Causeway Capital Management LLC Has $216,000 Stock Holdings in Trip.com Group Limited (NASDAQ:TCOM)

Causeway Capital Management LLC decreased its position in Trip.com Group Limited (NASDAQ:TCOM) by 20.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,148 shares of the company’s stock after selling 825 shares during the period. Causeway Capital Management LLC’s holdings in Trip.com Group were worth $216,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. FMR LLC raised its stake in shares of Trip.com Group by 125.5% in the fourth quarter. FMR LLC now owns 25,088,658 shares of the company’s stock valued at $1,722,587,000 after purchasing an additional 13,964,875 shares in the last quarter. Schroder Investment Management Group increased its holdings in Trip.com Group by 2.1% in the 4th quarter. Schroder Investment Management Group now owns 10,196,836 shares of the company’s stock valued at $700,115,000 after buying an additional 213,381 shares during the period. Sanders Capital LLC raised its stake in shares of 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 buying an additional 131,443 shares in the last quarter. FIL Ltd lifted its holdings in shares of Trip.com Group by 8.8% during the 4th quarter. FIL Ltd now owns 8,453,025 shares of the company’s stock worth $580,385,000 after acquiring an additional 684,364 shares during the period. Finally, Wellington Management Group LLP boosted its position in shares of Trip.com Group by 92.9% during the 4th quarter. Wellington Management Group LLP now owns 4,364,985 shares of the company’s stock valued at $299,700,000 after acquiring an additional 2,101,937 shares in the last quarter. Institutional investors own 35.41% of the company’s stock.

Trip.com Group Trading Up 1.0 %

Shares of NASDAQ TCOM opened at $54.73 on Monday. 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 of $62.52 and a two-hundred day moving average of $65.08. The company has a market cap of $35.25 billion, a PE ratio of 16.39, a P/E/G ratio of 0.67 and a beta of 0.12. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.14.

Trip.com Group Dividend Announcement

The company also recently disclosed a — dividend, which was paid on Friday, April 4th. Shareholders of record on Monday, March 17th were issued 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 is 8.02%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. JPMorgan Chase & Co. cut their price target on shares of 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 boosted their price target on Trip.com Group from $73.00 to $78.00 and gave the company a “buy” rating in a research note on Friday, January 3rd. Benchmark reiterated a “buy” rating and issued a $80.00 price target on shares of Trip.com Group in a research report on Tuesday, February 25th. Finally, StockNews.com downgraded shares of Trip.com Group from a “buy” rating to a “hold” rating in a research note on Wednesday, February 26th. One investment 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 company’s stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price 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.