1 week Ago By Defense World Staff
Arrowstreet Capital Limited Partnership bought a new position in shares of Trip.com Group Limited (NASDAQ:TCOM – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 120,844 shares of the company’s stock, valued at approximately $8,297,000.
A number of other institutional investors and hedge funds also recently made changes to their positions in TCOM. Brooklyn Investment Group bought a new stake in Trip.com Group during the 4th quarter worth approximately $25,000.
Rakuten Securities Inc. boosted its position 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 Trip.com Group by 46.
8% during the fourth quarter. Principal Securities Inc. now owns 530 shares of the company’s stock worth $36,000 after buying an additional 169 shares in the last quarter.
Farther Finance Advisors LLC raised its position 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 buying an additional 510 shares during the last quarter. Finally, SBI Securities Co. Ltd.
bought a new position in Trip.com Group during the 4th quarter valued at $94,000. Institutional investors and hedge funds own 35.
41% of the company’s stock. Trip.com Group Stock Down 8.
7 %Shares of NASDAQ TCOM opened at $55.89 on Monday. The business’s fifty day moving average price is $64.
99 and its 200-day moving average price is $65.04. Trip.
com Group Limited has a one year low of $38.23 and a one year high of $77.18.
The stock has a market capitalization of $36.00 billion, a PE ratio of 16.73, a P/E/G ratio of 0.
67 and a beta of 0.12. The company has a debt-to-equity ratio of 0.
14, a current ratio of 1.42 and a quick ratio of 1.42.
Trip.com Group Dividend AnnouncementThe firm also recently announced a — dividend, which was paid on Friday, April 4th. Shareholders of record on Monday, March 17th were given a dividend of $0.
30 per share. The ex-dividend date was Monday, March 17th. Trip.
com Group’s dividend payout ratio is presently 8.02%. Analyst Ratings ChangesSeveral brokerages have recently commented on TCOM.
Benchmark reiterated a “buy” rating and issued a $80.00 target price on shares of Trip.com Group in a report on Tuesday, February 25th.
StockNews.com cut shares of Trip.com Group from a “buy” rating to a “hold” rating in a research report on Wednesday, February 26th.
Citigroup upped their target price on Trip.com Group from $73.00 to $78.
00 and gave the company a “buy” rating in a report on Friday, January 3rd. Finally, JPMorgan Chase & Co. dropped their price target on Trip.
com Group from $80.00 to $75.00 and set an “overweight” rating on the stock in a report on Thursday, February 27th.
One investment analyst has rated the stock with a hold rating, ten have issued a buy rating and one has assigned 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.Get Our Latest Stock Report on TCOMTrip.
com Group Company Profile (Free Report)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.
See AlsoFive stocks we like better than Trip.com GroupHow to invest in marijuana stocks in 7 steps Newsmax’s IPO Whiplash: Meme Stock Hype or Growth Potential?Do ETFs Pay Dividends? What You Need to KnowDisney 2025 Shareholders: Major Updates for InvestorsWhat is a Low P/E Ratio and What Does it Tell Investors?Advance Auto Parts Stock: A Classic Rebound Play in the Making.
