclosed a Variable dividend, which was paid on Tuesday, September 3rd. Investors of record on Wednesday, August 14th were paid a dividend of $0.63 per share. This represents a yield of 3.9%. The ex-dividend date of this dividend was Wednesday, August 14th. H World Group’s dividend payout ratio (DPR) is presently 75.16%.
Institutional Trading of H World Group
Several institutional investors have recently added to or reduced their stakes in the business. Capital Fund Management S.A. lifted its position in shares of H World Group by 98.7% in the 4th quarter. Capital Fund Management S.A. now owns 209,506 shares of the company’s stock worth $7,006,000 after buying an additional 104,068 shares during the last quarter. Generation Investment Management LLP boosted its stake in H World Group by 19.8% in the fourth quarter. Generation Investment Management LLP now owns 1,222,257 shares of the company’s stock valued at $40,872,000 after acquiring an additional 201,587 shares during the period. Campbell & CO Investment Adviser LLC boosted its stake in H World Group by 137.4% in the fourth quarter. Campbell & CO Investment Adviser LLC now owns 37,981 shares of the company’s stock valued at $1,270,000 after acquiring an additional 21,979 shares during the period. Canada Pension Plan Investment Board grew its holdings in shares of H World Group by 80.5% during the first quarter. Canada Pension Plan Investment Board now owns 1,500,432 shares of the company’s stock valued at $58,067,000 after purchasing an additional 669,200 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of H World Group by 18.0% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 134,299 shares of the company’s stock worth $5,197,000 after purchasing an additional 20,500 shares during the period. Institutional investors own 46.41% of the company’s stock.
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.
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