Yousif Capital Management LLC Grows Holdings in Trip.com Group Limited Sponsored ADR $TCOM

Yousif Capital Management LLC boosted its holdings in Trip.com Group Limited Sponsored ADR (NASDAQ:TCOM) by 4.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,776 shares of the company’s stock after purchasing an additional 505 shares during the quarter. Yousif Capital Management LLC’s holdings in Trip.com Group were worth $632,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Cetera Investment Advisers raised its position in Trip.com Group by 0.7% in the 1st quarter. Cetera Investment Advisers now owns 22,704 shares of the company’s stock valued at $1,444,000 after purchasing an additional 166 shares during the last quarter. Blair William & Co. IL raised its position in Trip.com Group by 3.9% in the 2nd quarter. Blair William & Co. IL now owns 5,398 shares of the company’s stock valued at $317,000 after purchasing an additional 205 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in Trip.com Group by 4.1% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 6,032 shares of the company’s stock valued at $354,000 after purchasing an additional 235 shares during the last quarter. Prudential PLC raised its position in Trip.com Group by 2.1% in the 1st quarter. Prudential PLC now owns 11,897 shares of the company’s stock valued at $756,000 after purchasing an additional 244 shares during the last quarter. Finally, Baird Financial Group Inc. raised its position in Trip.com Group by 4.7% during the 1st quarter. Baird Financial Group Inc. now owns 5,828 shares of the company’s stock worth $371,000 after buying an additional 261 shares during the last quarter. Hedge funds and other institutional investors own 35.41% of the company’s stock.

Trip.com Group Stock Performance

Shares of TCOM opened at $70.76 on Thursday. The company has a 50-day simple moving average of $71.56 and a 200-day simple moving average of $64.24. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.07. The company has a market capitalization of $46.23 billion, a PE ratio of 19.39, a P/E/G ratio of 2.74 and a beta of 0.03. Trip.com Group Limited Sponsored ADR has a 52-week low of $51.35 and a 52-week high of $78.65.

Wall Street Analysts Forecast Growth

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

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.