13,193 Shares in Trip.com Group Limited (NASDAQ:TCOM) Bought by Vise Technologies Inc.

Vise Technologies Inc. bought a new stake in Trip.com Group Limited (NASDAQ:TCOM - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 13,193 shares of the company's stock, valued at approximately $906,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of TCOM. WT Asset Management Ltd boosted its stake in Trip.com Group by 92.3% during the 4th quarter. WT Asset Management Ltd now owns 44,416 shares of the company's stock valued at $3,050,000 after purchasing an additional 21,316 shares during the period. Baird Financial Group Inc. acquired a new position in Trip.com Group during the 4th quarter valued at about $382,000. BOCHK Asset Management Ltd boosted its stake in Trip.com Group by 85.7% during the 4th quarter. BOCHK Asset Management Ltd now owns 13,000 shares of the company's stock valued at $893,000 after purchasing an additional 6,000 shares during the period. Raymond James Financial Inc. acquired a new position in Trip.com Group during the 4th quarter valued at about $4,192,000. Finally, Capital Advisory Group Advisory Services LLC acquired a new position in Trip.com Group during the 4th quarter valued at about $381,000. 35.41% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

TCOM has been the subject of a number of analyst reports. Benchmark reissued a "buy" rating and set a $80.00 target price on shares of Trip.com Group in a research note on Tuesday, May 20th. TD Securities upped 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. JPMorgan Chase & Co. reduced their price target on shares of 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. Bank of America upped 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, Mizuho raised shares of Trip.com Group to a "strong-buy" rating in a research note on Friday, May 2nd. One equities research analyst has rated the stock with a hold rating, ten have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Buy" and an average target price of $77.25.

Trip.com Group Stock Down 3.3%

Trip.com Group stock traded down $2.15 during trading hours on Friday, hitting $62.41. The company had a trading volume of 1,023,459 shares, compared to its average volume of 3,971,495. The firm has a market capitalization of $40.77 billion, a P/E ratio of 18.65, a price-to-earnings-growth ratio of 0.67 and a beta of 0.08. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.42 and a quick ratio of 1.42. The firm's fifty day moving average is $60.06 and its 200-day moving average is $64.35. Trip.com Group Limited has a fifty-two week low of $38.23 and a fifty-two week high of $77.18.

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.