Trip.com Group Limited (NASDAQ:TCOM) Shares Acquired by AdvisorShares Investments LLC

AdvisorShares Investments LLC raised its position in shares of Trip.com Group Limited (NASDAQ:TCOM) by 143.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,496 shares of the company’s stock after buying an additional 5,600 shares during the quarter. AdvisorShares Investments LLC’s holdings in Trip.com Group were worth $652,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Headwater Capital Co Ltd bought a new stake in Trip.com Group in the fourth quarter worth about $13,732,000. WT Asset Management Ltd increased its holdings in shares of Trip.com Group by 92.3% during the 4th quarter. WT Asset Management Ltd now owns 44,416 shares of the company’s stock worth $3,050,000 after purchasing an additional 21,316 shares during the period. BOCHK Asset Management Ltd boosted its position in shares of Trip.com Group by 85.7% during the 4th quarter. BOCHK Asset Management Ltd now owns 13,000 shares of the company’s stock valued at $893,000 after acquiring an additional 6,000 shares in the last quarter. Raymond James Financial Inc. bought a new stake in Trip.com Group during the fourth quarter worth about $4,192,000. Finally, Capital Advisory Group Advisory Services LLC bought a new stake in Trip.com Group during the fourth quarter worth about $381,000. 35.41% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on TCOM shares. StockNews.com lowered shares of Trip.com Group from a “buy” rating to a “hold” rating in a report on Saturday. JPMorgan Chase & Co. lowered their price target on 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. Benchmark restated a “buy” rating and set a $80.00 target price on shares of Trip.com Group in a research note on Tuesday, February 25th. Finally, Citigroup lifted their price objective on Trip.com Group from $73.00 to $78.00 and gave the stock a “buy” rating in a research note on Friday, January 3rd. One investment analyst has rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Trip.com Group has a consensus rating of “Buy” and an average price target of $77.08.

Trip.com Group Stock Performance

TCOM opened at $58.62 on Tuesday. 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 firm has a fifty day moving average price of $59.96 and a 200 day moving average price of $64.50. Trip.com Group Limited has a 1 year low of $38.23 and a 1 year high of $77.18. The stock has a market cap of $37.76 billion, a P/E ratio of 17.55, a P/E/G ratio of 0.67 and a beta of 0.12.

Trip.com Group Announces Dividend

The company also recently disclosed a — dividend, which was paid on Friday, April 4th. Investors of record on Monday, March 17th were issued a $0.30 dividend. The ex-dividend date was Monday, March 17th. Trip.com Group’s dividend payout ratio is currently 8.02%.

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.