Trip.com Group Limited (NASDAQ:TCOM) Shares Sold by Capital International Inc. CA

Capital International Inc. CA lessened its holdings in shares of Trip.com Group Limited (NASDAQ:TCOM) by 14.9% during the fourth quarter, HoldingsChannel reports. The fund owned 774,850 shares of the company’s stock after selling 135,401 shares during the period. Capital International Inc. CA’s holdings in Trip.com Group were worth $53,201,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of TCOM. First Trust Advisors LP increased its holdings in Trip.com Group by 127.8% during the 4th quarter. First Trust Advisors LP now owns 83,700 shares of the company’s stock valued at $5,747,000 after acquiring an additional 46,957 shares in the last quarter. Capital International Investors boosted its position in shares of Trip.com Group by 0.7% in the fourth quarter. Capital International Investors now owns 8,079,203 shares of the company’s stock worth $554,717,000 after acquiring an additional 53,784 shares during the last quarter. Wasatch Advisors LP increased its holdings in shares of Trip.com Group by 48.4% during the 4th quarter. Wasatch Advisors LP now owns 1,831,057 shares of the company’s stock worth $125,720,000 after buying an additional 597,067 shares during the last quarter. Jump Financial LLC purchased a new position in shares of Trip.com Group in the 4th quarter worth about $9,118,000. Finally, Mariner LLC raised its holdings in Trip.com Group by 26.8% in the fourth quarter. Mariner LLC now owns 9,184 shares of the company’s stock valued at $631,000 after buying an additional 1,942 shares during the period. Hedge funds and other institutional investors own 35.41% of the company’s stock.

Trip.com Group Price Performance

NASDAQ TCOM opened at $54.85 on Friday. The company has a 50-day moving average price of $61.28 and a two-hundred day moving average price of $64.83. The stock has a market cap of $35.33 billion, a price-to-earnings ratio of 16.42, a price-to-earnings-growth 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 Limited has a 52 week low of $38.23 and a 52 week high of $77.18.

Trip.com Group Announces Dividend

The firm also recently announced a — dividend, which was paid on Friday, April 4th. Investors of record on Monday, March 17th were given a $0.30 dividend. The ex-dividend date of this dividend was Monday, March 17th. Trip.com Group’s dividend payout ratio is currently 8.02%.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Citigroup raised their target price on Trip.com Group from $73.00 to $78.00 and gave the company a “buy” rating in a report on Friday, January 3rd. StockNews.com upgraded Trip.com Group from a “hold” rating to a “buy” rating in a research note on Friday. Benchmark reissued a “buy” rating and set a $80.00 target price on shares of Trip.com Group in a report on Tuesday, February 25th. Finally, JPMorgan Chase & Co. reduced their price target on shares of Trip.com Group from $80.00 to $75.00 and set an “overweight” rating on the stock in a research report on Thursday, February 27th. Eleven research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $77.08.

About Trip.com Group

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.