Massachusetts Financial Services Co. MA Has $31.96 Million Stock Holdings in Trip.com Group Limited (NASDAQ:TCOM)

Massachusetts Financial Services Co. MA increased its holdings in shares of Trip.com Group Limited (NASDAQ:TCOM) by 17.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 465,468 shares of the company’s stock after buying an additional 70,414 shares during the quarter. Massachusetts Financial Services Co. MA’s holdings in Trip.com Group were worth $31,959,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. National Bank of Canada FI grew its stake in Trip.com Group by 227.7% during the 4th quarter. National Bank of Canada FI now owns 462 shares of the company’s stock valued at $32,000 after acquiring an additional 321 shares in the last quarter. B. Metzler seel. Sohn & Co. AG boosted its holdings in shares of Trip.com Group by 17.2% during the fourth quarter. B. Metzler seel. Sohn & Co. AG now owns 136,012 shares of the company’s stock worth $9,339,000 after purchasing an additional 19,976 shares during the period. Alliancebernstein L.P. acquired a new position in Trip.com Group in the 4th quarter valued at approximately $1,358,000. Axiom Investors LLC DE lifted its position in Trip.com Group by 79.2% in the 4th quarter. Axiom Investors LLC DE now owns 1,131,000 shares of the company’s stock worth $77,654,000 after buying an additional 499,823 shares in the last quarter. Finally, Wellington Management Group LLP boosted its stake in shares of Trip.com Group by 92.9% during the 4th quarter. Wellington Management Group LLP now owns 4,364,985 shares of the company’s stock valued at $299,700,000 after buying an additional 2,101,937 shares during the period. 35.41% of the stock is owned by institutional investors and hedge funds.

Trip.com Group Price Performance

Shares of Trip.com Group stock opened at $55.89 on Monday. Trip.com Group Limited has a 1-year low of $38.23 and a 1-year high of $77.18. The firm has a fifty day simple moving average of $64.99 and a 200-day simple moving average of $65.04. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $36.00 billion, a price-to-earnings ratio of 16.73, a PEG ratio of 0.67 and a beta of 0.12.

Trip.com Group Announces Dividend

The company also recently declared a — dividend, which was paid on Friday, April 4th. Shareholders of record on Monday, March 17th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Monday, March 17th. Trip.com Group’s dividend payout ratio (DPR) is 8.02%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on TCOM shares. Citigroup upped their price target 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. Benchmark reissued a “buy” rating and issued a $80.00 price target on shares of Trip.com Group in a research note on Tuesday, February 25th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Trip.com Group from $80.00 to $75.00 and set an “overweight” rating on the stock in a research report on Thursday, February 27th. One analyst has rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company presently has a consensus 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.