Trip.com Group Limited Sponsored ADR $TCOM Shares Sold by Capital International Sarl

Capital International Sarl cut its stake in Trip.com Group Limited Sponsored ADR (NASDAQ:TCOM) by 19.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 645,243 shares of the company’s stock after selling 158,277 shares during the period. Capital International Sarl’s holdings in Trip.com Group were worth $46,399,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of TCOM. Capital World Investors boosted its stake in Trip.com Group by 5.3% in the third quarter. Capital World Investors now owns 37,884,726 shares of the company’s stock valued at $2,849,066,000 after acquiring an additional 1,912,238 shares in the last quarter. CIBC Bancorp USA Inc. acquired a new stake in shares of Trip.com Group in the 3rd quarter valued at about $56,979,000. Sanders Capital LLC boosted its position in shares of Trip.com Group by 7.2% in the 3rd quarter. Sanders Capital LLC now owns 9,868,196 shares of the company’s stock valued at $742,088,000 after purchasing an additional 662,230 shares during the period. Voloridge Investment Management LLC acquired a new stake in shares of Trip.com Group in the 3rd quarter valued at about $48,273,000. Finally, Temasek Holdings Private Ltd boosted its position in shares of Trip.com Group by 40.5% in the 3rd quarter. Temasek Holdings Private Ltd now owns 1,340,202 shares of the company’s stock valued at $100,783,000 after purchasing an additional 386,333 shares during the period. Institutional investors and hedge funds own 35.41% of the company’s stock.

Trip.com Group Stock Down 0.8%

TCOM opened at $47.69 on Friday. The business has a 50 day moving average price of $50.82 and a two-hundred day moving average price of $58.99. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.07. The company has a market cap of $30.98 billion, a PE ratio of 7.12, a P/E/G ratio of 3.31 and a beta of -0.07. Trip.com Group Limited Sponsored ADR has a 52 week low of $45.92 and a 52 week high of $78.99.

Trip.com Group (NASDAQ:TCOM) last posted its quarterly earnings data on Saturday, February 14th. The company reported $0.71 EPS for the quarter. The firm had revenue of $2.20 billion during the quarter. Trip.com Group had a return on equity of 18.56% and a net margin of 53.28%. As a group, research analysts anticipate that Trip.com Group Limited Sponsored ADR will post 3.61 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. TD Cowen decreased their target price on Trip.com Group from $73.00 to $68.00 and set a “buy” rating for the company in a research report on Thursday, February 26th. Zacks Research cut Trip.com Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 20th. Morgan Stanley reissued an “overweight” rating and issued a $75.00 target price on shares of Trip.com Group in a research report on Thursday, February 26th. Benchmark decreased their target price on Trip.com Group from $82.00 to $72.00 and set a “buy” rating for the company in a research report on Thursday, February 26th. Finally, Barclays reissued an “overweight” rating and issued a $75.00 target price on shares of Trip.com Group in a research report on Thursday, February 26th. Eight equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, Trip.com Group presently has an average rating of “Moderate Buy” and an average price target of $77.50.

Trip.com Group Company Profile

Trip.com Group (NASDAQ: TCOM) is a China-based online travel services company that provides a broad range of consumer and business travel products. The company operates consumer-facing travel platforms and mobile apps that enable users to search, book and manage hotel reservations, airline tickets, packaged tours, rail travel, car rentals, airport transfers and local activities. It also offers corporate travel management and B2B solutions that support travel suppliers and downstream distribution partners.

Headquartered in Shanghai, Trip.com Group serves customers across China and increasingly in international markets through a portfolio of brands and global distribution channels.