Two Sigma Securities LLC Has $277,000 Stock Position in Trip.com Group Limited (NASDAQ:TCOM)

Two Sigma Securities LLC lowered its stake in Trip.com Group Limited (NASDAQ:TCOM) by 30.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,031 shares of the company’s stock after selling 1,753 shares during the period. Two Sigma Securities LLC’s holdings in Trip.com Group were worth $277,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of TCOM. Brooklyn Investment Group bought a new position in shares of Trip.com Group during the fourth quarter valued at $25,000. National Bank of Canada FI grew its holdings in shares of Trip.com Group by 227.7% during the fourth quarter. National Bank of Canada FI now owns 462 shares of the company’s stock valued at $32,000 after buying an additional 321 shares during the last quarter. Rakuten Securities Inc. grew its holdings in shares of Trip.com Group by 1,496.7% during the fourth 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. grew its holdings in shares of Trip.com Group by 46.8% during the fourth quarter. Principal Securities Inc. now owns 530 shares of the company’s stock valued at $36,000 after buying an additional 169 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its holdings in shares of Trip.com Group by 443.5% during the fourth quarter. Farther Finance Advisors LLC now owns 625 shares of the company’s stock valued at $43,000 after buying an additional 510 shares during the last quarter. Institutional investors own 35.41% of the company’s stock.

Analyst Ratings Changes

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

Trip.com Group Price Performance

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

Trip.com Group Announces Dividend

The firm also recently disclosed a — dividend, which was paid on Friday, April 4th. Investors of record on Monday, March 17th were paid 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 is 8.02%.

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.