Hel Ved Capital Management Ltd bought a new position in Trip.com Group Limited (NASDAQ:TCOM - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 17,600 shares of the company's stock, valued at approximately $1,208,000.
Other hedge funds have also bought and sold shares of the company. Brooklyn Investment Group acquired a new position in shares of Trip.com Group in the 4th quarter worth approximately $25,000. National Bank of Canada FI raised its holdings in shares of Trip.com Group by 227.7% during the fourth quarter. National Bank of Canada FI now owns 462 shares of the company's stock worth $32,000 after purchasing an additional 321 shares during the period. Rakuten Securities Inc. raised its holdings in shares of Trip.com Group by 1,496.7% during the fourth quarter. Rakuten Securities Inc. now owns 479 shares of the company's stock worth $33,000 after purchasing an additional 449 shares during the period. Principal Securities Inc. lifted its position in shares of 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 buying an additional 169 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its holdings in shares of Trip.com Group by 443.5% in the 4th quarter. Farther Finance Advisors LLC now owns 625 shares of the company's stock valued at $43,000 after buying an additional 510 shares during the period. 35.41% of the stock is currently owned by institutional investors and hedge funds.
Trip.com Group Price Performance
Shares of NASDAQ TCOM traded down $0.68 during midday trading on Thursday, reaching $54.11. The company's stock had a trading volume of 5,294,167 shares, compared to its average volume of 4,003,786. Trip.com Group Limited has a one year low of $38.23 and a one year high of $77.18. The company has a market cap of $34.85 billion, a price-to-earnings ratio of 16.15, a price-to-earnings-growth ratio of 0.67 and a beta of 0.12. The company has a 50 day moving average price of $63.21 and a 200 day moving average price of $64.98. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.14.
Trip.com Group Announces Dividend
The business also recently disclosed a -- dividend, which was paid on Friday, April 4th. Stockholders of record on Monday, March 17th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Monday, March 17th. Trip.com Group's dividend payout ratio (DPR) is presently 8.02%.
Analyst Ratings Changes
A number of analysts have recently weighed in on TCOM shares. Benchmark reiterated a "buy" rating and set a $80.00 price target on shares of Trip.com Group in a research report on Tuesday, February 25th. JPMorgan Chase & Co. lowered 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. StockNews.com downgraded shares of Trip.com Group from a "buy" rating to a "hold" rating in a research report on Wednesday, February 26th. Finally, Citigroup upped their target price on shares of Trip.com Group from $73.00 to $78.00 and gave the stock a "buy" rating in a research report on Friday, January 3rd. One equities research 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 data from MarketBeat.com, Trip.com Group currently has an average rating of "Buy" and an average target price of $77.08.
Read Our Latest Research Report on TCOM
Trip.com Group Company Profile
(
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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