Stifel Financial Corp Grows Position in Trip.com Group Limited (NASDAQ:TCOM)

Stifel Financial Corp raised its position in Trip.com Group Limited (NASDAQ:TCOM) by 28.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 22,054 shares of the company’s stock after purchasing an additional 4,854 shares during the quarter. Stifel Financial Corp’s holdings in Trip.com Group were worth $1,514,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Brooklyn Investment Group purchased a new stake in shares of Trip.com Group in the fourth quarter worth approximately $25,000. National Bank of Canada FI increased its stake in Trip.com Group by 227.7% in the fourth quarter. National Bank of Canada FI now owns 462 shares of the company’s stock worth $32,000 after purchasing an additional 321 shares during the period. Rakuten Securities Inc. lifted its position in shares of Trip.com Group by 1,496.7% during the fourth quarter. Rakuten Securities Inc. now owns 479 shares of the company’s stock worth $33,000 after purchasing an additional 449 shares during the last quarter. Principal Securities Inc. boosted its stake in shares of Trip.com Group by 46.8% during the fourth quarter. Principal Securities Inc. now owns 530 shares of the company’s stock valued at $36,000 after purchasing an additional 169 shares during the period. Finally, Farther Finance Advisors LLC grew its holdings in shares of Trip.com Group by 443.5% in the fourth quarter. Farther Finance Advisors LLC now owns 625 shares of the company’s stock worth $43,000 after purchasing an additional 510 shares during the last quarter. Institutional investors own 35.41% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on TCOM shares. Benchmark reiterated a “buy” rating and set a $80.00 price objective on shares of Trip.com Group in a report on Tuesday, February 25th. Mizuho upgraded Trip.com Group to a “strong-buy” rating in a report on Friday, May 2nd. StockNews.com downgraded Trip.com Group from a “buy” rating to a “hold” rating in a report on Saturday, April 26th. Finally, JPMorgan Chase & Co. lowered their target price on Trip.com Group from $80.00 to $75.00 and set an “overweight” rating for the company in a report on Thursday, February 27th. One research analyst has rated the stock with a hold rating, nine have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $77.08.

Trip.com Group Stock Performance

Shares of Trip.com Group stock opened at $61.22 on Wednesday. The company has a market capitalization of $39.99 billion, a PE ratio of 18.33, a P/E/G ratio of 0.67 and a beta of 0.08. The company has a 50-day simple moving average of $59.73 and a two-hundred day simple moving average of $64.47. Trip.com Group Limited has a one year low of $38.23 and a one year high of $77.18. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.42 and a current ratio of 1.42.

Trip.com Group Announces Dividend

The company also recently disclosed a — dividend, which was paid on Friday, April 4th. Investors of record on Monday, March 17th were paid 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 (DPR) is presently 8.02%.

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.