Generali Investments CEE investicni spolecnost a.s. Invests $522,000 in Trip.com Group Limited (NASDAQ:TCOM)

Generali Investments CEE investicni spolecnost a.s. acquired a new position in shares of Trip.com Group Limited (NASDAQ:TCOM - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 7,600 shares of the company's stock, valued at approximately $522,000.

A number of other large investors have also recently made changes to their positions in the business. Bank Julius Baer & Co. Ltd Zurich bought a new stake in shares of Trip.com Group during the fourth quarter worth about $121,000. Raymond James Financial Inc. bought a new stake in Trip.com Group during the 4th quarter worth approximately $4,192,000. M&T Bank Corp increased its holdings in Trip.com Group by 62.6% during the 4th quarter. M&T Bank Corp now owns 6,123 shares of the company's stock worth $420,000 after purchasing an additional 2,358 shares in the last quarter. Atria Investments Inc raised its stake in shares of Trip.com Group by 111.8% in the fourth quarter. Atria Investments Inc now owns 8,281 shares of the company's stock worth $569,000 after purchasing an additional 4,372 shares during the last quarter. Finally, Assetmark Inc. lifted its holdings in shares of Trip.com Group by 16.8% in the fourth quarter. Assetmark Inc. now owns 60,039 shares of the company's stock valued at $4,122,000 after purchasing an additional 8,653 shares in the last quarter. 35.41% of the stock is owned by institutional investors.

Trip.com Group Stock Performance

Shares of TCOM traded up $0.03 during mid-day trading on Wednesday, hitting $61.62. The stock had a trading volume of 4,459,273 shares, compared to its average volume of 3,867,639. Trip.com Group Limited has a 52 week low of $38.23 and a 52 week high of $77.18. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.42 and a quick ratio of 1.42. The business has a fifty day moving average price of $66.07 and a 200-day moving average price of $62.94. The firm has a market cap of $39.69 billion, a P/E ratio of 18.45, a PEG ratio of 0.67 and a beta of 0.38.

Remove Ads

Trip.com Group Dividend Announcement

The firm also recently announced a -- dividend, which will be paid on Friday, April 4th. Shareholders of record on Monday, March 17th will be given a dividend of $0.30 per share. The ex-dividend date is Monday, March 17th. Trip.com Group's dividend payout ratio is presently 8.02%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on TCOM shares. Benchmark reiterated a "buy" rating and set a $80.00 price target on shares of Trip.com Group in a report on Tuesday, February 25th. TD Cowen increased their target price on shares of Trip.com Group from $56.00 to $71.00 and gave the company a "buy" rating in a report on Tuesday, November 19th. Barclays raised their price target on shares of Trip.com Group from $76.00 to $84.00 and gave the company an "overweight" rating in a research report on Wednesday, November 20th. Macquarie increased their price objective on shares of Trip.com Group from $75.40 to $80.80 and gave the company an "outperform" rating in a research note on Wednesday, November 20th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Trip.com Group from $80.00 to $75.00 and set an "overweight" rating on the stock in a research report on Thursday, February 27th. One research analyst has rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of "Buy" and a consensus target price of $77.08.

Trip.com Group Company 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.