Trip.com Group Limited (NASDAQ:TCOM) Shares Sold by Dodge & Cox

Dodge & Cox lessened its position in Trip.com Group Limited (NASDAQ:TCOM) by 5.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 17,200 shares of the company’s stock after selling 900 shares during the period. Dodge & Cox’s holdings in Trip.com Group were worth $1,181,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Jump Financial LLC acquired a new stake in shares of Trip.com Group in the fourth quarter valued at approximately $9,118,000. Mariner LLC grew its holdings in Trip.com Group by 26.8% in the 4th quarter. Mariner LLC now owns 9,184 shares of the company’s stock worth $631,000 after buying an additional 1,942 shares in the last quarter. Barclays PLC grew its holdings in Trip.com Group by 98.9% in the 4th quarter. Barclays PLC now owns 304,557 shares of the company’s stock worth $20,910,000 after buying an additional 151,461 shares in the last quarter. Sanders Capital LLC increased its position in Trip.com Group by 1.4% in the 4th quarter. Sanders Capital LLC now owns 9,697,846 shares of the company’s stock valued at $665,854,000 after acquiring an additional 131,443 shares during the period. Finally, Townsquare Capital LLC bought a new stake in Trip.com Group during the 4th quarter valued at $550,000. 35.41% of the stock is currently owned by institutional investors.

Trip.com Group Trading Down 0.5 %

Shares of NASDAQ:TCOM opened at $56.47 on Wednesday. The stock has a market capitalization of $36.37 billion, a price-to-earnings ratio of 16.91, 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. The company has a 50 day moving average price of $62.04 and a 200 day moving average price of $64.98. 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 Announces Dividend

The business also recently announced a — dividend, which was paid on Friday, April 4th. Stockholders 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 (DPR) is presently 8.02%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on TCOM. JPMorgan Chase & Co. decreased their price target on 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 report on Wednesday, February 26th. Benchmark restated a “buy” rating and set a $80.00 price target on shares of Trip.com Group in a research report on Tuesday, February 25th. Finally, Citigroup increased their price objective on shares of Trip.com Group from $73.00 to $78.00 and gave the company a “buy” rating in a report on Friday, January 3rd. One equities research analyst has rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Trip.com Group has an average rating of “Buy” and a consensus target price of $77.08.

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.