Trip.com Group Limited (NASDAQ:TCOM) is Trivest Advisors Ltd’s 5th Largest Position

Trivest Advisors Ltd boosted its holdings in shares of Trip.com Group Limited (NASDAQ:TCOM) by 56.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,657,000 shares of the company’s stock after purchasing an additional 598,000 shares during the period. Trip.com Group comprises approximately 5.2% of Trivest Advisors Ltd’s holdings, making the stock its 5th largest holding. Trivest Advisors Ltd’s holdings in Trip.com Group were worth $113,770,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Brooklyn Investment Group purchased a new position in shares of Trip.com Group during the fourth quarter valued at approximately $25,000. Rakuten Securities Inc. boosted its holdings in Trip.com Group by 1,496.7% in the fourth quarter. Rakuten Securities Inc. now owns 479 shares of the company’s stock valued at $33,000 after acquiring an additional 449 shares in the last quarter. Principal Securities Inc. raised its holdings in Trip.com Group by 46.8% in the 4th quarter. Principal Securities Inc. now owns 530 shares of the company’s stock worth $36,000 after purchasing an additional 169 shares in the last quarter. Farther Finance Advisors LLC lifted its position in shares of Trip.com Group by 443.5% in the 4th quarter. Farther Finance Advisors LLC now owns 625 shares of the company’s stock worth $43,000 after purchasing an additional 510 shares during the period. Finally, RPg Family Wealth Advisory LLC purchased a new stake in shares of Trip.com Group in the 3rd quarter worth about $38,000. Institutional investors own 35.41% of the company’s stock.

Trip.com Group Price Performance

Shares of NASDAQ:TCOM opened at $66.09 on Wednesday. The business has a 50-day simple moving average of $65.78 and a two-hundred day simple moving average of $63.57. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.42 and a current ratio of 1.42. The firm has a market cap of $42.57 billion, a price-to-earnings ratio of 19.79, a price-to-earnings-growth ratio of 0.67 and a beta of 0.38. Trip.com Group Limited has a fifty-two week low of $38.23 and a fifty-two week high of $77.18.

Trip.com Group Announces Dividend

The business also recently disclosed 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 is Monday, March 17th. Trip.com Group’s dividend payout ratio (DPR) is 8.02%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on TCOM shares. Barclays increased their price target on shares of Trip.com Group from $76.00 to $84.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. TD Cowen upped their price target on Trip.com Group from $56.00 to $71.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. Benchmark reiterated a “buy” rating and set a $80.00 price objective on shares of Trip.com Group in a research note on Tuesday, February 25th. HSBC upgraded Trip.com Group from a “hold” rating to a “buy” rating and set a $75.00 price target for the company in a report on Tuesday, November 19th. Finally, StockNews.com cut shares of Trip.com Group from a “buy” rating to a “hold” rating in a research note on Wednesday, February 26th. One analyst has rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $77.08.

Trip.com Group 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.