Capital International Inc. CA Decreases Stake in Trip.com Group Limited Sponsored ADR $TCOM

Capital International Inc. CA cut its stake in shares of Trip.com Group Limited Sponsored ADR (NASDAQ:TCOM) by 8.6% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 425,722 shares of the company’s stock after selling 39,902 shares during the period. Capital International Inc. CA’s holdings in Trip.com Group were worth $30,614,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TCOM. Royal Bank of Canada lifted its position in Trip.com Group by 22.9% during the 1st quarter. Royal Bank of Canada now owns 32,521 shares of the company’s stock worth $2,068,000 after acquiring an additional 6,062 shares in the last quarter. NewEdge Advisors LLC lifted its position in Trip.com Group by 384.6% during the 1st quarter. NewEdge Advisors LLC now owns 567 shares of the company’s stock worth $36,000 after acquiring an additional 450 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Trip.com Group by 332.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 40,088 shares of the company’s stock worth $2,549,000 after acquiring an additional 30,819 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in Trip.com Group by 44.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 701 shares of the company’s stock worth $41,000 after acquiring an additional 215 shares in the last quarter. Finally, Flow Traders U.S. LLC acquired a new position in Trip.com Group during the 2nd quarter worth approximately $215,000. 35.41% of the stock is owned by institutional investors and hedge funds.

Trip.com Group Price Performance

TCOM stock opened at $47.69 on Friday. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.07. Trip.com Group Limited Sponsored ADR has a 52-week low of $45.92 and a 52-week high of $78.99. The stock’s 50 day moving average is $50.82 and its two-hundred day moving average is $58.99. The company has a market capitalization of $30.98 billion, a PE ratio of 7.12, a P/E/G ratio of 3.31 and a beta of -0.07.

Trip.com Group (NASDAQ:TCOM) last posted its quarterly earnings data on Saturday, February 14th. The company reported $0.71 earnings per share (EPS) for the quarter. Trip.com Group had a return on equity of 18.56% and a net margin of 53.28%.The company had revenue of $2.20 billion for the quarter. Analysts predict that Trip.com Group Limited Sponsored ADR will post 3.61 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently commented on TCOM. Barclays reissued an “overweight” rating and set a $75.00 price target on shares of Trip.com Group in a research report on Thursday, February 26th. Weiss Ratings lowered Trip.com Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, March 2nd. TD Cowen reduced their price target on Trip.com Group from $73.00 to $68.00 and set a “buy” rating on the stock in a research report on Thursday, February 26th. Morgan Stanley reissued an “overweight” rating and set a $75.00 price target on shares of Trip.com Group in a research report on Thursday, February 26th. Finally, Benchmark reduced their price target on Trip.com Group from $82.00 to $72.00 and set a “buy” rating on the stock in a research report on Thursday, February 26th. Eight investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Trip.com Group currently has an average rating of “Moderate Buy” and an average price target of $77.50.

Trip.com Group Profile

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.