B. Metzler seel. Sohn & Co. AG lifted its position in shares of Trip.com Group Limited (NASDAQ:TCOM - Free Report) by 17.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 136,012 shares of the company's stock after buying an additional 19,976 shares during the period. B. Metzler seel. Sohn & Co. AG's holdings in Trip.com Group were worth $9,339,000 as of its most recent SEC filing.
Other large investors also recently modified their holdings of the company. Cerity Partners LLC raised its stake in shares of Trip.com Group by 16.1% during the third quarter. Cerity Partners LLC now owns 13,706 shares of the company's stock worth $815,000 after acquiring an additional 1,896 shares in the last quarter. Quantbot Technologies LP lifted its stake in Trip.com Group by 218.1% in the third quarter. Quantbot Technologies LP now owns 16,644 shares of the company's stock worth $989,000 after purchasing an additional 11,412 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Trip.com Group by 2,170.6% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 704,244 shares of the company's stock valued at $41,853,000 after buying an additional 673,228 shares during the period. Flow Traders U.S. LLC bought a new position in shares of Trip.com Group during the third quarter valued at about $922,000. Finally, Caisse DE Depot ET Placement DU Quebec increased its holdings in shares of Trip.com Group by 4.7% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,026,506 shares of the company's stock worth $61,005,000 after buying an additional 46,338 shares during the period. 35.41% of the stock is owned by hedge funds and other institutional investors.
Trip.com Group Trading Down 8.9 %
NASDAQ TCOM traded down $5.47 during trading on Friday, hitting $55.73. The company had a trading volume of 3,925,955 shares, compared to its average volume of 3,916,829. The company's fifty day moving average is $65.30 and its 200-day moving average is $64.72. Trip.com Group Limited has a one year low of $38.23 and a one year high of $77.18. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.14. The company has a market cap of $35.90 billion, a price-to-earnings ratio of 16.66, a price-to-earnings-growth ratio of 0.67 and a beta of 0.12.
Trip.com Group Announces Dividend
The business also recently declared a -- dividend, which will be paid on Friday, April 4th. Investors of record on Monday, March 17th will be paid a $0.30 dividend. The ex-dividend date is Monday, March 17th. Trip.com Group's payout ratio is currently 8.02%.
Analysts Set New Price Targets
Several equities analysts recently issued reports on TCOM shares. Benchmark restated a "buy" rating and set a $80.00 price target on shares of Trip.com Group in a research report on Tuesday, February 25th. StockNews.com cut shares of Trip.com Group from a "buy" rating to a "hold" rating in a report on Wednesday, February 26th. Citigroup upped their price target on shares of Trip.com Group from $73.00 to $78.00 and gave the company a "buy" rating in a report on Friday, January 3rd. Finally, JPMorgan Chase & Co. dropped their price target on shares of Trip.com Group from $80.00 to $75.00 and set an "overweight" rating for the company in a research report on Thursday, February 27th. One investment analyst has rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company has an average rating of "Buy" and a consensus price target of $77.08.
Get Our Latest Stock Report on Trip.com Group
About Trip.com Group
(
Free Report)
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.
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