Capital International Ltd. CA Reduces Stock Holdings in Trip.com Group Limited Sponsored ADR $TCOM

Capital International Ltd. CA trimmed its position in Trip.com Group Limited Sponsored ADR (NASDAQ:TCOM) by 23.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 371,377 shares of the company’s stock after selling 115,249 shares during the period. Capital International Ltd. CA owned about 0.06% of Trip.com Group worth $26,706,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. TD Private Client Wealth LLC purchased a new position in shares of Trip.com Group during the 4th quarter valued at about $31,000. NewEdge Advisors LLC lifted its position in shares of Trip.com Group by 384.6% during the 1st quarter. NewEdge Advisors LLC now owns 567 shares of the company’s stock valued at $36,000 after buying an additional 450 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of Trip.com Group by 44.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 701 shares of the company’s stock valued at $41,000 after buying an additional 215 shares in the last quarter. Caitong International Asset Management Co. Ltd lifted its position in shares of Trip.com Group by 601.3% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 554 shares of the company’s stock valued at $42,000 after buying an additional 475 shares in the last quarter. Finally, Advisors Preferred LLC purchased a new position in shares of Trip.com Group during the 4th quarter valued at about $65,000. 35.41% of the stock is owned by hedge funds and other institutional investors.

Trip.com Group Stock Performance

NASDAQ:TCOM opened at $47.69 on Friday. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.55 and a quick 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’s 50 day simple moving average is $50.82 and its two-hundred day simple moving average is $58.99. The company has a market cap of $30.98 billion, a price-to-earnings ratio of 7.12, a PEG ratio of 3.31 and a beta of -0.07.

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

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on TCOM shares. Benchmark lowered their price objective 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. Zacks Research downgraded Trip.com Group from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 20th. TD Cowen decreased their target price on Trip.com Group from $73.00 to $68.00 and set a “buy” rating on the stock in a research note on Thursday, February 26th. Barclays reissued an “overweight” rating and set a $75.00 target price on shares of Trip.com Group in a research note on Thursday, February 26th. Finally, Weiss Ratings downgraded Trip.com Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, March 2nd. Eight research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Trip.com Group currently has a consensus rating of “Moderate Buy” and a consensus price target of $77.50.

Trip.com Group Company 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.