Capital International Ltd. CA Has $28.59 Million Position in Trip.com Group Limited (NASDAQ:TCOM)

Capital International Ltd. CA cut its holdings in shares of Trip.com Group Limited (NASDAQ:TCOM) by 12.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 416,421 shares of the company’s stock after selling 61,641 shares during the period. Trip.com Group comprises approximately 1.2% of Capital International Ltd. CA’s portfolio, making the stock its 22nd largest position. Capital International Ltd. CA’s holdings in Trip.com Group were worth $28,591,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Brooklyn Investment Group bought a new position in shares of Trip.com Group during the fourth quarter valued at $25,000. National Bank of Canada FI increased its holdings in Trip.com Group by 227.7% in the fourth 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. raised its position in Trip.com Group by 1,496.7% during the 4th quarter. Rakuten Securities Inc. now owns 479 shares of the company’s stock worth $33,000 after purchasing an additional 449 shares during the last quarter. Principal Securities Inc. raised its position in Trip.com Group by 46.8% during the 4th quarter. Principal Securities Inc. now owns 530 shares of the company’s stock worth $36,000 after purchasing an additional 169 shares during the last quarter. Finally, Farther Finance Advisors LLC lifted its holdings in Trip.com Group by 443.5% during the 4th quarter. Farther Finance Advisors LLC now owns 625 shares of the company’s stock worth $43,000 after buying an additional 510 shares during the period. 35.41% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on TCOM shares. 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. Citigroup raised their price target on shares of Trip.com Group from $73.00 to $78.00 and gave the stock a “buy” rating in a report on Friday, January 3rd. StockNews.com downgraded shares of Trip.com Group from a “buy” rating to a “hold” rating in a research note on Wednesday, February 26th. Finally, Benchmark reissued a “buy” rating and issued a $80.00 price objective on shares of Trip.com Group in a research report on Tuesday, February 25th. One equities research 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 stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $77.08.

Trip.com Group Trading Down 1.3 %

Shares of TCOM stock opened at $54.85 on Friday. 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 business has a 50-day moving average of $61.50 and a 200 day moving average of $64.89. The stock has a market capitalization of $35.33 billion, a PE ratio of 16.42, 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.

Trip.com Group Dividend Announcement

The firm also recently disclosed a — dividend, which was paid on Friday, April 4th. Shareholders of record on Monday, March 17th were issued a $0.30 dividend. The ex-dividend date was Monday, March 17th. Trip.com Group’s dividend payout ratio (DPR) is currently 8.02%.

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.