Trip.com Group Limited (NASDAQ:TCOM) Shares Sold by APG Asset Management N.V.

APG Asset Management N.V. lowered its stake in shares of Trip.com Group Limited (NASDAQ:TCOM - Free Report) by 24.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,306,400 shares of the company's stock after selling 432,800 shares during the quarter. APG Asset Management N.V. owned approximately 0.20% of Trip.com Group worth $86,622,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Brooklyn Investment Group acquired a new position in Trip.com Group during the fourth quarter worth approximately $25,000. National Bank of Canada FI increased its holdings in shares of Trip.com Group by 227.7% in the 4th quarter. National Bank of Canada FI now owns 462 shares of the company's stock valued at $32,000 after acquiring an additional 321 shares during the period. Rakuten Securities Inc. raised its position in Trip.com Group by 1,496.7% in the 4th quarter. Rakuten Securities Inc. now owns 479 shares of the company's stock valued at $33,000 after purchasing an additional 449 shares during the last quarter. Principal Securities Inc. raised its position in Trip.com Group by 46.8% in the 4th quarter. Principal Securities Inc. now owns 530 shares of the company's stock valued at $36,000 after purchasing an additional 169 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its stake in Trip.com Group by 443.5% during the 4th quarter. Farther Finance Advisors LLC now owns 625 shares of the company's stock worth $43,000 after purchasing an additional 510 shares during the period. Hedge funds and other institutional investors own 35.41% of the company's stock.

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Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. StockNews.com cut shares of Trip.com Group from a "buy" rating to a "hold" rating in a report on Wednesday, February 26th. Benchmark reaffirmed a "buy" rating and set a $80.00 price objective on shares of Trip.com Group in a research note on Tuesday, February 25th. Citigroup increased 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. Finally, JPMorgan Chase & Co. dropped their target price on Trip.com Group from $80.00 to $75.00 and set an "overweight" rating on the stock in a report on Thursday, February 27th. One research analyst has rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Buy" and a consensus target price of $77.08.

Trip.com Group Price Performance

TCOM stock traded up $0.54 on Friday, reaching $54.73. 5,569,475 shares of the company's stock were exchanged, compared to its average volume of 4,023,139. Trip.com Group Limited has a twelve month low of $38.23 and a twelve month high of $77.18. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.14. The stock has a fifty day moving average of $62.52 and a 200-day moving average of $65.02. The firm has a market cap of $35.25 billion, a PE ratio of 16.39, a P/E/G ratio of 0.67 and a beta of 0.12.

Trip.com Group Announces Dividend

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

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.