Trip.com Group Limited (NASDAQ:TCOM) Shares Sold by XTX Topco Ltd

XTX Topco Ltd cut its position in shares of Trip.com Group Limited (NASDAQ:TCOM - Free Report) by 76.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,834 shares of the company's stock after selling 12,778 shares during the period. XTX Topco Ltd's holdings in Trip.com Group were worth $263,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in TCOM. Brooklyn Investment Group bought a new position in shares of Trip.com Group during the 4th quarter worth $25,000. National Bank of Canada FI increased its position 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 valued at $32,000 after purchasing an additional 321 shares during the period. Rakuten Securities Inc. boosted its stake in shares of Trip.com Group by 1,496.7% during the fourth quarter. Rakuten Securities Inc. now owns 479 shares of the company's stock valued at $33,000 after purchasing an additional 449 shares in the last quarter. Principal Securities Inc. increased its holdings in Trip.com Group by 46.8% during the fourth quarter. Principal Securities Inc. now owns 530 shares of the company's stock valued at $36,000 after buying an additional 169 shares during the period. Finally, Farther Finance Advisors LLC raised its stake in Trip.com Group by 443.5% in the fourth quarter. Farther Finance Advisors LLC now owns 625 shares of the company's stock worth $43,000 after buying an additional 510 shares in the last quarter. 35.41% of the stock is owned by hedge funds and other institutional investors.

Trip.com Group Stock Performance

TCOM traded up $0.34 on Thursday, reaching $59.33. 292,991 shares of the stock were exchanged, compared to its average volume of 4,047,135. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.42 and a quick ratio of 1.42. The company's 50-day moving average price is $59.66 and its 200 day moving average price is $64.43. The firm has a market capitalization of $38.21 billion, a PE ratio of 17.75, a PEG ratio of 0.67 and a beta of 0.12. Trip.com Group Limited has a fifty-two week low of $38.23 and a fifty-two week high of $77.18.

Trip.com Group Dividend Announcement

The company also recently announced a -- dividend, which was paid on Friday, April 4th. Investors 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 8.02%.

Analyst Ratings Changes

TCOM has been the topic of a number of analyst reports. JPMorgan Chase & Co. cut their price target on Trip.com Group from $80.00 to $75.00 and set an "overweight" rating on the stock in a report on Thursday, February 27th. Citigroup increased 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. Benchmark reaffirmed a "buy" rating and issued a $80.00 price objective on shares of Trip.com Group in a research report on Tuesday, February 25th. Finally, StockNews.com lowered shares of Trip.com Group from a "buy" rating to a "hold" rating in a research note on Saturday, April 26th. One investment analyst has rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Buy" and an average price target 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.