Trip.com Group Limited (NASDAQ:TCOM) Stake Boosted by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC increased its stake in Trip.com Group Limited (NASDAQ:TCOM) by 31.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 16,285 shares of the company’s stock after purchasing an additional 3,932 shares during the period. Orion Portfolio Solutions LLC’s holdings in Trip.com Group were worth $1,118,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Brooklyn Investment Group bought a new stake in Trip.com Group in the fourth quarter valued at $25,000. Rakuten Securities Inc. lifted its position in Trip.com Group by 1,496.7% in the 4th quarter. Rakuten Securities Inc. now owns 479 shares of the company’s stock valued at $33,000 after purchasing an additional 449 shares during the last quarter. Principal Securities Inc. boosted its stake in Trip.com Group by 46.8% during the 4th quarter. Principal Securities Inc. now owns 530 shares of the company’s stock valued at $36,000 after purchasing an additional 169 shares during the period. Farther Finance Advisors LLC grew its position in Trip.com Group by 443.5% in the 4th quarter. Farther Finance Advisors LLC now owns 625 shares of the company’s stock worth $43,000 after purchasing an additional 510 shares during the last quarter. Finally, SBI Securities Co. Ltd. acquired a new stake in shares of Trip.com Group in the fourth quarter valued at approximately $94,000. Institutional investors and hedge funds own 35.41% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on TCOM. Citigroup increased their price objective on Trip.com Group from $73.00 to $78.00 and gave the stock a “buy” rating in a report on Friday, January 3rd. JPMorgan Chase & Co. decreased their price target on Trip.com Group from $80.00 to $75.00 and set an “overweight” rating for the company in a research note on Thursday, February 27th. Benchmark restated a “buy” rating and set a $80.00 price objective on shares of Trip.com Group in a research note on Tuesday, February 25th. Finally, StockNews.com lowered shares of Trip.com Group from a “buy” rating to a “hold” rating in a research report on Wednesday, February 26th. One research analyst has rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Trip.com Group presently has a consensus rating of “Buy” and a consensus price target of $77.08.

Trip.com Group Stock Performance

Shares of TCOM opened at $55.89 on Friday. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.42 and a quick ratio of 1.42. The firm’s 50 day moving average is $64.99 and its 200-day moving average is $64.78. Trip.com Group Limited has a 12-month low of $38.23 and a 12-month high of $77.18. The stock has a market capitalization of $36.00 billion, a P/E ratio of 16.73, a P/E/G ratio of 0.67 and a beta of 0.12.

Trip.com Group Announces Dividend

The firm also recently declared a — dividend, which was paid on Friday, April 4th. Shareholders of record on Monday, March 17th were given a $0.30 dividend. The ex-dividend date was Monday, March 17th. Trip.com Group’s dividend payout ratio (DPR) is 8.02%.

About Trip.com Group

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.