Aubrey Capital Management Ltd Takes $12.82 Million Position in Trip.com Group Limited Sponsored ADR $TCOM

Aubrey Capital Management Ltd acquired a new position in Trip.com Group Limited Sponsored ADR (NASDAQ:TCOM) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 170,500 shares of the company’s stock, valued at approximately $12,822,000. Trip.com Group comprises 4.0% of Aubrey Capital Management Ltd’s investment portfolio, making the stock its 10th largest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. Advisory Services Network LLC lifted its position in Trip.com Group by 2.1% during the second quarter. Advisory Services Network LLC now owns 8,438 shares of the company’s stock valued at $523,000 after purchasing an additional 176 shares during the last quarter. Legacy Wealth Asset Management LLC lifted its holdings in shares of Trip.com Group by 2.1% during the 2nd quarter. Legacy Wealth Asset Management LLC now owns 8,934 shares of the company’s stock worth $524,000 after acquiring an additional 184 shares during the last quarter. Frank Rimerman Advisors LLC lifted its holdings in shares of Trip.com Group by 1.7% during the 2nd quarter. Frank Rimerman Advisors LLC now owns 10,958 shares of the company’s stock worth $643,000 after acquiring an additional 185 shares during the last quarter. Blair William & Co. IL grew its position in Trip.com Group by 3.9% in the second quarter. Blair William & Co. IL now owns 5,398 shares of the company’s stock worth $317,000 after acquiring an additional 205 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its stake in Trip.com Group by 44.2% in the second quarter. EverSource Wealth Advisors LLC now owns 701 shares of the company’s stock valued at $41,000 after acquiring an additional 215 shares during the last quarter. 35.41% of the stock is owned by hedge funds and other institutional investors.

Trip.com Group Stock Up 2.7%

Shares of NASDAQ TCOM opened at $62.10 on Thursday. The firm’s fifty day moving average is $70.93 and its 200 day moving average is $69.52. Trip.com Group Limited Sponsored ADR has a 52 week low of $51.35 and a 52 week high of $78.99. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.06. The company has a market cap of $40.57 billion, a price-to-earnings ratio of 9.94, a PEG ratio of 2.02 and a beta of -0.13.

Analysts Set New Price Targets

TCOM has been the subject of a number of research reports. Bank of America upped their price objective on Trip.com Group from $83.00 to $85.00 and gave the stock a “buy” rating in a report on Thursday, November 20th. Barclays upped their target price on Trip.com Group from $85.00 to $90.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 19th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Trip.com Group in a research report on Monday, December 29th. Zacks Research upgraded shares of Trip.com Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, December 3rd. Finally, Benchmark increased their target price on shares of Trip.com Group from $80.00 to $82.00 and gave the company a “buy” rating in a report on Tuesday, November 18th. One analyst has rated the stock with a Strong Buy rating and nine have issued a Buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $81.25.

About Trip.com Group

Trip.com Group (NASDAQ: TCOM) is a China-based online travel services company that provides a broad range of consumer and business travel products. The company operates consumer-facing travel platforms and mobile apps that enable users to search, book and manage hotel reservations, airline tickets, packaged tours, rail travel, car rentals, airport transfers and local activities. It also offers corporate travel management and B2B solutions that support travel suppliers and downstream distribution partners.

Headquartered in Shanghai, Trip.com Group serves customers across China and increasingly in international markets through a portfolio of brands and global distribution channels.