Sei Investments Co. Has $84.61 Million Stock Holdings in Trip.com Group Limited (NASDAQ:TCOM)

Sei Investments Co. increased its position in shares of Trip.com Group Limited (NASDAQ:TCOM - Free Report) by 27.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,232,292 shares of the company's stock after acquiring an additional 265,436 shares during the period. Sei Investments Co. owned approximately 0.19% of Trip.com Group worth $84,609,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. FMR LLC lifted its stake in Trip.com Group by 32.8% during the third quarter. FMR LLC now owns 11,123,783 shares of the company's stock valued at $661,086,000 after purchasing an additional 2,749,365 shares during the last quarter. Sanders Capital LLC boosted its stake in shares of Trip.com Group by 34.7% during the 3rd quarter. Sanders Capital LLC now owns 9,566,403 shares of the company's stock worth $568,531,000 after acquiring an additional 2,462,767 shares in the last quarter. Aspex Management HK Ltd purchased a new position in Trip.com Group in the 3rd quarter worth about $128,962,000. Wellington Management Group LLP raised its holdings in Trip.com Group by 557.8% during the 3rd quarter. Wellington Management Group LLP now owns 2,263,048 shares of the company's stock worth $134,493,000 after buying an additional 1,919,006 shares during the period. Finally, ARGA Investment Management LP boosted its holdings in shares of Trip.com Group by 46.9% in the third quarter. ARGA Investment Management LP now owns 5,899,404 shares of the company's stock worth $350,602,000 after buying an additional 1,884,044 shares during the period. 35.41% of the stock is currently owned by institutional investors.

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Trip.com Group Stock Performance

Shares of TCOM stock traded down $0.33 during trading on Tuesday, reaching $63.58. The company had a trading volume of 2,625,010 shares, compared to its average volume of 3,881,098. The firm's 50 day simple moving average is $65.84 and its two-hundred day simple moving average is $64.06. Trip.com Group Limited has a one year low of $38.23 and a one year high of $77.18. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.42 and a quick ratio of 1.42. The company has a market capitalization of $40.95 billion, a PE ratio of 19.04, a PEG ratio of 0.67 and a beta of 0.38.

Trip.com Group Dividend Announcement

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

Analyst Upgrades and Downgrades

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

About Trip.com Group

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.