Generali Investments CEE investicni spolecnost a.s. Makes New Investment in Trip.com Group Limited (NASDAQ:TCOM)

Generali Investments CEE investicni spolecnost a.s. purchased a new position in shares of Trip.com Group Limited (NASDAQ:TCOM) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 7,600 shares of the company’s stock, valued at approximately $522,000.

Several other institutional investors also recently made changes to their positions in TCOM. QRG Capital Management Inc. lifted its stake in shares of Trip.com Group by 5.0% during the 3rd quarter. QRG Capital Management Inc. now owns 14,465 shares of the company’s stock worth $860,000 after purchasing an additional 693 shares during the period. Principal Financial Group Inc. lifted its holdings in 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 during the last quarter. XY Capital Ltd acquired a new stake in shares of Trip.com Group in the 3rd quarter worth about $19,356,000. Atria Investments Inc acquired a new stake in Trip.com Group in the third quarter worth about $232,000. Finally, GSA Capital Partners LLP acquired a new stake in Trip.com Group in the third quarter worth approximately $384,000. 35.41% of the stock is currently owned by hedge funds and other institutional investors.

Trip.com Group Price Performance

TCOM opened at $63.83 on Friday. Trip.com Group Limited has a 52-week low of $38.23 and a 52-week high of $77.18. The stock has a market capitalization of $41.11 billion, a PE ratio of 19.11, a price-to-earnings-growth ratio of 0.67 and a beta of 0.38. The stock’s 50 day moving average price is $66.34 and its 200-day moving average price is $62.53. 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 Dividend Announcement

The firm also recently announced a — dividend, which will be paid on Friday, April 4th. Shareholders of record on Monday, March 17th will be given a $0.30 dividend. The ex-dividend date is Monday, March 17th. Trip.com Group’s dividend payout ratio (DPR) is 8.02%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on TCOM. Benchmark reissued a “buy” rating and set a $80.00 price target on shares of Trip.com Group in a research report on Tuesday, February 25th. HSBC raised Trip.com Group from a “hold” rating to a “buy” rating and set a $75.00 price objective on the stock in a report on Tuesday, November 19th. Mizuho boosted their price target 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. Macquarie upped their price objective on Trip.com Group from $75.40 to $80.80 and gave the stock an “outperform” rating in a report on Wednesday, November 20th. Finally, JPMorgan Chase & Co. decreased their price objective 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. One analyst has rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $77.08.

About Trip.com Group

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.