Trip.com Group Limited (NASDAQ:TCOM) is Trivest Advisors Ltd's 5th Largest Position

Trivest Advisors Ltd boosted its stake in Trip.com Group Limited (NASDAQ:TCOM - Free Report) by 56.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,657,000 shares of the company's stock after purchasing an additional 598,000 shares during the period. Trip.com Group comprises approximately 5.2% of Trivest Advisors Ltd's investment portfolio, making the stock its 5th biggest position. Trivest Advisors Ltd owned approximately 0.26% of Trip.com Group worth $113,770,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of TCOM. Brooklyn Investment Group bought a new stake in Trip.com Group during the fourth quarter valued at $25,000. Rakuten Securities Inc. boosted its position in Trip.com Group by 1,496.7% during the fourth quarter. Rakuten Securities Inc. now owns 479 shares of the company's stock valued at $33,000 after acquiring an additional 449 shares during the last quarter. Principal Securities Inc. boosted its position in Trip.com Group by 46.8% during the fourth quarter. Principal Securities Inc. now owns 530 shares of the company's stock valued at $36,000 after acquiring an additional 169 shares during the last quarter. RPg Family Wealth Advisory LLC bought a new stake in Trip.com Group during the third quarter valued at $38,000. Finally, Farther Finance Advisors LLC boosted its position in Trip.com Group by 443.5% during the fourth quarter. Farther Finance Advisors LLC now owns 625 shares of the company's stock valued at $43,000 after acquiring an additional 510 shares during the last quarter. 35.41% of the stock is currently owned by institutional investors and hedge funds.

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Trip.com Group Stock Down 0.5 %

Shares of TCOM traded down $0.30 on Friday, reaching $64.23. The company's stock had a trading volume of 4,119,253 shares, compared to its average volume of 3,884,148. 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 Limited has a twelve month low of $38.23 and a twelve month high of $77.18. The stock has a market capitalization of $41.37 billion, a PE ratio of 19.23, a PEG ratio of 0.67 and a beta of 0.38. The firm has a fifty day moving average of $65.84 and a 200-day moving average of $63.95.

Trip.com Group Announces Dividend

The firm also recently announced a -- dividend, which will be paid on Friday, April 4th. Investors of record on Monday, March 17th will be issued a $0.30 dividend. The ex-dividend date of this dividend is Monday, March 17th. Trip.com Group's dividend payout ratio is presently 8.02%.

Analyst Ratings Changes

A number of analysts have commented on TCOM shares. Citigroup upped their price target on shares of Trip.com Group from $73.00 to $78.00 and gave the company a "buy" rating in a research report on Friday, January 3rd. JPMorgan Chase & Co. cut their price target 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 cut shares of Trip.com Group from a "buy" rating to a "hold" rating in a research report on Wednesday, February 26th. Finally, Benchmark reissued a "buy" rating and set a $80.00 price objective 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 given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Trip.com Group has a consensus rating of "Buy" and a consensus 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.