Capital International Inc. CA Reduces Stock Position in Trip.com Group Limited Sponsored ADR $TCOM

Capital International Inc. CA lessened its stake in shares of Trip.com Group Limited Sponsored ADR (NASDAQ:TCOM) by 8.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 425,722 shares of the company’s stock after selling 39,902 shares during the quarter. Capital International Inc. CA owned approximately 0.07% of Trip.com Group worth $30,614,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Temasek Holdings Private Ltd increased its position in Trip.com Group by 40.5% during the 3rd quarter. Temasek Holdings Private Ltd now owns 1,340,202 shares of the company’s stock worth $100,783,000 after purchasing an additional 386,333 shares in the last quarter. Green Court Capital Management Ltd increased its position in Trip.com Group by 62.2% during the 3rd quarter. Green Court Capital Management Ltd now owns 426,108 shares of the company’s stock worth $32,043,000 after purchasing an additional 163,419 shares in the last quarter. Trivest Advisors Ltd increased its position in Trip.com Group by 10.0% during the 3rd quarter. Trivest Advisors Ltd now owns 1,100,000 shares of the company’s stock worth $82,720,000 after purchasing an additional 100,000 shares in the last quarter. Sanders Capital LLC increased its position in Trip.com Group by 7.2% during the 3rd quarter. Sanders Capital LLC now owns 9,868,196 shares of the company’s stock worth $742,088,000 after purchasing an additional 662,230 shares in the last quarter. Finally, XY Capital Ltd grew its holdings in Trip.com Group by 136.3% in the 3rd quarter. XY Capital Ltd now owns 60,000 shares of the company’s stock valued at $4,512,000 after buying an additional 34,610 shares during the period. Hedge funds and other institutional investors own 35.41% of the company’s stock.

Trip.com Group Stock Down 0.8%

Shares of NASDAQ:TCOM opened at $47.69 on Friday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.55 and a current ratio of 1.55. Trip.com Group Limited Sponsored ADR has a 1 year low of $45.92 and a 1 year high of $78.99. The stock has a market capitalization of $30.98 billion, a P/E ratio of 7.12, a PEG ratio of 3.31 and a beta of -0.07. The stock has a 50-day simple moving average of $50.82 and a 200-day simple moving average of $58.99.

Trip.com Group (NASDAQ:TCOM) last issued its earnings results 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 business had revenue of $2.20 billion during the quarter. Equities analysts forecast that Trip.com Group Limited Sponsored ADR will post 3.61 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts have commented on the company. Zacks Research cut Trip.com Group from a “strong-buy” rating to a “hold” rating in a report on Friday, February 20th. Barclays restated an “overweight” rating and issued a $75.00 price target on shares of Trip.com Group in a report on Thursday, February 26th. Weiss Ratings cut Trip.com Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, March 2nd. Morgan Stanley restated an “overweight” rating and issued a $75.00 price target on shares of Trip.com Group in a report on Thursday, February 26th. Finally, TD Cowen lowered their price target on Trip.com Group from $73.00 to $68.00 and set a “buy” rating for the company in a report on Thursday, February 26th. Eight investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Trip.com Group currently has an average rating of “Moderate Buy” and an average target price of $77.50.

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.