Russell Investments Group Ltd. Purchases 91,675 Shares of Trip.com Group Limited (NASDAQ:TCOM)

Russell Investments Group Ltd. grew its position in shares of Trip.com Group Limited (NASDAQ:TCOM) by 6.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,604,482 shares of the company’s stock after buying an additional 91,675 shares during the period. Russell Investments Group Ltd. owned 0.25% of Trip.com Group worth $110,157,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brooklyn Investment Group purchased a new stake in Trip.com Group during the fourth quarter valued at about $25,000. National Bank of Canada FI lifted its stake in shares of Trip.com Group by 227.7% during the 4th quarter. National Bank of Canada FI now owns 462 shares of the company’s stock valued at $32,000 after buying an additional 321 shares in the last quarter. Rakuten Securities Inc. boosted its holdings in Trip.com Group by 1,496.7% in the 4th quarter. Rakuten Securities Inc. now owns 479 shares of the company’s stock worth $33,000 after buying an additional 449 shares during the period. Principal Securities Inc. boosted its holdings in Trip.com Group by 46.8% in the 4th quarter. Principal Securities Inc. now owns 530 shares of the company’s stock worth $36,000 after buying an additional 169 shares during the period. Finally, Farther Finance Advisors LLC grew its stake in Trip.com Group by 443.5% in the 4th quarter. Farther Finance Advisors LLC now owns 625 shares of the company’s stock valued at $43,000 after buying an additional 510 shares in the last quarter. Institutional investors own 35.41% of the company’s stock.

Trip.com Group Price Performance

Shares of NASDAQ:TCOM opened at $55.89 on Friday. Trip.com Group Limited has a one year low of $38.23 and a one year high of $77.18. 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 has a market capitalization of $36.00 billion, a price-to-earnings ratio of 16.73, a PEG ratio of 0.67 and a beta of 0.12. The company’s fifty day moving average price is $64.99 and its 200-day moving average price is $64.91.

Trip.com Group Announces Dividend

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

Analysts Set New Price Targets

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

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.