Wellington Management Group LLP Has $299.70 Million Holdings in Trip.com Group Limited (NASDAQ:TCOM)

Wellington Management Group LLP increased its holdings in Trip.com Group Limited (NASDAQ:TCOM) by 92.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,364,985 shares of the company’s stock after purchasing an additional 2,101,937 shares during the quarter. Wellington Management Group LLP owned approximately 0.68% of Trip.com Group worth $299,700,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of TCOM. Brooklyn Investment Group acquired a new position in shares of Trip.com Group in the 4th quarter worth approximately $25,000. Rakuten Securities Inc. raised its stake in Trip.com Group by 1,496.7% during the fourth quarter. Rakuten Securities Inc. now owns 479 shares of the company’s stock worth $33,000 after buying an additional 449 shares during the last quarter. Principal Securities Inc. lifted its holdings in Trip.com Group by 46.8% in the fourth quarter. Principal Securities Inc. now owns 530 shares of the company’s stock valued at $36,000 after buying an additional 169 shares during the period. Farther Finance Advisors LLC boosted its position in Trip.com Group by 443.5% during the fourth quarter. Farther Finance Advisors LLC now owns 625 shares of the company’s stock valued at $43,000 after acquiring an additional 510 shares during the last quarter. Finally, SBI Securities Co. Ltd. acquired a new stake in Trip.com Group during the 4th quarter worth about $94,000. 35.41% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. JPMorgan Chase & Co. dropped their price objective on Trip.com Group from $80.00 to $75.00 and set an “overweight” rating on the stock in a research note on Thursday, February 27th. Citigroup boosted their price target on Trip.com Group from $73.00 to $78.00 and gave the company a “buy” rating in a research note on Friday, January 3rd. StockNews.com downgraded shares of Trip.com Group from a “buy” rating to a “hold” rating in a research report on Wednesday, February 26th. Finally, Benchmark reiterated a “buy” rating and set a $80.00 target price on shares of Trip.com Group in a research report on Tuesday, February 25th. One equities research 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. According to data from MarketBeat.com, Trip.com Group currently has an average rating of “Buy” and an average price target of $77.08.

Trip.com Group Trading Down 0.6 %

TCOM opened at $63.17 on Wednesday. Trip.com Group Limited has a fifty-two week low of $38.23 and a fifty-two week high of $77.18. The firm has a market capitalization of $40.69 billion, a PE ratio of 18.91, a P/E/G ratio of 0.67 and a beta of 0.38. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.42 and a quick ratio of 1.42. The company’s 50-day moving average is $65.50 and its 200 day moving average is $64.75.

Trip.com Group Dividend Announcement

The business also recently disclosed a — dividend, which will be paid on Friday, April 4th. Stockholders of record on Monday, March 17th will be paid a $0.30 dividend. The ex-dividend date is Monday, March 17th. Trip.com Group’s dividend payout ratio (DPR) is presently 8.02%.

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.