West Family Investments Inc. Sells 237 Shares of Trip.com Group Limited (NASDAQ:TCOM)

West Family Investments Inc. trimmed its stake in Trip.com Group Limited (NASDAQ:TCOM) by 4.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,143 shares of the company’s stock after selling 237 shares during the quarter. West Family Investments Inc.’s holdings in Trip.com Group were worth $353,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the stock. FMR LLC boosted its holdings in Trip.com Group by 32.8% in the third quarter. FMR LLC now owns 11,123,783 shares of the company’s stock worth $661,086,000 after acquiring an additional 2,749,365 shares in the last quarter. Sanders Capital LLC boosted its holdings in Trip.com Group by 34.7% in the third quarter. Sanders Capital LLC now owns 9,566,403 shares of the company’s stock worth $568,531,000 after acquiring an additional 2,462,767 shares in the last quarter. ARGA Investment Management LP raised its stake in shares of Trip.com Group by 46.9% in the third quarter. ARGA Investment Management LP now owns 5,899,404 shares of the company’s stock worth $350,602,000 after purchasing an additional 1,884,044 shares during the last quarter. Cantillon Capital Management LLC raised its stake in shares of Trip.com Group by 14.9% in the third quarter. Cantillon Capital Management LLC now owns 4,868,383 shares of the company’s stock worth $289,328,000 after purchasing an additional 629,508 shares during the last quarter. Finally, CoreView Capital Management Ltd raised its stake in shares of Trip.com Group by 15.8% in the third quarter. CoreView Capital Management Ltd now owns 4,676,166 shares of the company’s stock worth $277,905,000 after purchasing an additional 639,000 shares during the last quarter. 35.41% of the stock is owned by institutional investors.

Trip.com Group Stock Up 0.5 %

Trip.com Group stock opened at $63.83 on Friday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.42 and a current ratio of 1.42. The stock has a fifty day moving average of $66.34 and a 200 day moving average of $62.38. The stock has a market cap of $41.11 billion, a PE ratio of 19.11, a price-to-earnings-growth ratio of 0.67 and a beta of 0.38. Trip.com Group Limited has a one year low of $38.23 and a one year high of $77.18.

Trip.com Group Dividend Announcement

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

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on TCOM shares. JPMorgan Chase & Co. decreased their price target on Trip.com Group from $80.00 to $75.00 and set an “overweight” rating for the company in a research note on Thursday, February 27th. Hsbc Global Res upgraded Trip.com Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 19th. HSBC upgraded Trip.com Group from a “hold” rating to a “buy” rating and set a $75.00 price target for the company in a research note on Tuesday, November 19th. Mizuho boosted their price target on Trip.com Group from $65.00 to $78.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 12th. Finally, Macquarie boosted their price target on Trip.com Group from $75.40 to $80.80 and gave the stock an “outperform” rating in a research note on Wednesday, November 20th. One investment analyst has rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Trip.com Group currently has a consensus rating of “Buy” and an average target price of $77.08.

Trip.com Group 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.