Trip.com Group Limited (NASDAQ:TCOM) is Trivest Advisors Ltd’s 5th Largest Position

Trivest Advisors Ltd increased its stake in shares of Trip.com Group Limited (NASDAQ:TCOM) by 56.5% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 1,657,000 shares of the company’s stock after purchasing an additional 598,000 shares during the period. Trip.com Group accounts for 5.2% of Trivest Advisors Ltd’s investment portfolio, making the stock its 5th largest position. Trivest Advisors Ltd owned about 0.26% of Trip.com Group worth $113,770,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in TCOM. Brooklyn Investment Group bought a new position in shares of Trip.com Group in the fourth quarter valued at approximately $25,000. Rakuten Securities Inc. lifted its stake in Trip.com Group by 1,496.7% in the 4th quarter. Rakuten Securities Inc. now owns 479 shares of the company’s stock worth $33,000 after purchasing an additional 449 shares in the last quarter. Principal Securities Inc. boosted 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 purchasing an additional 169 shares during the period. RPg Family Wealth Advisory LLC purchased a new position in shares of Trip.com Group during the 3rd quarter valued at $38,000. Finally, Farther Finance Advisors LLC increased its holdings in shares of Trip.com Group by 443.5% in the fourth 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. Institutional investors own 35.41% of the company’s stock.

Trip.com Group Stock Down 0.9 %

Shares of NASDAQ:TCOM opened at $66.09 on Wednesday. The stock has a market capitalization of $42.57 billion, a P/E ratio of 19.79, a price-to-earnings-growth ratio of 0.67 and a beta of 0.38. The stock’s 50-day moving average price is $65.78 and its 200-day moving average price is $63.57. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.14. Trip.com Group Limited has a 12-month low of $38.23 and a 12-month high of $77.18.

Trip.com Group Announces Dividend

The business also recently disclosed 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 payout ratio is currently 8.02%.

Analyst Upgrades and Downgrades

TCOM has been the subject of several recent analyst reports. StockNews.com cut Trip.com Group from a “buy” rating to a “hold” rating in a research report on Wednesday, February 26th. JPMorgan Chase & Co. cut their price objective on Trip.com Group from $80.00 to $75.00 and set an “overweight” rating for the company in a report on Thursday, February 27th. Hsbc Global Res raised shares of Trip.com Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 19th. Barclays boosted their price target on shares of Trip.com Group from $76.00 to $84.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. Finally, TD Cowen raised their price objective on shares of Trip.com Group from $56.00 to $71.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. One research analyst has rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average 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.