Voya Investment Management LLC Has $144.65 Million Holdings in Trip.com Group Limited (NASDAQ:TCOM)

Voya Investment Management LLC increased its stake in Trip.com Group Limited (NASDAQ:TCOM - Free Report) by 751.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,106,740 shares of the company's stock after acquiring an additional 1,859,401 shares during the period. Voya Investment Management LLC owned approximately 0.33% of Trip.com Group worth $144,649,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Geode Capital Management LLC grew its holdings in shares of Trip.com Group by 20.5% in the 3rd quarter. Geode Capital Management LLC now owns 317,894 shares of the company's stock worth $18,892,000 after acquiring an additional 54,072 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in Trip.com Group during the 3rd quarter worth about $385,000. Franklin Resources Inc. lifted its stake in Trip.com Group by 3.4% during the third quarter. Franklin Resources Inc. now owns 526,420 shares of the company's stock valued at $33,501,000 after buying an additional 17,416 shares in the last quarter. Lord Abbett & CO. LLC acquired a new position in shares of Trip.com Group in the third quarter worth about $1,227,000. Finally, Principal Financial Group Inc. increased its position in shares of Trip.com Group by 139.9% in the third quarter. Principal Financial Group Inc. now owns 131,407 shares of the company's stock worth $7,810,000 after acquiring an additional 76,624 shares in the last quarter. Institutional investors own 35.41% of the company's stock.

Trip.com Group Stock Up 1.9 %

Shares of TCOM stock traded up $1.10 on Monday, hitting $58.62. The company's stock had a trading volume of 2,369,120 shares, compared to its average volume of 4,069,647. The stock has a market capitalization of $37.76 billion, a price-to-earnings ratio of 17.55, a P/E/G ratio of 0.67 and a beta of 0.12. Trip.com Group Limited has a fifty-two week low of $38.23 and a fifty-two week high of $77.18. The firm's fifty day moving average price is $60.12 and its 200-day moving average price is $64.55. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.42 and a quick ratio of 1.42.

Trip.com Group Dividend Announcement

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

Analyst Ratings Changes

Several equities analysts have weighed in on TCOM shares. StockNews.com cut shares of Trip.com Group from a "buy" rating to a "hold" rating in a research report on Saturday. Benchmark reissued a "buy" rating and issued a $80.00 price objective on shares of Trip.com Group in a research note on Tuesday, February 25th. JPMorgan Chase & Co. lowered their target price on Trip.com Group from $80.00 to $75.00 and set an "overweight" rating on the stock in a research note on Thursday, February 27th. Finally, Citigroup increased their price target on shares of 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 investment analyst has rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Trip.com Group presently has an average rating of "Buy" and an average price target 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.