Trip.com Group Limited (NASDAQ:TCOM) Shares Acquired by Natixis Advisors LLC

Natixis Advisors LLC lifted its position in shares of Trip.com Group Limited (NASDAQ:TCOM) by 1.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 43,103 shares of the company’s stock after purchasing an additional 542 shares during the period. Natixis Advisors LLC’s holdings in Trip.com Group were worth $2,960,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in TCOM. abrdn plc increased its position in Trip.com Group by 0.5% in the 4th quarter. abrdn plc now owns 29,598 shares of the company’s stock valued at $2,032,000 after acquiring an additional 150 shares during the period. Principal Securities Inc. increased its position in Trip.com Group by 46.8% in the 4th quarter. Principal Securities Inc. now owns 530 shares of the company’s stock valued at $36,000 after acquiring an additional 169 shares during the period. Rhumbline Advisers increased its position in Trip.com Group by 1.6% in the 4th quarter. Rhumbline Advisers now owns 12,014 shares of the company’s stock valued at $825,000 after acquiring an additional 184 shares during the period. Sequoia Financial Advisors LLC increased its position in Trip.com Group by 2.0% in the 4th quarter. Sequoia Financial Advisors LLC now owns 12,745 shares of the company’s stock valued at $875,000 after acquiring an additional 244 shares during the period. Finally, Smartleaf Asset Management LLC increased its position in Trip.com Group by 6.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 3,963 shares of the company’s stock valued at $272,000 after acquiring an additional 250 shares during the period. Institutional investors and hedge funds own 35.41% of the company’s stock.

Trip.com Group Price Performance

Shares of NASDAQ:TCOM opened at $64.23 on Monday. The business’s 50 day simple moving average is $65.84 and its 200-day simple moving average is $63.95. The firm has a market capitalization of $41.37 billion, a price-to-earnings ratio of 19.23, a price-to-earnings-growth ratio of 0.67 and a beta of 0.38. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.42 and a quick ratio of 1.42. Trip.com Group Limited has a 12 month low of $38.23 and a 12 month high of $77.18.

Trip.com Group Dividend Announcement

The company also recently declared a — dividend, which will be paid on Friday, April 4th. Stockholders of record on Monday, March 17th will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Monday, March 17th. Trip.com Group’s dividend payout ratio (DPR) is 8.02%.

Analyst Upgrades and Downgrades

TCOM has been the topic of several recent research reports. Citigroup boosted their price target on 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 report on Tuesday, February 25th. JPMorgan Chase & Co. lowered their price objective 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. Finally, StockNews.com lowered Trip.com Group from a “buy” rating to a “hold” rating in a report on Wednesday, February 26th. One equities research 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 stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus 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.