Trip.com Group Limited Sponsored ADR $TCOM Shares Bought by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC boosted its holdings in shares of Trip.com Group Limited Sponsored ADR (NASDAQ:TCOM) by 25.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,251 shares of the company’s stock after acquiring an additional 2,920 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Trip.com Group were worth $836,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. U S Global Investors Inc. grew its holdings in shares of Trip.com Group by 11.4% during the second quarter. U S Global Investors Inc. now owns 134,738 shares of the company’s stock worth $7,901,000 after buying an additional 13,745 shares in the last quarter. PDS Planning Inc purchased a new stake in Trip.com Group in the second quarter valued at approximately $240,000. Callan Family Office LLC purchased a new stake in Trip.com Group in the second quarter valued at approximately $405,000. Blair William & Co. IL grew its holdings in Trip.com Group by 3.9% in the second quarter. Blair William & Co. IL now owns 5,398 shares of the company’s stock valued at $317,000 after purchasing an additional 205 shares during the period. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management purchased a new stake in Trip.com Group in the second quarter valued at approximately $215,000. 35.41% of the stock is currently owned by hedge funds and other institutional investors.

Trip.com Group Trading Down 0.1%

NASDAQ TCOM opened at $70.14 on Monday. The company’s fifty day simple moving average is $70.91 and its 200-day simple moving average is $64.04. Trip.com Group Limited Sponsored ADR has a 52 week low of $51.35 and a 52 week high of $78.65. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.07. The stock has a market cap of $45.82 billion, a P/E ratio of 19.22, a PEG ratio of 2.89 and a beta of 0.03.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. Zacks Research upgraded shares of Trip.com Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, September 4th. Mizuho boosted their price objective on shares of Trip.com Group from $78.00 to $81.00 and gave the stock an “outperform” rating in a research note on Thursday, August 28th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Trip.com Group in a research note on Wednesday, October 8th. Barclays boosted their price objective on shares of Trip.com Group from $84.00 to $85.00 and gave the stock an “overweight” rating in a research note on Friday, August 29th. Finally, Sanford C. Bernstein boosted their price objective on shares of Trip.com Group from $75.00 to $78.00 and gave the stock an “outperform” rating in a research note on Friday, August 29th. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Trip.com Group currently has a consensus rating of “Buy” and a consensus target price of $76.98.

Trip.com Group 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.