Trip.com Group Limited (NASDAQ:TCOM) Shares Sold by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lowered its holdings in Trip.com Group Limited (NASDAQ:TCOM - Free Report) by 6.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 97,489 shares of the company's stock after selling 6,299 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.'s holdings in Trip.com Group were worth $6,694,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Janus Henderson Group PLC boosted its stake in shares of Trip.com Group by 24.3% during the 4th quarter. Janus Henderson Group PLC now owns 2,412,761 shares of the company's stock valued at $165,686,000 after buying an additional 471,768 shares during the last quarter. Fullerton Fund Management Co Ltd. bought a new position in Trip.com Group during the 4th quarter valued at $4,594,000. Ethic Inc. grew its holdings in Trip.com Group by 48.4% during the 4th quarter. Ethic Inc. now owns 35,452 shares of the company's stock worth $2,434,000 after acquiring an additional 11,564 shares in the last quarter. Fred Alger Management LLC grew its holdings in Trip.com Group by 9.8% during the 4th quarter. Fred Alger Management LLC now owns 249,576 shares of the company's stock worth $17,136,000 after acquiring an additional 22,250 shares in the last quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its position in shares of Trip.com Group by 1,925.9% in the 4th quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 2,986,561 shares of the company's stock worth $205,057,000 after purchasing an additional 2,839,142 shares during the last quarter. Institutional investors and hedge funds own 35.41% of the company's stock.

Trip.com Group Stock Performance

Shares of TCOM traded down $3.72 during midday trading on Tuesday, hitting $63.38. 7,596,174 shares of the stock traded hands, compared to its average volume of 4,024,809. Trip.com Group Limited has a 1-year low of $38.23 and a 1-year high of $77.18. 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 capitalization of $41.40 billion, a PE ratio of 18.98, a price-to-earnings-growth ratio of 0.67 and a beta of 0.08. The business's 50 day moving average price is $60.40 and its two-hundred day moving average price is $64.56.

Trip.com Group Announces Dividend

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

Wall Street Analyst Weigh In

A number of equities analysts recently commented on TCOM shares. JPMorgan Chase & Co. decreased their price target on Trip.com Group from $80.00 to $75.00 and set an "overweight" rating for the company in a research note on Thursday, February 27th. Benchmark reiterated a "buy" rating and issued a $80.00 target price on shares of Trip.com Group in a research report on Tuesday. StockNews.com downgraded Trip.com Group from a "buy" rating to a "hold" rating in a report on Saturday, April 26th. TD Securities raised their price objective on Trip.com Group from $67.00 to $73.00 and gave the stock a "buy" rating in a research note on Tuesday. Finally, Mizuho raised shares of Trip.com Group to a "strong-buy" rating in a report on Friday, May 2nd. One research analyst has rated the stock with a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, Trip.com Group presently has an average rating of "Buy" and a consensus price target of $77.98.

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.