Trip.com Group Limited Sponsored ADR $TCOM Shares Acquired by Blair William & Co. IL

Blair William & Co. IL lifted its position in shares of Trip.com Group Limited Sponsored ADR (NASDAQ:TCOM) by 3.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,398 shares of the company’s stock after purchasing an additional 205 shares during the period. Blair William & Co. IL’s holdings in Trip.com Group were worth $317,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in TCOM. GAMMA Investing LLC raised its holdings in Trip.com Group by 6,259.0% in the first quarter. GAMMA Investing LLC now owns 2,480 shares of the company’s stock valued at $158,000 after acquiring an additional 2,441 shares in the last quarter. SG Americas Securities LLC acquired a new stake in Trip.com Group in the first quarter valued at $432,000. QRG Capital Management Inc. raised its holdings in Trip.com Group by 3.4% in the first quarter. QRG Capital Management Inc. now owns 15,246 shares of the company’s stock valued at $969,000 after acquiring an additional 495 shares in the last quarter. Blue Trust Inc. raised its holdings in Trip.com Group by 83.7% in the first quarter. Blue Trust Inc. now owns 4,364 shares of the company’s stock valued at $277,000 after acquiring an additional 1,988 shares in the last quarter. Finally, GAM Holding AG raised its holdings in Trip.com Group by 24.5% in the first quarter. GAM Holding AG now owns 52,495 shares of the company’s stock valued at $3,338,000 after acquiring an additional 10,329 shares in the last quarter. 35.41% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have weighed in on TCOM shares. Weiss Ratings reiterated a “hold (c+)” rating on shares of Trip.com Group in a research note on Wednesday, October 8th. Sanford C. Bernstein boosted their target price on shares of Trip.com Group from $75.00 to $78.00 and gave the company an “outperform” rating in a research note on Friday, August 29th. Barclays boosted their target price on shares of Trip.com Group from $84.00 to $85.00 and gave the company an “overweight” rating in a research note on Friday, August 29th. Mizuho boosted their target price on shares of Trip.com Group from $78.00 to $81.00 and gave the company an “outperform” rating in a research note on Thursday, August 28th. Finally, Zacks Research upgraded shares of Trip.com Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, September 4th. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $76.98.

Trip.com Group Price Performance

Shares of NASDAQ TCOM opened at $70.14 on Friday. Trip.com Group Limited Sponsored ADR has a twelve month low of $51.35 and a twelve month high of $78.65. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.07. The company has a market capitalization of $45.82 billion, a price-to-earnings ratio of 19.22, a PEG ratio of 2.89 and a beta of 0.03. The firm has a 50-day moving average of $70.91 and a two-hundred day moving average of $64.02.

Trip.com Group Company 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.