GUARDCAP ASSET MANAGEMENT Ltd Has $2.73 Million Stock Holdings in Trip.com Group Limited (NASDAQ:TCOM)

GUARDCAP ASSET MANAGEMENT Ltd lessened its holdings in Trip.com Group Limited (NASDAQ:TCOM - Free Report) by 17.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 39,700 shares of the company's stock after selling 8,500 shares during the period. Trip.com Group makes up 0.0% of GUARDCAP ASSET MANAGEMENT Ltd's portfolio, making the stock its 21st biggest position. GUARDCAP ASSET MANAGEMENT Ltd's holdings in Trip.com Group were worth $2,726,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TCOM. Headwater Capital Co Ltd acquired a new position in shares of Trip.com Group in the 4th quarter worth approximately $13,732,000. Massachusetts Financial Services Co. MA boosted its holdings in shares of Trip.com Group by 85.8% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 395,054 shares of the company's stock worth $23,478,000 after acquiring an additional 182,403 shares in the last quarter. WT Asset Management Ltd grew its position in Trip.com Group by 92.3% during the 4th quarter. WT Asset Management Ltd now owns 44,416 shares of the company's stock worth $3,050,000 after acquiring an additional 21,316 shares during the last quarter. BOCHK Asset Management Ltd increased its holdings in Trip.com Group by 85.7% during the 4th quarter. BOCHK Asset Management Ltd now owns 13,000 shares of the company's stock valued at $893,000 after purchasing an additional 6,000 shares in the last quarter. Finally, Capital Advisory Group Advisory Services LLC bought a new position in Trip.com Group in the 4th quarter valued at $381,000. Institutional investors own 35.41% of the company's stock.

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Analysts Set New Price Targets

A number of analysts have recently weighed in on TCOM shares. Citigroup raised their target price on Trip.com Group from $73.00 to $78.00 and gave the company a "buy" rating in a research note on Friday, January 3rd. Benchmark reaffirmed a "buy" rating and issued a $80.00 target price on shares of Trip.com Group in a research note on Tuesday, February 25th. JPMorgan Chase & Co. decreased their price target on shares of Trip.com Group from $80.00 to $75.00 and set an "overweight" rating on the stock in a research note on Thursday, February 27th. Finally, StockNews.com lowered shares of Trip.com Group from a "buy" rating to a "hold" rating in a report on Wednesday, February 26th. One analyst has rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Buy" and a consensus price target of $77.08.

Trip.com Group Stock Down 0.4 %

TCOM stock traded down $0.24 during mid-day trading on Tuesday, hitting $63.67. 3,323,493 shares of the company were exchanged, compared to its average volume of 3,881,098. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.42 and a current ratio of 1.42. Trip.com Group Limited has a 1-year low of $38.23 and a 1-year high of $77.18. The firm's 50 day simple moving average is $65.84 and its 200 day simple moving average is $64.06. The firm has a market cap of $41.01 billion, a P/E ratio of 19.06, a P/E/G ratio of 0.67 and a beta of 0.38.

Trip.com Group Dividend Announcement

The business also recently disclosed a -- dividend, which will be paid on Friday, April 4th. Investors of record on Monday, March 17th will be issued a dividend of $0.30 per share. The ex-dividend date of this dividend is Monday, March 17th. Trip.com Group's payout ratio is 8.02%.

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.