Trip.com Group Limited (NASDAQ:TCOM) is Kontiki Capital Management HK Ltd.'s 5th Largest Position

Kontiki Capital Management HK Ltd. cut its stake in shares of Trip.com Group Limited (NASDAQ:TCOM - Free Report) by 33.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,866,440 shares of the company's stock after selling 924,706 shares during the quarter. Trip.com Group makes up approximately 11.2% of Kontiki Capital Management HK Ltd.'s portfolio, making the stock its 5th biggest position. Kontiki Capital Management HK Ltd. owned 0.29% of Trip.com Group worth $128,150,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Atria Investments Inc purchased a new stake in Trip.com Group during the 3rd quarter worth about $232,000. Victory Capital Management Inc. lifted its stake in Trip.com Group by 45.5% during the third quarter. Victory Capital Management Inc. now owns 10,985 shares of the company's stock worth $653,000 after purchasing an additional 3,433 shares during the last quarter. Natixis Advisors LLC boosted its holdings in Trip.com Group by 10.0% in the third quarter. Natixis Advisors LLC now owns 42,561 shares of the company's stock valued at $2,529,000 after purchasing an additional 3,883 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in Trip.com Group by 85.8% in the third quarter. Massachusetts Financial Services Co. MA now owns 395,054 shares of the company's stock valued at $23,478,000 after purchasing an additional 182,403 shares in the last quarter. Finally, Citigroup Inc. increased its stake in Trip.com Group by 45.6% in the third quarter. Citigroup Inc. now owns 310,154 shares of the company's stock valued at $18,432,000 after purchasing an additional 97,067 shares during the last quarter. 35.41% of the stock is currently owned by hedge funds and other institutional investors.

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Trip.com Group Stock Performance

TCOM traded down $0.24 during trading on Tuesday, hitting $63.67. The stock had a trading volume of 3,323,732 shares, compared to its average volume of 3,881,098. The firm has a market capitalization of $41.01 billion, a P/E ratio of 19.06, a PEG ratio of 0.67 and a beta of 0.38. 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 twelve month low of $38.23 and a twelve month high of $77.18. The company's 50-day moving average price is $65.84 and its 200 day moving average price is $64.06.

Trip.com Group Announces Dividend

The firm 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 dividend payout ratio is presently 8.02%.

Analysts Set New Price Targets

TCOM has been the subject of several research analyst reports. StockNews.com cut shares of Trip.com Group from a "buy" rating to a "hold" rating in a report on Wednesday, February 26th. Citigroup lifted their target price on Trip.com Group from $73.00 to $78.00 and gave the stock a "buy" rating in a research report on Friday, January 3rd. JPMorgan Chase & Co. decreased their target price on 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. Finally, Benchmark reaffirmed a "buy" rating and set a $80.00 price target on shares of Trip.com Group in a research report on Tuesday, February 25th. One 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 company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and an average price target 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.