ANTIPODES PARTNERS Ltd Has $1.03 Million Stock Holdings in Huazhu Group Limited (NASDAQ:HTHT)

ANTIPODES PARTNERS Ltd increased its holdings in Huazhu Group Limited (NASDAQ:HTHTGet Rating) by 21.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 26,175 shares of the company’s stock after purchasing an additional 4,596 shares during the period. ANTIPODES PARTNERS Ltd’s holdings in Huazhu Group were worth $1,034,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. Krane Funds Advisors LLC increased its holdings in shares of Huazhu Group by 76.6% during the third quarter. Krane Funds Advisors LLC now owns 1,566 shares of the company’s stock worth $72,000 after buying an additional 679 shares in the last quarter. Quadrant Capital Group LLC increased its holdings in shares of Huazhu Group by 20.7% during the fourth quarter. Quadrant Capital Group LLC now owns 1,996 shares of the company’s stock worth $75,000 after buying an additional 342 shares in the last quarter. Signaturefd LLC increased its holdings in shares of Huazhu Group by 24.1% during the fourth quarter. Signaturefd LLC now owns 2,377 shares of the company’s stock worth $89,000 after buying an additional 462 shares in the last quarter. Desjardins Global Asset Management Inc. acquired a new stake in shares of Huazhu Group during the fourth quarter worth approximately $160,000. Finally, Congress Wealth Management LLC DE acquired a new stake in shares of Huazhu Group during the fourth quarter worth approximately $204,000. 48.35% of the stock is owned by hedge funds and other institutional investors.

Several analysts have recently commented on HTHT shares. StockNews.com started coverage on shares of Huazhu Group in a research note on Thursday, March 31st. They set a “sell” rating on the stock. Bank of America increased their price target on shares of Huazhu Group from $48.00 to $51.00 and gave the company a “buy” rating in a research note on Tuesday, March 29th. Zacks Investment Research raised shares of Huazhu Group from a “strong sell” rating to a “hold” rating in a research note on Friday, May 20th. TheStreet cut shares of Huazhu Group from a “c-” rating to a “d+” rating in a research note on Friday, March 11th. Finally, Credit Suisse Group raised shares of Huazhu Group from a “neutral” rating to an “outperform” rating in a research note on Friday, March 25th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $57.35.

HTHT stock traded up $0.53 during midday trading on Wednesday, reaching $27.31. The company’s stock had a trading volume of 44,058 shares, compared to its average volume of 1,918,445. Huazhu Group Limited has a 52 week low of $21.98 and a 52 week high of $59.86. The stock has a market cap of $8.79 billion, a PE ratio of -111.58 and a beta of 1.31. The company has a quick ratio of 0.62, a current ratio of 0.63 and a debt-to-equity ratio of 0.57. The business’s 50-day simple moving average is $30.95 and its 200-day simple moving average is $36.35.

Huazhu Group (NASDAQ:HTHTGet Rating) last announced its quarterly earnings data on Wednesday, March 23rd. The company reported ($0.23) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.13). Huazhu Group had a negative net margin of 3.68% and a negative return on equity of 4.17%. The business had revenue of $526.00 million during the quarter. During the same quarter in the previous year, the firm posted $0.33 earnings per share. As a group, equities analysts forecast that Huazhu Group Limited will post 0.12 earnings per share for the current fiscal year.

The company also recently declared a None dividend, which was paid on Thursday, April 21st. Stockholders of record on Thursday, March 24th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Wednesday, March 23rd. Huazhu Group’s dividend payout ratio is -87.50%.

About Huazhu Group (Get Rating)

Huazhu Group Limited, together with its subsidiaries, develops leased and owned, manachised, and franchised hotels primarily 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, Crystal Orange Hotel, IntercityHotel, Manxin Hotel, Mercure Hotel, Madison Hotel, Novotel Hotel, oya Hotel, Blossom House, Steigenberger Hotels & Resorts, MAXX by Steigenberger, Jaz in the City, and Grand Mercure.

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Institutional Ownership by Quarter for Huazhu Group (NASDAQ:HTHT)

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