MML Investors Services LLC Has $1.40 Million Holdings in Trip.com Group Limited (NASDAQ:TCOM)

MML Investors Services LLC grew its holdings in shares of Trip.com Group Limited (NASDAQ:TCOM - Free Report) by 44.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 20,345 shares of the company's stock after acquiring an additional 6,219 shares during the quarter. MML Investors Services LLC's holdings in Trip.com Group were worth $1,397,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Natixis raised its position in shares of Trip.com Group by 13.1% in the 4th quarter. Natixis now owns 2,703 shares of the company's stock worth $186,000 after acquiring an additional 313 shares in the last quarter. First Trust Advisors LP boosted its stake in Trip.com Group by 127.8% in the 4th quarter. First Trust Advisors LP now owns 83,700 shares of the company's stock worth $5,747,000 after purchasing an additional 46,957 shares in the last quarter. Capital International Investors raised its holdings in Trip.com Group by 0.7% in the 4th quarter. Capital International Investors now owns 8,079,203 shares of the company's stock worth $554,717,000 after acquiring an additional 53,784 shares during the last quarter. Wasatch Advisors LP increased its holdings in Trip.com Group by 48.4% in the 4th quarter. Wasatch Advisors LP now owns 1,831,057 shares of the company's stock worth $125,720,000 after buying an additional 597,067 shares in the last quarter. Finally, Jump Financial LLC purchased a new position in shares of Trip.com Group during the fourth quarter valued at approximately $9,118,000. 35.41% of the stock is currently owned by institutional investors.

Trip.com Group Stock Performance

Shares of TCOM traded up $1.21 during mid-day trading on Tuesday, hitting $61.70. The stock had a trading volume of 1,059,694 shares, compared to its average volume of 4,030,979. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.14. The company has a market cap of $40.30 billion, a PE ratio of 18.52, a PEG ratio of 0.67 and a beta of 0.08. Trip.com Group Limited has a fifty-two week low of $38.23 and a fifty-two week high of $77.18. The company's fifty day simple moving average is $59.65 and its two-hundred day simple moving average is $64.49.

Trip.com Group Dividend Announcement

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

Analyst Ratings Changes

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