Diversified Trust Co Decreases Stock Position in Trip.com Group Limited Sponsored ADR (NASDAQ:TCOM)

Diversified Trust Co cut its stake in Trip.com Group Limited Sponsored ADR (NASDAQ:TCOM - Free Report) by 35.9% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 15,200 shares of the company's stock after selling 8,508 shares during the period. Diversified Trust Co's holdings in Trip.com Group were worth $966,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Principal Securities Inc. lifted its stake 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 purchasing an additional 169 shares during the last quarter. Rhumbline Advisers raised its holdings in shares of Trip.com Group by 1.6% during the 4th quarter. Rhumbline Advisers now owns 12,014 shares of the company's stock valued at $825,000 after buying an additional 184 shares in the last quarter. Blair William & Co. IL lifted its position in Trip.com Group by 4.3% in the 4th quarter. Blair William & Co. IL now owns 5,349 shares of the company's stock worth $367,000 after buying an additional 219 shares during the last quarter. Sequoia Financial Advisors LLC grew its position in Trip.com Group by 2.0% during the fourth quarter. Sequoia Financial Advisors LLC now owns 12,745 shares of the company's stock valued at $875,000 after acquiring an additional 244 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its stake in shares of Trip.com Group by 6.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 3,963 shares of the company's stock worth $272,000 after acquiring an additional 250 shares in the last quarter. Institutional investors own 35.41% of the company's stock.

Trip.com Group Stock Performance

TCOM traded down $0.15 during trading on Monday, hitting $58.52. The company's stock had a trading volume of 178,009 shares, compared to its average volume of 3,917,916. Trip.com Group Limited Sponsored ADR has a one year low of $38.23 and a one year high of $77.18. The business's 50 day simple moving average is $60.98 and its 200-day simple moving average is $63.50. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.13. The firm has a market cap of $38.23 billion, a PE ratio of 16.97, a P/E/G ratio of 2.77 and a beta of 0.09.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Wall Street Zen lowered shares of Trip.com Group from a "buy" rating to a "hold" rating in a report on Saturday, April 26th. TD Securities lifted their price objective on Trip.com Group from $67.00 to $73.00 and gave the company a "buy" rating in a research report on Tuesday, May 20th. Benchmark reiterated a "buy" rating and set a $80.00 target price on shares of Trip.com Group in a report on Tuesday, May 20th. Mizuho upgraded Trip.com Group to a "strong-buy" rating in a research note on Friday, May 2nd. Finally, Bank of America upped their price target on Trip.com Group from $68.00 to $70.00 and gave the stock a "buy" rating in a research note on Wednesday, May 21st. One research analyst has rated the stock with a hold rating, ten have issued a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Buy" and an average price target 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.