Blair William & Co. IL Has $367,000 Stock Holdings in Trip.com Group Limited (NASDAQ:TCOM)

Blair William & Co. IL lifted its stake in Trip.com Group Limited (NASDAQ:TCOM) by 4.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,349 shares of the company’s stock after acquiring an additional 219 shares during the quarter. Blair William & Co. IL’s holdings in Trip.com Group were worth $367,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of TCOM. Brooklyn Investment Group bought a new position in Trip.com Group in the fourth quarter valued at approximately $25,000. Rakuten Securities Inc. boosted its holdings in shares of Trip.com Group by 1,496.7% in the 4th quarter. Rakuten Securities Inc. now owns 479 shares of the company’s stock valued at $33,000 after buying an additional 449 shares during the last quarter. Principal Securities Inc. grew its stake in shares of Trip.com Group by 46.8% in the fourth quarter. Principal Securities Inc. now owns 530 shares of the company’s stock valued at $36,000 after buying an additional 169 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in Trip.com Group by 443.5% during the fourth 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 last quarter. Finally, SBI Securities Co. Ltd. bought a new stake in Trip.com Group during the fourth quarter worth $94,000. Institutional investors and hedge funds own 35.41% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on TCOM. Citigroup boosted their price objective on shares of Trip.com Group from $73.00 to $78.00 and gave the stock a “buy” rating in a research note on Friday, January 3rd. Benchmark restated a “buy” rating and issued a $80.00 price objective on shares of Trip.com Group in a research note on Tuesday, February 25th. JPMorgan Chase & Co. cut their price objective on Trip.com Group from $80.00 to $75.00 and set an “overweight” rating for the company in a research 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 investment analyst has rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $77.08.

Trip.com Group Trading Down 8.7 %

Shares of Trip.com Group stock opened at $55.89 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 firm has a 50-day moving average of $64.99 and a 200-day moving average of $64.78. Trip.com Group Limited has a 52-week low of $38.23 and a 52-week high of $77.18. The stock has a market cap of $36.00 billion, a PE ratio of 16.73, a PEG ratio of 0.67 and a beta of 0.12.

Trip.com Group Announces Dividend

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 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.