Jennison Associates LLC Trims Stock Holdings in Trip.com Group Limited Sponsored ADR $TCOM

Jennison Associates LLC lowered its holdings in Trip.com Group Limited Sponsored ADR (NASDAQ:TCOM) by 26.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 369,952 shares of the company’s stock after selling 132,009 shares during the period. Jennison Associates LLC’s holdings in Trip.com Group were worth $26,603,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. First Horizon Corp purchased a new position in Trip.com Group in the third quarter valued at about $27,000. NewEdge Advisors LLC lifted its holdings in Trip.com Group by 384.6% during the 1st quarter. NewEdge Advisors LLC now owns 567 shares of the company’s stock worth $36,000 after buying an additional 450 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in Trip.com Group by 44.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 701 shares of the company’s stock worth $41,000 after buying an additional 215 shares during the last quarter. Caitong International Asset Management Co. Ltd lifted its holdings in Trip.com Group by 601.3% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 554 shares of the company’s stock worth $42,000 after buying an additional 475 shares during the last quarter. Finally, TD Waterhouse Canada Inc. lifted its holdings in Trip.com Group by 26.0% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 1,226 shares of the company’s stock worth $92,000 after buying an additional 253 shares during the last quarter. Hedge funds and other institutional investors own 35.41% of the company’s stock.

Analysts Set New Price Targets

TCOM has been the topic of a number of research analyst reports. Benchmark reduced their target price on Trip.com Group from $82.00 to $72.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. TD Cowen lowered their price objective on shares of Trip.com Group from $73.00 to $68.00 and set a “buy” rating for the company in a research report on Thursday, February 26th. Weiss Ratings downgraded shares of Trip.com Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, March 2nd. Barclays reaffirmed an “overweight” rating and set a $75.00 price objective on shares of Trip.com Group in a research report on Thursday, February 26th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $75.00 price objective on shares of Trip.com Group in a research report on Thursday, February 26th. Nine investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $77.00.

Trip.com Group Trading Up 0.0%

Shares of NASDAQ TCOM opened at $54.22 on Friday. The company has a market cap of $35.42 billion, a price-to-earnings ratio of 8.09, a price-to-earnings-growth ratio of 3.76 and a beta of -0.03. Trip.com Group Limited Sponsored ADR has a 12-month low of $48.48 and a 12-month high of $78.99. The company has a current ratio of 1.55, a quick ratio of 1.48 and a debt-to-equity ratio of 0.07. The stock’s 50 day simple moving average is $52.19 and its 200 day simple moving average is $62.76.

Trip.com Group (NASDAQ:TCOM) last announced its quarterly earnings results on Saturday, February 14th. The company reported $0.71 earnings per share (EPS) for the quarter. The business had revenue of $2.20 billion for the quarter. Trip.com Group had a return on equity of 18.56% and a net margin of 53.28%. Equities research analysts expect that Trip.com Group Limited Sponsored ADR will post 3.61 EPS for the current year.

Trending Headlines about Trip.com Group

Here are the key news stories impacting Trip.com Group this week:

• Neutral Sentiment: Analyst/coverage note: A Zacks piece highlights recent outperformance vs. the market and summarizes recent price action, which may be used by some investors as a counterpoint to the legal headlines. Trip.com (TCOM) Surpasses Market Returns
• Negative Sentiment: Lawsuit filed after AI pricing controversy and antitrust probe: Hagens Berman says a securities class action was filed alleging Trip.com misled investors about AI‑driven pricing and antitrust risks; the filing cites the mid‑January ADS drop and seeks damages for purchasers during Apr 30, 2024–Jan 13, 2026. This is a direct legal claim that could lead to discovery, litigation expense and settlement risk. TCOM Lawsuit Filed After AI Pricing Controversy
• Negative Sentiment: Multiple law firms solicit lead plaintiffs and remind investors of a May 11 lead‑plaintiff deadline: Rosen, Pomerantz, Gross, Bragar, Schall, Faruqi and others have issued notices encouraging filings for the same class period, increasing the likelihood of coordinated litigation activity and media attention. That amplifies legal overhang and could keep volatility elevated. (Example reminder from Rosen.) Rosen Law Firm Reminder
• Negative Sentiment: Additional plaintiff‑firm announcements (Pomerantz, Gross, Bragar, Schall, ClaimsFiler, Faruqi): Multiple filings and press releases reiterate the alleged link between Trip.com’s disclosures and China’s State Administration for Market Regulation probe; these create duplication of legal claims and potential class consolidation in federal court. Pomerantz Investor Alert

About Trip.com Group

Trip.com Group (NASDAQ: TCOM) is a China-based online travel services company that provides a broad range of consumer and business travel products. The company operates consumer-facing travel platforms and mobile apps that enable users to search, book and manage hotel reservations, airline tickets, packaged tours, rail travel, car rentals, airport transfers and local activities. It also offers corporate travel management and B2B solutions that support travel suppliers and downstream distribution partners.

Headquartered in Shanghai, Trip.com Group serves customers across China and increasingly in international markets through a portfolio of brands and global distribution channels.