Trip.com Group Limited Sponsored ADR (NASDAQ:TCOM) Shares Acquired by Natixis Advisors LLC

Natixis Advisors LLC lifted its position in shares of Trip.com Group Limited Sponsored ADR (NASDAQ:TCOM - Free Report) by 9.6% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 47,234 shares of the company's stock after buying an additional 4,131 shares during the period. Natixis Advisors LLC's holdings in Trip.com Group were worth $3,003,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. National Bank of Canada FI lifted its stake in shares of Trip.com Group by 227.7% during the fourth quarter. National Bank of Canada FI now owns 462 shares of the company's stock valued at $32,000 after buying an additional 321 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Trip.com Group by 28.3% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,633 shares of the company's stock valued at $104,000 after buying an additional 360 shares during the period. GAMMA Investing LLC lifted its stake in shares of Trip.com Group by 6,259.0% during the first quarter. GAMMA Investing LLC now owns 2,480 shares of the company's stock valued at $158,000 after buying an additional 2,441 shares during the period. Natixis lifted its stake in shares of Trip.com Group by 13.1% during the fourth quarter. Natixis now owns 2,703 shares of the company's stock valued at $186,000 after buying an additional 313 shares during the period. Finally, CWM LLC lifted its stake in shares of Trip.com Group by 15.0% during the first quarter. CWM LLC now owns 2,810 shares of the company's stock valued at $179,000 after buying an additional 366 shares during the period. Hedge funds and other institutional investors own 35.41% of the company's stock.

Wall Street Analyst Weigh In

TCOM has been the topic of several recent analyst reports. Wall Street Zen downgraded shares of Trip.com Group from a "buy" rating to a "hold" rating in a research note on Saturday, April 26th. Mizuho raised shares of Trip.com Group to a "strong-buy" rating in a research note on Friday, May 2nd. TD Securities increased their price target on shares of Trip.com Group from $67.00 to $73.00 and gave the stock a "buy" rating in a research note on Tuesday, May 20th. Bank of America increased their price target on shares of Trip.com Group from $68.00 to $70.00 and gave the stock a "buy" rating in a research note on Wednesday, May 21st. Finally, Benchmark reaffirmed a "buy" rating and set a $80.00 price target on shares of Trip.com Group in a research note on Tuesday, May 20th. One analyst has rated the stock with a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, Trip.com Group presently has an average rating of "Buy" and an average price target of $77.25.

Trip.com Group Trading Down 5.4%

Shares of TCOM stock traded down $3.36 during mid-day trading on Friday, reaching $58.80. The company's stock had a trading volume of 7,011,906 shares, compared to its average volume of 2,141,475. The company's 50 day simple moving average is $61.06 and its 200-day simple moving average is $62.15. The firm has a market capitalization of $38.41 billion, a PE ratio of 17.04, a price-to-earnings-growth ratio of 2.98 and a beta of 0.06. Trip.com Group Limited Sponsored ADR has a 12-month low of $40.71 and a 12-month high of $77.18. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.13.

Trip.com Group Company 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.