Trip.com Group Limited (NASDAQ:TCOM) Position Increased by AIA Group Ltd

AIA Group Ltd lifted its position in Trip.com Group Limited (NASDAQ:TCOM) by 43.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 90,449 shares of the company’s stock after acquiring an additional 27,236 shares during the period. AIA Group Ltd’s holdings in Trip.com Group were worth $3,257,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in TCOM. BlackRock Inc. grew its position in Trip.com Group by 10.1% during the 1st quarter. BlackRock Inc. now owns 30,789,126 shares of the company’s stock worth $1,159,826,000 after purchasing an additional 2,823,937 shares in the last quarter. Morgan Stanley boosted its position in shares of Trip.com Group by 9.3% in the fourth quarter. Morgan Stanley now owns 30,375,921 shares of the company’s stock worth $1,044,932,000 after buying an additional 2,581,113 shares during the period. Vanguard Group Inc. grew its holdings in shares of Trip.com Group by 1.6% during the third quarter. Vanguard Group Inc. now owns 20,543,641 shares of the company’s stock valued at $561,047,000 after buying an additional 330,624 shares in the last quarter. Capital International Investors raised its position in Trip.com Group by 8.3% during the first quarter. Capital International Investors now owns 13,976,739 shares of the company’s stock valued at $323,142,000 after buying an additional 1,072,288 shares during the period. Finally, State Street Corp grew its stake in Trip.com Group by 5.9% during the 2nd quarter. State Street Corp now owns 9,856,226 shares of the company’s stock valued at $270,556,000 after acquiring an additional 549,530 shares in the last quarter. Institutional investors and hedge funds own 35.41% of the company’s stock.

Analyst Ratings Changes

TCOM has been the subject of a number of research reports. UBS Group lifted their target price on shares of Trip.com Group from $48.00 to $52.00 and gave the company a “buy” rating in a research note on Thursday, February 22nd. Mizuho upped their price target on Trip.com Group from $55.00 to $60.00 and gave the stock a “buy” rating in a research note on Thursday, February 22nd. HSBC raised their target price on shares of Trip.com Group from $50.00 to $60.00 and gave the company a “buy” rating in a research note on Friday, April 12th. Benchmark reissued a “buy” rating and set a $55.00 target price on shares of Trip.com Group in a research report on Wednesday. Finally, StockNews.com raised Trip.com Group from a “hold” rating to a “buy” rating in a research report on Friday, February 23rd. Two investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat.com, Trip.com Group has a consensus rating of “Moderate Buy” and a consensus target price of $53.67.

Trip.com Group Price Performance

NASDAQ:TCOM traded up $0.45 during mid-day trading on Thursday, hitting $48.71. The company’s stock had a trading volume of 1,331,573 shares, compared to its average volume of 3,868,714. The company has a market capitalization of $31.47 billion, a price-to-earnings ratio of 23.60 and a beta of 0.56. The company has a current ratio of 1.23, a quick ratio of 1.17 and a debt-to-equity ratio of 0.16. Trip.com Group Limited has a fifty-two week low of $30.70 and a fifty-two week high of $50.63. The stock has a fifty day moving average of $44.65 and a 200-day moving average of $38.38.

Trip.com Group (NASDAQ:TCOM) last issued its earnings results on Wednesday, February 21st. The company reported $0.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.29. The business had revenue of $1.45 billion during the quarter, compared to analysts’ expectations of $1.42 billion. Trip.com Group had a return on equity of 9.35% and a net margin of 22.43%. As a group, equities analysts forecast that Trip.com Group Limited will post 2.54 EPS for the current fiscal year.

Trip.com Group Company Profile

Trip.com Group Limited 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.