B. Metzler seel. Sohn & Co. AG Has $9.34 Million Stock Holdings in Trip.com Group Limited (NASDAQ:TCOM)

B. Metzler seel. Sohn & Co. AG grew its stake in Trip.com Group Limited (NASDAQ:TCOM) by 17.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 136,012 shares of the company’s stock after acquiring an additional 19,976 shares during the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in Trip.com Group were worth $9,339,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of TCOM. Brooklyn Investment Group bought a new position in shares of Trip.com Group during the 4th quarter valued at about $25,000. Rakuten Securities Inc. raised its position in Trip.com Group by 1,496.7% in the 4th quarter. Rakuten Securities Inc. now owns 479 shares of the company’s stock valued at $33,000 after buying an additional 449 shares during the last quarter. Principal Securities Inc. lifted its stake 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 acquiring an additional 169 shares in the last quarter. Farther Finance Advisors LLC lifted its stake in Trip.com Group by 443.5% in the 4th quarter. Farther Finance Advisors LLC now owns 625 shares of the company’s stock valued at $43,000 after acquiring an additional 510 shares in the last quarter. Finally, SBI Securities Co. Ltd. acquired a new position in Trip.com Group during the 4th quarter worth approximately $94,000. 35.41% of the stock is currently owned by institutional investors and hedge funds.

Trip.com Group Stock Performance

TCOM opened at $62.68 on Monday. Trip.com Group Limited has a 1 year low of $38.23 and a 1 year high of $77.18. 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 company has a market capitalization of $40.37 billion, a PE ratio of 18.77, a price-to-earnings-growth ratio of 0.67 and a beta of 0.38. The business has a fifty day simple moving average of $65.69 and a 200 day simple moving average of $64.52.

Trip.com Group Dividend Announcement

The firm also recently declared a — dividend, which will be paid on Friday, April 4th. Investors of record on Monday, March 17th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Monday, March 17th. Trip.com Group’s dividend payout ratio is 8.02%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on TCOM shares. Citigroup increased their price objective on shares of Trip.com Group from $73.00 to $78.00 and gave the stock a “buy” rating in a research note on Friday, January 3rd. StockNews.com downgraded Trip.com Group from a “buy” rating to a “hold” rating in a research note on Wednesday, February 26th. JPMorgan Chase & Co. dropped their price objective 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, Benchmark reissued a “buy” rating and issued a $80.00 target price on shares of Trip.com Group in a research note on Tuesday, February 25th. One analyst has rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price 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.