Trip.com Group Limited (NASDAQ:TCOM) Shares Bought by Atria Investments Inc

Atria Investments Inc grew its position in Trip.com Group Limited (NASDAQ:TCOM - Free Report) by 111.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 8,281 shares of the company's stock after buying an additional 4,372 shares during the period. Atria Investments Inc's holdings in Trip.com Group were worth $569,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Brooklyn Investment Group acquired a new stake in Trip.com Group in the 4th quarter worth approximately $25,000. Principal Securities Inc. boosted its stake in Trip.com Group by 46.8% in the 4th quarter. Principal Securities Inc. now owns 530 shares of the company's stock worth $36,000 after purchasing an additional 169 shares in the last quarter. RPg Family Wealth Advisory LLC acquired a new stake in Trip.com Group in the 3rd quarter worth approximately $38,000. SBI Securities Co. Ltd. acquired a new stake in Trip.com Group in the 4th quarter worth approximately $94,000. Finally, Empowered Funds LLC acquired a new stake in Trip.com Group in the 4th quarter worth approximately $136,000. 35.41% of the stock is currently owned by institutional investors.

Trip.com Group Stock Performance

Shares of NASDAQ:TCOM traded down $0.58 during trading on Tuesday, hitting $66.09. 3,536,863 shares of the stock traded hands, compared to its average volume of 3,876,463. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.14. The company has a market cap of $42.57 billion, a price-to-earnings ratio of 19.79, a P/E/G ratio of 0.67 and a beta of 0.38. The company has a fifty day moving average price of $65.76 and a two-hundred day moving average price of $63.44. Trip.com Group Limited has a 52-week low of $38.23 and a 52-week high of $77.18.

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Trip.com Group Dividend Announcement

The company also recently announced a -- dividend, which will be paid on Friday, April 4th. Stockholders of record on Monday, March 17th will be issued a dividend of $0.30 per share. The ex-dividend date is Monday, March 17th. Trip.com Group's dividend payout ratio (DPR) is 8.02%.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on TCOM. Macquarie lifted their target price on shares of Trip.com Group from $75.40 to $80.80 and gave the stock an "outperform" rating in a research note on Wednesday, November 20th. Hsbc Global Res upgraded shares of Trip.com Group from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, November 19th. Barclays raised their price target on shares of Trip.com Group from $76.00 to $84.00 and gave the stock an "overweight" rating in a research report on Wednesday, November 20th. TD Cowen raised their price target on shares of Trip.com Group from $56.00 to $71.00 and gave the stock a "buy" rating in a research report on Tuesday, November 19th. Finally, Benchmark reissued a "buy" rating and set a $80.00 price target on shares of Trip.com Group in a research report on Tuesday, February 25th. One investment analyst has rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus price target of $77.08.

Trip.com Group Profile

Trip.com Group Limited, through its subsidiaries, operates as a travel service provider for accommodation reservation, transportation ticketing, packaged tours and in-destination, corporate travel management, and other travel-related services in China and internationally. The company acts as an agent for hotel-related transactions and selling air tickets, as well as provides train, long-distance bus, and ferry tickets; travel insurance products, such as flight delay, air accident, and baggage loss coverage; and air-ticket delivery, online check-in and seat selection, express security screening, real-time flight status tracker, and airport VIP lounge services.