Parallel Advisors LLC Has $31,000 Stock Holdings in Group Limited (NASDAQ:TCOM)

Parallel Advisors LLC lowered its position in Group Limited (NASDAQ:TCOMGet Rating) by 47.3% in the 1st quarter, reports. The institutional investor owned 1,268 shares of the company’s stock after selling 1,137 shares during the quarter. Parallel Advisors LLC’s holdings in Group were worth $31,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in TCOM. Pinebridge Investments L.P. bought a new position in shares of Group during the fourth quarter valued at $52,000. Exane Derivatives acquired a new position in Group during the 1st quarter worth about $78,000. Causeway Capital Management LLC grew its position in shares of Group by 9.5% in the 4th quarter. Causeway Capital Management LLC now owns 8,892 shares of the company’s stock valued at $219,000 after buying an additional 774 shares during the last quarter. Pictet North America Advisors SA increased its stake in shares of Group by 7.0% in the fourth quarter. Pictet North America Advisors SA now owns 9,200 shares of the company’s stock valued at $227,000 after buying an additional 600 shares during the period. Finally, FNY Investment Advisers LLC bought a new position in shares of Group during the first quarter worth about $231,000. Institutional investors own 66.54% of the company’s stock. Group Price Performance

TCOM stock opened at $26.51 on Monday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.20 and a current ratio of 1.20. The business has a 50-day simple moving average of $23.59 and a two-hundred day simple moving average of $23.98. The company has a market capitalization of $15.90 billion, a P/E ratio of -33.14 and a beta of 0.70. Group Limited has a 52-week low of $14.29 and a 52-week high of $33.27. Group (NASDAQ:TCOMGet Rating) last posted its quarterly earnings data on Monday, June 27th. The company reported ($0.06) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.55) by $0.49. The firm had revenue of $4.11 billion for the quarter, compared to the consensus estimate of $3.85 billion. Group had a negative net margin of 16.53% and a positive return on equity of 0.51%. The business’s revenue for the quarter was up .0% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.12) EPS. Research analysts expect that Group Limited will post -0.22 EPS for the current fiscal year.

Analysts Set New Price Targets

TCOM has been the subject of a number of recent analyst reports. raised shares of Group from a “sell” rating to a “hold” rating in a research report on Wednesday, July 6th. Mizuho lowered their target price on shares of Group from $32.00 to $30.00 and set a “buy” rating for the company in a research note on Tuesday, June 28th. Benchmark cut their price target on shares of Group from $40.00 to $35.00 and set a “buy” rating on the stock in a research report on Tuesday, June 28th. Finally, Citigroup lifted their price objective on Group from $29.00 to $32.00 and gave the stock a “buy” rating in a research report on Wednesday, June 29th. Three research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $31.38. Group Company Profile

(Get Rating) Group Limited 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.

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Institutional Ownership by Quarter for Group (NASDAQ:TCOM)

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