Trip.com Group Limited (NASDAQ:TCOM) is Aubrey Capital Management Ltd’s 9th Largest Position

Aubrey Capital Management Ltd boosted its position in Trip.com Group Limited (NASDAQ:TCOM) by 2.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 303,200 shares of the company’s stock after purchasing an additional 6,200 shares during the period. Trip.com Group comprises 4.6% of Aubrey Capital Management Ltd’s investment portfolio, making the stock its 9th biggest position. Aubrey Capital Management Ltd’s holdings in Trip.com Group were worth $10,918,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of TCOM. Simplicity Solutions LLC boosted its holdings in shares of Trip.com Group by 0.9% during the third quarter. Simplicity Solutions LLC now owns 121,415 shares of the company’s stock worth $4,246,000 after purchasing an additional 1,053 shares during the last quarter. Hardman Johnston Global Advisors LLC acquired a new stake in shares of Trip.com Group during the third quarter worth $353,000. Deltec Asset Management LLC acquired a new stake in shares of Trip.com Group during the third quarter worth $682,000. Raymond James & Associates boosted its holdings in shares of Trip.com Group by 24.1% during the third quarter. Raymond James & Associates now owns 122,973 shares of the company’s stock worth $4,300,000 after purchasing an additional 23,920 shares during the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. boosted its holdings in shares of Trip.com Group by 21.1% during the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,245 shares of the company’s stock worth $114,000 after purchasing an additional 566 shares during the last quarter. Hedge funds and other institutional investors own 35.41% of the company’s stock.

Trip.com Group Price Performance

TCOM traded up $0.18 during trading on Friday, reaching $50.60. The stock had a trading volume of 4,542,364 shares, compared to its average volume of 3,440,245. The firm has a market capitalization of $32.69 billion, a price-to-earnings ratio of 24.44 and a beta of 0.56. The company has a quick ratio of 1.17, a current ratio of 1.23 and a debt-to-equity ratio of 0.16. Trip.com Group Limited has a 1-year low of $30.70 and a 1-year high of $51.89. The stock has a 50 day moving average of $45.99 and a two-hundred day moving average of $39.13.

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

Wall Street Analyst Weigh In

TCOM has been the topic of a number of research analyst reports. Barclays boosted their price objective on Trip.com Group from $56.00 to $60.00 and gave the stock an “overweight” rating in a research note on Thursday, February 22nd. Mizuho boosted their price objective 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. Citigroup boosted their price objective on Trip.com Group from $53.00 to $55.00 and gave the stock a “buy” rating in a research note on Monday, April 1st. StockNews.com raised Trip.com Group from a “hold” rating to a “buy” rating in a research report on Friday, February 23rd. Finally, UBS Group lifted their target price on Trip.com Group from $48.00 to $52.00 and gave the stock a “buy” rating in a research report on Thursday, February 22nd. Two research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $53.67.

About Trip.com Group

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.