Trip.com Group Limited (NASDAQ:TCOM) Shares Sold by Dymon Asia Capital Singapore PTE. LTD.

Dymon Asia Capital Singapore PTE. LTD. cut its stake in shares of Trip.com Group Limited (NASDAQ:TCOM) by 82.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 18,418 shares of the company’s stock after selling 84,877 shares during the period. Trip.com Group makes up 0.3% of Dymon Asia Capital Singapore PTE. LTD.’s portfolio, making the stock its 18th largest holding. Dymon Asia Capital Singapore PTE. LTD.’s holdings in Trip.com Group were worth $1,265,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Brooklyn Investment Group purchased a new stake in Trip.com Group in the 4th quarter valued at approximately $25,000. National Bank of Canada FI lifted its holdings in shares of Trip.com Group by 227.7% in the 4th quarter. National Bank of Canada FI now owns 462 shares of the company’s stock valued at $32,000 after buying an additional 321 shares during the period. Rakuten Securities Inc. boosted its stake in shares of Trip.com Group by 1,496.7% in the fourth quarter. Rakuten Securities Inc. now owns 479 shares of the company’s stock valued at $33,000 after buying an additional 449 shares in the last quarter. Principal Securities Inc. grew 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 worth $36,000 after acquiring an additional 169 shares during the period. Finally, Farther Finance Advisors LLC raised its position 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 acquiring an additional 510 shares in the last quarter. 35.41% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Benchmark restated 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 downgraded shares of Trip.com Group from a “buy” rating to a “hold” rating in a report on Wednesday, February 26th. JPMorgan Chase & Co. lowered their target price on shares of 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. 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 investment analyst has rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Trip.com Group presently has a consensus rating of “Buy” and an average target price of $77.08.

Trip.com Group Price Performance

TCOM stock opened at $54.19 on Friday. 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 stock’s 50 day moving average price is $62.85 and its 200 day moving average price is $64.99. The firm has a market cap of $34.90 billion, a P/E ratio of 16.22, a PEG 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.

Trip.com Group Announces Dividend

The business also recently disclosed a — dividend, which was paid on Friday, April 4th. Investors of record on Monday, March 17th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Monday, March 17th. Trip.com Group’s dividend payout ratio is presently 8.02%.

About Trip.com Group

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.