Janus Henderson Group PLC Buys 471,768 Shares of Trip.com Group Limited (NASDAQ:TCOM)

Janus Henderson Group PLC boosted its holdings in Trip.com Group Limited (NASDAQ:TCOM - Free Report) by 24.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,412,761 shares of the company's stock after buying an additional 471,768 shares during the quarter. Janus Henderson Group PLC owned 0.37% of Trip.com Group worth $165,686,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Headwater Capital Co Ltd acquired a new position in Trip.com Group in the 4th quarter worth approximately $13,732,000. WT Asset Management Ltd boosted its stake in Trip.com Group by 92.3% in the 4th quarter. WT Asset Management Ltd now owns 44,416 shares of the company's stock worth $3,050,000 after purchasing an additional 21,316 shares during the period. BOCHK Asset Management Ltd boosted its stake in Trip.com Group by 85.7% in the 4th quarter. BOCHK Asset Management Ltd now owns 13,000 shares of the company's stock worth $893,000 after purchasing an additional 6,000 shares during the period. Raymond James Financial Inc. acquired a new position in Trip.com Group in the 4th quarter worth approximately $4,192,000. Finally, Capital Advisory Group Advisory Services LLC acquired a new position in Trip.com Group in the 4th quarter worth approximately $381,000. Institutional investors and hedge funds own 35.41% of the company's stock.

Analysts Set New Price Targets

A number of research firms recently commented on TCOM. JPMorgan Chase & Co. decreased their price objective on shares of Trip.com Group from $80.00 to $75.00 and set an "overweight" rating for the company in a research note on Thursday, February 27th. StockNews.com lowered shares of Trip.com Group from a "buy" rating to a "hold" rating in a research note on Saturday, April 26th. Benchmark reissued a "buy" rating and set a $80.00 target price on shares of Trip.com Group in a research note on Tuesday, February 25th. Finally, Mizuho raised shares of Trip.com Group to a "strong-buy" rating in a research note on Friday, May 2nd. One research analyst has rated the stock with a hold rating, eight have given a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Buy" and a consensus price target of $78.53.

Trip.com Group Stock Down 0.8%

Shares of TCOM stock traded down $0.54 on Friday, hitting $64.97. The company's stock had a trading volume of 2,852,290 shares, compared to its average volume of 4,009,858. 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 Limited has a fifty-two week low of $38.23 and a fifty-two week high of $77.18. The firm's fifty day moving average price is $60.17 and its 200-day moving average price is $64.56. The stock has a market capitalization of $42.44 billion, a price-to-earnings ratio of 19.45, a P/E/G ratio of 0.67 and a beta of 0.08.

Trip.com Group Announces Dividend

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