C WorldWide Group Holding A S Has $89.89 Million Holdings in Trip.com Group Limited (NASDAQ:TCOM)

C WorldWide Group Holding A S reduced its stake in shares of Trip.com Group Limited (NASDAQ:TCOM) by 0.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,309,208 shares of the company’s stock after selling 4,811 shares during the quarter. Trip.com Group accounts for approximately 1.1% of C WorldWide Group Holding A S’s holdings, making the stock its 19th biggest position. C WorldWide Group Holding A S owned 0.20% of Trip.com Group worth $89,890,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. FMR LLC raised its stake in Trip.com Group by 32.8% during the 3rd quarter. FMR LLC now owns 11,123,783 shares of the company’s stock valued at $661,086,000 after purchasing an additional 2,749,365 shares during the last quarter. Sanders Capital LLC raised its stake in shares of Trip.com Group by 34.7% in the 3rd quarter. Sanders Capital LLC now owns 9,566,403 shares of the company’s stock valued at $568,531,000 after buying an additional 2,462,767 shares in the last quarter. ARGA Investment Management LP raised its stake in shares of Trip.com Group by 46.9% in the 3rd quarter. ARGA Investment Management LP now owns 5,899,404 shares of the company’s stock valued at $350,602,000 after buying an additional 1,884,044 shares in the last quarter. Cantillon Capital Management LLC raised its stake in shares of Trip.com Group by 14.9% in the 3rd quarter. Cantillon Capital Management LLC now owns 4,868,383 shares of the company’s stock valued at $289,328,000 after buying an additional 629,508 shares in the last quarter. Finally, CoreView Capital Management Ltd raised its stake in shares of Trip.com Group by 15.8% in the 3rd quarter. CoreView Capital Management Ltd now owns 4,676,166 shares of the company’s stock valued at $277,905,000 after buying an additional 639,000 shares in the last quarter. 35.41% of the stock is currently owned by institutional investors and hedge funds.

Trip.com Group Stock Up 1.4 %

Shares of NASDAQ:TCOM opened at $67.02 on Monday. Trip.com Group Limited has a 12 month low of $38.23 and a 12 month high of $77.18. The company’s 50-day moving average price is $68.78 and its two-hundred day moving average price is $61.39. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.14. The firm has a market cap of $43.17 billion, a P/E ratio of 20.07, a P/E/G ratio of 0.67 and a beta of 0.37.

Analysts Set New Price Targets

TCOM has been the subject of a number of recent research reports. StockNews.com upgraded shares of Trip.com Group from a “hold” rating to a “buy” rating in a research note on Wednesday, November 20th. Macquarie increased their price objective on shares of Trip.com Group from $75.40 to $80.80 and gave the company an “outperform” rating in a research note on Wednesday, November 20th. Citigroup increased their price objective on shares of Trip.com Group from $73.00 to $78.00 and gave the company a “buy” rating in a research note on Friday, January 3rd. Mizuho increased their price objective on shares of Trip.com Group from $65.00 to $78.00 and gave the company an “outperform” rating in a research note on Tuesday, November 12th. Finally, Sanford C. Bernstein assumed coverage on shares of Trip.com Group in a research report on Monday, November 4th. They set an “outperform” rating and a $85.00 target price for the company. Ten research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy” and an average target price of $77.31.

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.