Trip.com Group Limited (NASDAQ:TCOM) Shares Purchased by Cetera Investment Advisers

Cetera Investment Advisers lifted its stake in Trip.com Group Limited (NASDAQ:TCOM) by 24.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 22,538 shares of the company’s stock after acquiring an additional 4,386 shares during the quarter. Cetera Investment Advisers’ holdings in Trip.com Group were worth $1,547,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in TCOM. Capstone Investment Advisors LLC raised its stake in Trip.com Group by 11.6% during the 4th quarter. Capstone Investment Advisors LLC now owns 6,500 shares of the company’s stock worth $446,000 after acquiring an additional 677 shares in the last quarter. Balyasny Asset Management L.P. purchased a new stake in shares of Trip.com Group in the fourth quarter valued at about $655,000. Baird Financial Group Inc. purchased a new stake in shares of Trip.com Group in the fourth quarter valued at about $382,000. BNP Paribas Financial Markets purchased a new stake in shares of Trip.com Group in the fourth quarter valued at about $4,330,000. Finally, Alyeska Investment Group L.P. purchased a new stake in shares of Trip.com Group in the fourth quarter valued at about $12,016,000. 35.41% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have issued reports on TCOM. Benchmark restated a “buy” rating and set a $80.00 target price on shares of Trip.com Group in a research report on Tuesday. StockNews.com lowered shares of Trip.com Group from a “buy” rating to a “hold” rating in a research report on Saturday, April 26th. JPMorgan Chase & Co. cut their price objective on shares of Trip.com Group from $80.00 to $75.00 and set an “overweight” rating for the company in a research report on Thursday, February 27th. TD Securities upped their price target on shares of Trip.com Group from $67.00 to $73.00 and gave the stock a “buy” rating in a research report on Tuesday. Finally, Mizuho raised shares of Trip.com Group to a “strong-buy” rating in a research report on Friday, May 2nd. One analyst has rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $77.98.

Trip.com Group Price Performance

NASDAQ TCOM opened at $63.38 on Wednesday. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $41.40 billion, a PE ratio of 18.98, a price-to-earnings-growth ratio of 0.67 and a beta of 0.08. The company has a 50 day moving average price of $60.40 and a two-hundred day moving average price of $64.56. Trip.com Group Limited has a 12-month low of $38.23 and a 12-month high of $77.18.

Trip.com Group Announces Dividend

The company also recently declared a — dividend, which was paid on Friday, April 4th. Stockholders 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 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.