OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC Makes New $13.01 Million Investment in Trip.com Group Limited (NASDAQ:TCOM)

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in Trip.com Group Limited (NASDAQ:TCOM - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 189,500 shares of the company's stock, valued at approximately $13,011,000. Trip.com Group makes up 1.0% of OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC's portfolio, making the stock its 25th biggest holding.

Other hedge funds also recently modified their holdings of the company. Brooklyn Investment Group bought a new stake in shares of Trip.com Group in the 4th quarter valued at $25,000. National Bank of Canada FI boosted its holdings in Trip.com Group by 227.7% during the 4th quarter. National Bank of Canada FI now owns 462 shares of the company's stock worth $32,000 after acquiring an additional 321 shares during the last quarter. Rakuten Securities Inc. boosted its holdings 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 worth $33,000 after buying an additional 449 shares during the last quarter. Principal Securities Inc. boosted 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 during the last quarter. Finally, Farther Finance Advisors LLC boosted its holdings in shares of Trip.com Group by 443.5% in 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 last quarter. Institutional investors own 35.41% of the company's stock.

Trip.com Group Stock Performance

NASDAQ:TCOM opened at $65.52 on Tuesday. The firm has a market cap of $42.80 billion, a PE ratio of 19.62, a price-to-earnings-growth 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 has a debt-to-equity ratio of 0.14, a quick ratio of 1.42 and a current ratio of 1.42. The business has a 50 day moving average price of $60.00 and a 200-day moving average price of $64.53.

Trip.com Group Announces Dividend

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

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. Mizuho upgraded Trip.com Group to a "strong-buy" rating in a research note on Friday, May 2nd. JPMorgan Chase & Co. decreased their price target on Trip.com Group from $80.00 to $75.00 and set an "overweight" rating on the stock in a research report on Thursday, February 27th. StockNews.com cut shares of Trip.com Group from a "buy" rating to a "hold" rating in a research report on Saturday, April 26th. Finally, Benchmark reaffirmed a "buy" rating and issued a $80.00 target price on shares of Trip.com Group in a research note on Tuesday, February 25th. One investment analyst has rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $77.08.

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.

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