GUARDCAP ASSET MANAGEMENT Ltd Has $2.73 Million Stake in Trip.com Group Limited (NASDAQ:TCOM)

GUARDCAP ASSET MANAGEMENT Ltd lessened its stake in Trip.com Group Limited (NASDAQ:TCOM) by 17.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 39,700 shares of the company’s stock after selling 8,500 shares during the period. Trip.com Group accounts for 0.0% of GUARDCAP ASSET MANAGEMENT Ltd’s portfolio, making the stock its 21st largest holding. GUARDCAP ASSET MANAGEMENT Ltd’s holdings in Trip.com Group were worth $2,726,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of TCOM. Brooklyn Investment Group acquired a new stake in shares of Trip.com Group in the 4th quarter valued at approximately $25,000. Rakuten Securities Inc. raised its stake in Trip.com Group by 1,496.7% during the 4th quarter. Rakuten Securities Inc. now owns 479 shares of the company’s stock worth $33,000 after buying an additional 449 shares during the period. Principal Securities Inc. lifted its holdings in Trip.com Group by 46.8% during the fourth quarter. Principal Securities Inc. now owns 530 shares of the company’s stock worth $36,000 after acquiring an additional 169 shares in the last quarter. RPg Family Wealth Advisory LLC acquired a new position in shares of Trip.com Group in the 3rd quarter valued at approximately $38,000. Finally, Farther Finance Advisors LLC increased its position in shares of Trip.com Group by 443.5% during the fourth quarter. Farther Finance Advisors LLC now owns 625 shares of the company’s stock worth $43,000 after acquiring an additional 510 shares in the last quarter. Institutional investors and hedge funds own 35.41% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on TCOM shares. Benchmark restated a “buy” rating and set a $80.00 price objective on shares of Trip.com Group in a research note on Tuesday, February 25th. JPMorgan Chase & Co. lowered their price objective on Trip.com Group from $80.00 to $75.00 and set an “overweight” rating on the stock in a research report on Thursday, February 27th. Citigroup upped their price target on shares of Trip.com Group from $73.00 to $78.00 and gave the company a “buy” rating in a research note on Friday, January 3rd. Finally, StockNews.com downgraded Trip.com Group from a “buy” rating to a “hold” rating in a research report on Wednesday, February 26th. One investment analyst has rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $77.08.

Trip.com Group Stock Down 0.5 %

TCOM opened at $64.23 on Friday. The stock has a market cap of $41.37 billion, a PE ratio of 19.23, a P/E/G ratio of 0.67 and a beta of 0.38. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.14. Trip.com Group Limited has a 52 week low of $38.23 and a 52 week high of $77.18. The business’s fifty day simple moving average is $65.84 and its 200 day simple moving average is $63.83.

Trip.com Group Announces Dividend

The company also recently declared a — dividend, which will be paid on Friday, April 4th. Shareholders of record on Monday, March 17th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Monday, March 17th. Trip.com Group’s payout ratio is currently 8.02%.

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.