Trip.com Group Limited (NASDAQ:TCOM) Stock Holdings Decreased by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. reduced its position in Trip.com Group Limited (NASDAQ:TCOM) by 3.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,591,240 shares of the company’s stock after selling 62,186 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.25% of Trip.com Group worth $109,255,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Brooklyn Investment Group purchased a new position in shares of Trip.com Group in the fourth quarter worth approximately $25,000. RPg Family Wealth Advisory LLC purchased a new position in shares of Trip.com Group in the third quarter worth approximately $38,000. CWM LLC grew its position in Trip.com Group by 10.4% during the third quarter. CWM LLC now owns 2,327 shares of the company’s stock valued at $138,000 after purchasing an additional 220 shares in the last quarter. Whittier Trust Co. of Nevada Inc. grew its position in Trip.com Group by 101.1% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 3,173 shares of the company’s stock valued at $189,000 after purchasing an additional 1,595 shares in the last quarter. Finally, Aaron Wealth Advisors LLC purchased a new position in Trip.com Group during the fourth quarter valued at approximately $232,000. 35.41% of the stock is owned by hedge funds and other institutional investors.

Trip.com Group Price Performance

NASDAQ TCOM opened at $71.44 on Wednesday. Trip.com Group Limited has a fifty-two week low of $35.90 and a fifty-two week high of $77.18. The stock’s 50-day moving average is $68.26 and its two-hundred day moving average is $58.21. 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 firm has a market cap of $46.01 billion, a P/E ratio of 21.39, a price-to-earnings-growth ratio of 0.93 and a beta of 0.37.

Analyst Ratings Changes

TCOM has been the topic of a number of research analyst reports. Hsbc Global Res raised shares of Trip.com Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, November 19th. Citigroup boosted their price objective 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. Sanford C. Bernstein initiated coverage on shares of Trip.com Group in a research report on Monday, November 4th. They set an “outperform” rating and a $85.00 price objective on the stock. Barclays boosted their price objective on shares of Trip.com Group from $76.00 to $84.00 and gave the company an “overweight” rating in a research report on Wednesday, November 20th. Finally, Mizuho boosted their price objective on shares of Trip.com Group from $65.00 to $78.00 and gave the company an “outperform” rating in a research report on Tuesday, November 12th. Eleven investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $74.78.

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.