Trip.com Group Limited (NASDAQ:TCOM) Shares Bought by Stifel Financial Corp

Stifel Financial Corp raised its stake in Trip.com Group Limited (NASDAQ:TCOM - Free Report) by 28.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 22,054 shares of the company's stock after buying an additional 4,854 shares during the period. Stifel Financial Corp's holdings in Trip.com Group were worth $1,514,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in TCOM. FMR LLC raised its position in shares of Trip.com Group by 125.5% in the 4th quarter. FMR LLC now owns 25,088,658 shares of the company's stock worth $1,722,587,000 after acquiring an additional 13,964,875 shares in the last quarter. Schroder Investment Management Group grew its holdings in Trip.com Group by 2.1% during the fourth quarter. Schroder Investment Management Group now owns 10,196,836 shares of the company's stock worth $700,115,000 after acquiring an additional 213,381 shares during the period. Sanders Capital LLC grew its position in Trip.com Group by 1.4% during the fourth quarter. Sanders Capital LLC now owns 9,697,846 shares of the company's stock valued at $665,854,000 after buying an additional 131,443 shares during the period. FIL Ltd increased its holdings in Trip.com Group by 8.8% in the fourth quarter. FIL Ltd now owns 8,453,025 shares of the company's stock valued at $580,385,000 after buying an additional 684,364 shares in the last quarter. Finally, Capital International Investors raised its position in shares of Trip.com Group by 0.7% in the fourth 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 period. 35.41% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

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

Trip.com Group Stock Performance

NASDAQ TCOM traded down $0.54 during trading hours on Friday, hitting $61.43. The company had a trading volume of 1,684,057 shares, compared to its average volume of 4,029,561. The business has a 50 day moving average of $59.97 and a 200-day moving average of $64.49. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.42 and a current ratio of 1.42. Trip.com Group Limited has a 1-year low of $38.23 and a 1-year high of $77.18. The company has a market cap of $40.13 billion, a PE ratio of 18.39, a price-to-earnings-growth ratio of 0.67 and a beta of 0.08.

Trip.com Group Dividend Announcement

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

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.