Trip.com Group Limited (NASDAQ:TCOM) Shares Sold by Aubrey Capital Management Ltd

Aubrey Capital Management Ltd reduced its position in Trip.com Group Limited (NASDAQ:TCOM) by 8.9% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 333,240 shares of the company’s stock after selling 32,600 shares during the period. Trip.com Group comprises 8.6% of Aubrey Capital Management Ltd’s holdings, making the stock its 4th largest position. Aubrey Capital Management Ltd owned about 0.05% of Trip.com Group worth $22,880,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Brooklyn Investment Group acquired a new stake in Trip.com Group in the 4th quarter valued at about $25,000. RPg Family Wealth Advisory LLC acquired a new stake in Trip.com Group in the 3rd quarter valued at about $38,000. Empowered Funds LLC acquired a new stake in Trip.com Group in the 4th quarter valued at about $136,000. CWM LLC lifted its stake in Trip.com Group by 10.4% in the 3rd quarter. CWM LLC now owns 2,327 shares of the company’s stock valued at $138,000 after purchasing an additional 220 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. lifted its stake in Trip.com Group by 101.1% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 3,173 shares of the company’s stock valued at $189,000 after purchasing an additional 1,595 shares during the last quarter. 35.41% of the stock is currently owned by institutional investors and hedge funds.

Trip.com Group Stock Up 1.0 %

Shares of TCOM opened at $69.22 on Monday. Trip.com Group Limited has a 12 month low of $38.23 and a 12 month high of $77.18. The firm’s 50 day moving average is $69.29 and its 200-day moving average is $59.57. The stock has a market capitalization of $44.58 billion, a PE ratio of 20.72, a P/E/G ratio of 0.69 and a beta of 0.37. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.14.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Macquarie raised their target price on shares of Trip.com Group from $75.40 to $80.80 and gave the company an “outperform” rating in a research note on Wednesday, November 20th. HSBC raised shares of Trip.com Group from a “hold” rating to a “buy” rating and set a $75.00 price target on the stock in a report on Tuesday, November 19th. TD Cowen increased their price target on shares of Trip.com Group from $56.00 to $71.00 and gave the company a “buy” rating in a report on Tuesday, November 19th. StockNews.com raised shares of Trip.com Group from a “hold” rating to a “buy” rating in a report on Wednesday, November 20th. Finally, Barclays increased their price target on shares of Trip.com Group from $76.00 to $84.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. Eleven equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $74.78.

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.