Trip.com Group Limited Sponsored ADR (NASDAQ:TCOM) Shares Sold by Signaturefd LLC

Signaturefd LLC reduced its stake in shares of Trip.com Group Limited Sponsored ADR (NASDAQ:TCOM) by 3.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,944 shares of the company’s stock after selling 311 shares during the quarter. Signaturefd LLC’s holdings in Trip.com Group were worth $569,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently modified their holdings of the business. CWM LLC raised its position in shares of Trip.com Group by 15.0% during the 1st quarter. CWM LLC now owns 2,810 shares of the company’s stock worth $179,000 after buying an additional 366 shares in the last quarter. Diversify Wealth Management LLC lifted its stake in shares of Trip.com Group by 17.0% in the first quarter. Diversify Wealth Management LLC now owns 10,643 shares of the company’s stock worth $631,000 after buying an additional 1,544 shares during the last quarter. Genus Capital Management Inc. raised its stake in Trip.com Group by 200.0% during the 1st quarter. Genus Capital Management Inc. now owns 5,262 shares of the company’s stock valued at $335,000 after purchasing an additional 10,524 shares during the last quarter. Cerity Partners LLC raised its stake in shares of Trip.com Group by 57.8% in the 1st quarter. Cerity Partners LLC now owns 21,657 shares of the company’s stock valued at $1,377,000 after buying an additional 7,929 shares in the last quarter. Finally, Ariose Capital Management Ltd acquired a new position in Trip.com Group in the first quarter valued at about $17,459,000. Hedge funds and other institutional investors own 35.41% of the company’s stock.

Trip.com Group Trading Down 1.1%

Shares of TCOM stock opened at $62.32 on Friday. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.13. Trip.com Group Limited Sponsored ADR has a twelve month low of $38.23 and a twelve month high of $77.18. The company has a market capitalization of $40.71 billion, a P/E ratio of 18.06, a price-to-earnings-growth ratio of 2.97 and a beta of 0.07. The business’s 50 day moving average is $61.45 and its two-hundred day moving average is $62.53.

Wall Street Analyst Weigh In

TCOM has been the topic of several recent analyst reports. Mizuho raised shares of Trip.com Group to a “strong-buy” rating in a research note on Friday, May 2nd. Wall Street Zen downgraded Trip.com Group from a “buy” rating to a “hold” rating in a research note on Saturday, April 26th. Bank of America lifted their price target on shares of Trip.com Group from $68.00 to $70.00 and gave the company a “buy” rating in a research report on Wednesday, May 21st. TD Securities lifted their target price on Trip.com Group from $67.00 to $73.00 and gave the stock a “buy” rating in a research note on Tuesday, May 20th. Finally, Benchmark reaffirmed a “buy” rating and set a $80.00 target price on shares of Trip.com Group in a report on Tuesday, May 20th. One research analyst has rated the stock with a hold rating, ten have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Trip.com Group has a consensus rating of “Buy” and a consensus price target of $77.25.

Trip.com Group 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.