Trip.com Group Limited (NASDAQ:TCOM) Holdings Cut by OLD Mission Capital LLC

OLD Mission Capital LLC lowered its holdings in Trip.com Group Limited (NASDAQ:TCOM) by 75.8% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 101,112 shares of the company’s stock after selling 316,093 shares during the period. OLD Mission Capital LLC’s holdings in Trip.com Group were worth $4,438,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Lindbrook Capital LLC lifted its holdings in Trip.com Group by 11.4% in the first quarter. Lindbrook Capital LLC now owns 3,154 shares of the company’s stock worth $138,000 after acquiring an additional 323 shares during the last quarter. Cerity Partners LLC raised its holdings in shares of Trip.com Group by 2.8% during the fourth quarter. Cerity Partners LLC now owns 12,071 shares of the company’s stock valued at $435,000 after buying an additional 328 shares during the last quarter. Diversified Trust Co raised its holdings in shares of Trip.com Group by 1.5% during the first quarter. Diversified Trust Co now owns 24,686 shares of the company’s stock valued at $1,083,000 after buying an additional 375 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp raised its holdings in shares of Trip.com Group by 0.9% during the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 40,632 shares of the company’s stock valued at $1,908,000 after buying an additional 375 shares during the last quarter. Finally, Parallel Advisors LLC raised its holdings in shares of Trip.com Group by 14.5% during the fourth quarter. Parallel Advisors LLC now owns 3,396 shares of the company’s stock valued at $122,000 after buying an additional 430 shares during the last quarter. Institutional investors own 35.41% of the company’s stock.

Trip.com Group Stock Down 0.3 %

Shares of Trip.com Group stock traded down $0.11 on Friday, hitting $43.32. 2,221,381 shares of the company traded hands, compared to its average volume of 3,677,594. The company has a 50-day moving average price of $49.94 and a 200 day moving average price of $46.32. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.07. Trip.com Group Limited has a 12-month low of $31.55 and a 12-month high of $58.00. The company has a market cap of $27.90 billion, a PE ratio of 19.56 and a beta of 0.42.

Trip.com Group (NASDAQ:TCOM) last posted its quarterly earnings results on Monday, May 20th. The company reported $0.74 EPS for the quarter, beating the consensus estimate of $0.53 by $0.21. Trip.com Group had a net margin of 22.99% and a return on equity of 10.73%. The business had revenue of $1.65 billion for the quarter, compared to analysts’ expectations of $1.61 billion. Sell-side analysts predict that Trip.com Group Limited will post 2.89 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on TCOM. CLSA lifted their price target on Trip.com Group from $55.00 to $64.00 and gave the company a “buy” rating in a report on Monday, May 13th. Benchmark reissued a “buy” rating and set a $72.00 target price on shares of Trip.com Group in a report on Wednesday, June 12th. StockNews.com raised Trip.com Group from a “hold” rating to a “buy” rating in a report on Friday, July 19th. Citigroup boosted their target price on Trip.com Group from $53.00 to $55.00 and gave the stock a “buy” rating in a report on Monday, April 1st. Finally, Barclays boosted their target price on Trip.com Group from $60.00 to $76.00 and gave the stock an “overweight” rating in a report on Wednesday, May 22nd. Two investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Trip.com Group has a consensus rating of “Moderate Buy” and an average price target of $61.89.

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.