First Trust Advisors LP Has $5.75 Million Stock Position in Trip.com Group Limited (NASDAQ:TCOM)

First Trust Advisors LP lifted its position in Trip.com Group Limited (NASDAQ:TCOM - Free Report) by 127.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 83,700 shares of the company's stock after buying an additional 46,957 shares during the quarter. First Trust Advisors LP's holdings in Trip.com Group were worth $5,747,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in TCOM. Brooklyn Investment Group bought a new stake in Trip.com Group in the fourth quarter valued at about $25,000. National Bank of Canada FI boosted its holdings in 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 purchasing an additional 321 shares in the last quarter. Rakuten Securities Inc. grew its stake in shares of Trip.com Group by 1,496.7% in the 4th quarter. Rakuten Securities Inc. now owns 479 shares of the company's stock valued at $33,000 after purchasing an additional 449 shares during the period. Principal Securities Inc. raised its holdings 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 buying an additional 169 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its position in shares of Trip.com Group by 443.5% during the 4th quarter. Farther Finance Advisors LLC now owns 625 shares of the company's stock worth $43,000 after buying an additional 510 shares during the period. Institutional investors own 35.41% of the company's stock.

Trip.com Group Price Performance

Shares of TCOM traded up $1.21 during mid-day trading on Tuesday, hitting $61.70. 1,059,694 shares of the company traded hands, compared to its average volume of 4,030,979. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $40.30 billion, a price-to-earnings ratio of 18.52, a PEG ratio of 0.67 and a beta of 0.08. The business has a 50-day moving average of $59.65 and a 200 day moving average of $64.49. Trip.com Group Limited has a one year low of $38.23 and a one year high of $77.18.

Trip.com Group Dividend Announcement

The company also recently announced 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 dividend payout ratio (DPR) is currently 8.02%.

Analyst Ratings Changes

A number of analysts have weighed in on the company. Benchmark reiterated a "buy" rating and issued a $80.00 price target on shares of Trip.com Group in a research report on Tuesday, February 25th. Mizuho raised shares of Trip.com Group to a "strong-buy" rating in a report on Friday. StockNews.com downgraded shares of Trip.com Group from a "buy" rating to a "hold" rating in a report on Saturday, April 26th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Trip.com Group from $80.00 to $75.00 and set an "overweight" rating on the stock in a research note on Thursday, February 27th. One research analyst has rated the stock with a hold rating, nine have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, Trip.com Group currently has a consensus rating of "Buy" and a consensus target price of $77.08.

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.