Jump Financial LLC Makes New Investment in Trip.com Group Limited (NASDAQ:TCOM)

Jump Financial LLC bought a new position in shares of Trip.com Group Limited (NASDAQ:TCOM - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 132,799 shares of the company's stock, valued at approximately $9,118,000.

Other large investors also recently made changes to their positions in the company. Stifel Financial Corp lifted its stake in shares of Trip.com Group by 18.4% in the third quarter. Stifel Financial Corp now owns 17,200 shares of the company's stock worth $1,022,000 after acquiring an additional 2,678 shares during the period. MML Investors Services LLC grew its position in Trip.com Group by 12.3% during the third quarter. MML Investors Services LLC now owns 14,126 shares of the company's stock valued at $839,000 after buying an additional 1,546 shares during the period. M&T Bank Corp purchased a new position in shares of Trip.com Group during the 3rd quarter valued at $224,000. Geode Capital Management LLC grew its stake in Trip.com Group by 20.5% in the 3rd quarter. Geode Capital Management LLC now owns 317,894 shares of the company's stock valued at $18,892,000 after buying an additional 54,072 shares in the last quarter. Finally, Sanctuary Advisors LLC purchased a new stake in shares of Trip.com Group in the 3rd quarter valued at about $385,000. Institutional investors own 35.41% of the company's stock.

Trip.com Group Stock Down 1.3 %

Shares of NASDAQ:TCOM traded down $0.70 during midday trading on Friday, hitting $54.85. 6,300,746 shares of the company's stock traded hands, compared to its average volume of 4,063,801. Trip.com Group Limited has a twelve month low of $38.23 and a twelve month high of $77.18. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.42 and a current ratio of 1.42. The company has a market cap of $35.33 billion, a PE ratio of 16.42, a P/E/G ratio of 0.67 and a beta of 0.12. The firm's fifty day moving average price is $61.28 and its two-hundred day moving average price is $64.83.

Trip.com Group Dividend Announcement

The firm also recently declared a -- dividend, which was paid on Friday, April 4th. Stockholders of record on Monday, March 17th were paid a $0.30 dividend. The ex-dividend date was Monday, March 17th. Trip.com Group's payout ratio is 8.02%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on TCOM shares. Citigroup upped their price objective on shares of 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 restated a "buy" rating and issued a $80.00 price objective on shares of Trip.com Group in a report on Tuesday, February 25th. JPMorgan Chase & Co. decreased their price objective on shares of Trip.com Group from $80.00 to $75.00 and set an "overweight" rating for the company in a report on Thursday, February 27th. Finally, StockNews.com cut Trip.com Group from a "buy" rating to a "hold" rating in a research report on Wednesday, February 26th. One research analyst has rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, Trip.com Group has a consensus rating of "Buy" and an average target price 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.