Trip.com Group Limited (NASDAQ:TCOM) Position Boosted by AdvisorShares Investments LLC

AdvisorShares Investments LLC lifted its holdings in shares of Trip.com Group Limited (NASDAQ:TCOM - Free Report) by 143.7% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 9,496 shares of the company's stock after acquiring an additional 5,600 shares during the period. AdvisorShares Investments LLC's holdings in Trip.com Group were worth $652,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of TCOM. FMR LLC lifted its position in Trip.com Group by 125.5% during 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 during the period. Schroder Investment Management Group boosted its position in Trip.com Group by 2.1% in the fourth quarter. Schroder Investment Management Group now owns 10,196,836 shares of the company's stock valued at $700,115,000 after buying an additional 213,381 shares during the last quarter. Sanders Capital LLC increased its stake in shares of Trip.com Group by 1.4% in the fourth quarter. Sanders Capital LLC now owns 9,697,846 shares of the company's stock worth $665,854,000 after acquiring an additional 131,443 shares during the period. FIL Ltd raised its holdings in shares of Trip.com Group by 8.8% during the fourth quarter. FIL Ltd now owns 8,453,025 shares of the company's stock worth $580,385,000 after purchasing an additional 684,364 shares during the last quarter. Finally, Capital International Investors boosted its holdings in Trip.com Group by 0.7% in the fourth quarter. Capital International Investors now owns 8,079,203 shares of the company's stock valued at $554,717,000 after purchasing an additional 53,784 shares during the last quarter. 35.41% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. JPMorgan Chase & Co. lowered their price target on shares of Trip.com Group from $80.00 to $75.00 and set an "overweight" rating on the stock in a report on Thursday, February 27th. StockNews.com lowered Trip.com Group from a "buy" rating to a "hold" rating in a report on Saturday, April 26th. Benchmark reiterated a "buy" rating and issued a $80.00 price objective on shares of Trip.com Group in a report on Tuesday, February 25th. Finally, Citigroup lifted their price target on shares of Trip.com Group from $73.00 to $78.00 and gave the company a "buy" rating in a research report on Friday, January 3rd. One analyst has rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus target price of $77.08.

Trip.com Group Stock Up 1.3 %

TCOM traded up $0.79 during trading on Friday, hitting $60.17. The company had a trading volume of 2,714,204 shares, compared to its average volume of 4,053,667. The company has a market cap of $38.75 billion, a PE ratio of 18.01, a P/E/G ratio of 0.67 and a beta of 0.12. Trip.com Group Limited has a 1-year low of $38.23 and a 1-year high of $77.18. The business has a 50-day moving average of $59.56 and a 200-day moving average of $64.40. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.42 and a quick ratio of 1.42.

Trip.com Group Dividend Announcement

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

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.