5,567 Shares in Trip.com Group Limited (NASDAQ:TCOM) Purchased by Baird Financial Group Inc.

Baird Financial Group Inc. bought a new position in Trip.com Group Limited (NASDAQ:TCOM - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 5,567 shares of the company's stock, valued at approximately $382,000.

Other large investors have also recently modified their holdings of the company. Brooklyn Investment Group purchased a new position in shares of Trip.com Group in the fourth quarter worth about $25,000. National Bank of Canada FI increased its stake in shares of Trip.com Group by 227.7% in the fourth quarter. National Bank of Canada FI now owns 462 shares of the company's stock worth $32,000 after purchasing an additional 321 shares in the last quarter. Rakuten Securities Inc. increased its stake in shares of Trip.com Group by 1,496.7% in the fourth quarter. Rakuten Securities Inc. now owns 479 shares of the company's stock worth $33,000 after purchasing an additional 449 shares in the last quarter. Principal Securities Inc. increased its stake in shares of Trip.com Group by 46.8% in the fourth 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. Finally, Farther Finance Advisors LLC boosted its position in shares of Trip.com Group by 443.5% in the fourth quarter. Farther Finance Advisors LLC now owns 625 shares of the company's stock valued at $43,000 after acquiring an additional 510 shares during the period. Hedge funds and other institutional investors own 35.41% of the company's stock.

Analyst Upgrades and Downgrades

TCOM has been the subject of a number of analyst reports. Benchmark restated a "buy" rating and issued a $80.00 price objective on shares of Trip.com Group in a research report on Tuesday, February 25th. Mizuho upgraded shares of Trip.com Group to a "strong-buy" rating in a research report on Friday, May 2nd. StockNews.com lowered shares of Trip.com Group from a "buy" rating to a "hold" rating in a research report on Saturday, April 26th. 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 for the company in a research report on Thursday, February 27th. One equities research analyst has rated the stock with a hold rating, eight have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Buy" and a consensus target price of $78.53.

Trip.com Group Trading Down 0.8%

Shares of TCOM opened at $64.97 on Friday. The firm has a market cap of $42.44 billion, a price-to-earnings ratio of 19.45, a PEG ratio of 0.67 and a beta of 0.08. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.42 and a current ratio of 1.42. Trip.com Group Limited has a fifty-two week low of $38.23 and a fifty-two week high of $77.18. The firm has a 50 day moving average price of $60.24 and a 200-day moving average price of $64.56.

Trip.com Group Announces Dividend

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

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.

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