Trip.com Group Limited (NASDAQ:TCOM) Shares Sold by Marshall Wace LLP

Marshall Wace LLP lowered its stake in Trip.com Group Limited (NASDAQ:TCOM - Free Report) by 66.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 819,434 shares of the company's stock after selling 1,606,012 shares during the quarter. Marshall Wace LLP owned 0.13% of Trip.com Group worth $56,262,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Brooklyn Investment Group purchased a new stake in shares of Trip.com Group during the fourth quarter worth $25,000. National Bank of Canada FI grew its stake in Trip.com Group by 227.7% during 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 in the last quarter. Rakuten Securities Inc. increased its position in shares of Trip.com Group by 1,496.7% during the 4th 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. raised its holdings 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 buying an additional 169 shares during the period. Finally, Farther Finance Advisors LLC grew its position in shares of Trip.com Group by 443.5% during the fourth quarter. Farther Finance Advisors LLC now owns 625 shares of the company's stock worth $43,000 after buying an additional 510 shares in the last quarter. 35.41% of the stock is currently owned by hedge funds and other institutional investors.

Trip.com Group Stock Performance

TCOM traded up $1.43 during trading on Wednesday, hitting $58.30. The stock had a trading volume of 2,946,316 shares, compared to its average volume of 4,068,368. The firm has a market capitalization of $37.55 billion, a P/E ratio of 17.46, a PEG ratio of 0.67 and a beta of 0.12. 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 $60.77 and its 200 day moving average price is $64.68.

Trip.com Group Announces Dividend

The firm 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 currently 8.02%.

Wall Street Analysts Forecast Growth

Several research firms have commented on TCOM. JPMorgan Chase & Co. lowered 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 report on Thursday, February 27th. StockNews.com upgraded Trip.com Group from a "hold" rating to a "buy" rating in a research note on Friday, April 18th. Benchmark reaffirmed a "buy" rating and set a $80.00 price objective on shares of Trip.com Group in a research report on Tuesday, February 25th. Finally, Citigroup boosted their target price on Trip.com Group from $73.00 to $78.00 and gave the stock a "buy" rating in a research note on Friday, January 3rd. Eleven research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Trip.com Group presently has an average rating of "Buy" and a consensus target price 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.