Trip.com Group Limited (NASDAQ:TCOM) Shares Acquired by American Century Companies Inc.

American Century Companies Inc. increased its stake in shares of Trip.com Group Limited (NASDAQ:TCOM) by 58.1% during the 4th quarter, Holdings Channel reports. The fund owned 1,258,031 shares of the company’s stock after purchasing an additional 462,090 shares during the quarter. American Century Companies Inc.’s holdings in Trip.com Group were worth $86,376,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of TCOM. Brooklyn Investment Group acquired a new stake in shares of Trip.com Group during the 4th quarter worth approximately $25,000. Rakuten Securities Inc. grew its position in Trip.com Group by 1,496.7% during the fourth quarter. Rakuten Securities Inc. now owns 479 shares of the company’s stock valued at $33,000 after buying an additional 449 shares during the period. Principal Securities Inc. grew its position in Trip.com Group by 46.8% during the fourth quarter. Principal Securities Inc. now owns 530 shares of the company’s stock valued at $36,000 after buying an additional 169 shares during the period. RPg Family Wealth Advisory LLC purchased a new position in Trip.com Group in the third quarter valued at $38,000. Finally, Farther Finance Advisors LLC raised its position in shares of Trip.com Group by 443.5% in the fourth quarter. Farther Finance Advisors LLC now owns 625 shares of the company’s stock worth $43,000 after acquiring an additional 510 shares during the period. 35.41% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. StockNews.com cut Trip.com Group from a “buy” rating to a “hold” rating in a research report on Wednesday, February 26th. Benchmark restated a “buy” rating and issued a $80.00 price objective on shares of Trip.com Group in a research report on Tuesday, February 25th. JPMorgan Chase & Co. decreased their target price on Trip.com Group from $80.00 to $75.00 and set an “overweight” rating on the stock in a research report on Thursday, February 27th. Finally, Citigroup boosted their price target on shares of Trip.com Group from $73.00 to $78.00 and gave the stock a “buy” rating in a report on Friday, January 3rd. One investment analyst has rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Trip.com Group has an average rating of “Buy” and a consensus price target of $77.08.

Trip.com Group Trading Down 0.5 %

Shares of TCOM stock opened at $63.91 on Tuesday. Trip.com Group Limited has a fifty-two week low of $38.23 and a fifty-two week high of $77.18. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.42 and a current ratio of 1.42. The stock’s fifty day moving average is $65.84 and its two-hundred day moving average is $64.06. The firm has a market capitalization of $41.16 billion, a P/E ratio of 19.13, a PEG ratio of 0.67 and a beta of 0.38.

Trip.com Group Announces Dividend

The firm also recently declared a — dividend, which will be paid on Friday, April 4th. Stockholders of record on Monday, March 17th will be paid a $0.30 dividend. The ex-dividend date of this dividend is Monday, March 17th. Trip.com Group’s dividend payout ratio is currently 8.02%.

Trip.com Group Company Profile

Trip.com Group Limited, through its subsidiaries, 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.