O Shaughnessy Asset Management LLC grew its stake in shares of Trip.com Group Limited (NASDAQ:TCOM - Free Report) by 33.6% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 45,675 shares of the company's stock after buying an additional 11,479 shares during the quarter. O Shaughnessy Asset Management LLC's holdings in Trip.com Group were worth $3,136,000 as of its most recent SEC filing.
Several other institutional investors also recently modified their holdings of the stock. Brooklyn Investment Group acquired a new position in Trip.com Group in the 4th quarter worth about $25,000. Rakuten Securities Inc. grew 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 last quarter. Principal Securities Inc. increased its stake in shares of Trip.com Group by 46.8% in the fourth quarter. Principal Securities Inc. now owns 530 shares of the company's stock valued at $36,000 after buying an additional 169 shares during the period. Farther Finance Advisors LLC raised its holdings in 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 last quarter. Finally, SBI Securities Co. Ltd. acquired a new stake in Trip.com Group during the 4th quarter worth approximately $94,000. 35.41% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
TCOM has been the subject of several recent research reports. JPMorgan Chase & Co. decreased 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. 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. StockNews.com lowered Trip.com Group from a "buy" rating to a "hold" rating in a research report on Wednesday, February 26th. Finally, Citigroup raised their price objective 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. One research analyst has rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target of $77.08.
Check Out Our Latest Stock Report on Trip.com Group
Trip.com Group Price Performance
Shares of TCOM opened at $61.20 on Friday. The firm has a market cap of $39.42 billion, a PE ratio of 18.32, a price-to-earnings-growth ratio of 0.67 and a beta of 0.38. 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 quick ratio of 1.42 and a current ratio of 1.42. The business's 50 day moving average price is $65.30 and its two-hundred day moving average price is $64.72.
Trip.com Group Dividend Announcement
The business also recently declared a -- dividend, which will be paid on Friday, April 4th. Shareholders of record on Monday, March 17th will be issued a $0.30 dividend. The ex-dividend date is Monday, March 17th. Trip.com Group's payout ratio is 8.02%.
Trip.com Group Company Profile
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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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