Trip.com Group Limited (NASDAQ:TCOM) is Aubrey Capital Management Ltd's 3rd Largest Position

Aubrey Capital Management Ltd lessened its holdings in shares of Trip.com Group Limited (NASDAQ:TCOM - Free Report) by 3.8% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 320,740 shares of the company's stock after selling 12,500 shares during the period. Trip.com Group accounts for approximately 8.2% of Aubrey Capital Management Ltd's holdings, making the stock its 3rd biggest position. Aubrey Capital Management Ltd's holdings in Trip.com Group were worth $20,393,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of TCOM. Empowered Funds LLC purchased a new position in shares of Trip.com Group in the 4th quarter worth about $136,000. Rhumbline Advisers raised its position in shares of Trip.com Group by 1.6% in the 4th quarter. Rhumbline Advisers now owns 12,014 shares of the company's stock worth $825,000 after purchasing an additional 184 shares during the last quarter. Principal Securities Inc. raised its position in shares of 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 during the last quarter. State of New Jersey Common Pension Fund D raised its position in shares of Trip.com Group by 4.8% in the 4th quarter. State of New Jersey Common Pension Fund D now owns 160,005 shares of the company's stock worth $10,986,000 after purchasing an additional 7,266 shares during the last quarter. Finally, Principal Financial Group Inc. raised its position in shares of Trip.com Group by 87.9% in the 4th quarter. Principal Financial Group Inc. now owns 246,953 shares of the company's stock worth $16,956,000 after purchasing an additional 115,546 shares during the last quarter. Institutional investors own 35.41% of the company's stock.

Trip.com Group Price Performance

Shares of TCOM traded down $0.94 during mid-day trading on Friday, reaching $59.98. The stock had a trading volume of 2,856,276 shares, compared to its average volume of 3,927,688. The business has a fifty day moving average of $60.30 and a 200 day moving average of $64.29. 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 $39.18 billion, a price-to-earnings ratio of 17.96, a PEG ratio of 0.67 and a beta of 0.09. Trip.com Group Limited has a 12 month low of $38.23 and a 12 month high of $77.18.

Analysts Set New Price Targets

A number of equities analysts have weighed in on TCOM shares. Bank of America boosted their target price on Trip.com Group from $68.00 to $70.00 and gave the stock a "buy" rating in a research report on Wednesday, May 21st. Benchmark reissued a "buy" rating and issued a $80.00 target price on shares of Trip.com Group in a research report on Tuesday, May 20th. TD Securities boosted their target price on Trip.com Group from $67.00 to $73.00 and gave the stock a "buy" rating in a research report on Tuesday, May 20th. JPMorgan Chase & Co. decreased their target price on 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. Finally, Wall Street Zen lowered Trip.com Group from a "buy" rating to a "hold" rating in a research report on Saturday, April 26th. One research analyst has rated the stock with a hold rating, ten have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of "Buy" and a consensus target price of $77.25.

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.