Trip.com Group Limited Sponsored ADR $TCOM Shares Purchased by Generali Investments CEE investicni spolecnost a.s.

Generali Investments CEE investicni spolecnost a.s. boosted its holdings in Trip.com Group Limited Sponsored ADR (NASDAQ:TCOM) by 13.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 8,643 shares of the company’s stock after acquiring an additional 1,043 shares during the period. Generali Investments CEE investicni spolecnost a.s.’s holdings in Trip.com Group were worth $507,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in TCOM. Mirae Asset Global Investments Co. Ltd. grew its stake in Trip.com Group by 1,609.6% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 12,920,955 shares of the company’s stock valued at $821,514,000 after acquiring an additional 12,165,176 shares during the last quarter. Davis Selected Advisers boosted its stake in shares of Trip.com Group by 29.8% during the 1st quarter. Davis Selected Advisers now owns 4,862,997 shares of the company’s stock worth $309,189,000 after purchasing an additional 1,115,836 shares during the last quarter. National Bank of Canada FI boosted its stake in shares of Trip.com Group by 220,646.1% during the 1st quarter. National Bank of Canada FI now owns 1,019,847 shares of the company’s stock worth $64,842,000 after purchasing an additional 1,019,385 shares during the last quarter. Voya Investment Management LLC boosted its stake in shares of Trip.com Group by 41.4% during the 1st quarter. Voya Investment Management LLC now owns 2,979,370 shares of the company’s stock worth $189,428,000 after purchasing an additional 872,630 shares during the last quarter. Finally, Temasek Holdings Private Ltd acquired a new stake in shares of Trip.com Group during the 1st quarter worth about $54,568,000. 35.41% of the stock is owned by institutional investors and hedge funds.

Trip.com Group Price Performance

TCOM opened at $75.20 on Wednesday. The company’s 50 day simple moving average is $68.51 and its 200 day simple moving average is $63.37. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.33 and a current ratio of 1.33. Trip.com Group Limited Sponsored ADR has a 1 year low of $51.35 and a 1 year high of $78.65. The stock has a market capitalization of $49.13 billion, a PE ratio of 20.60, a P/E/G ratio of 3.14 and a beta of 0.03.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Zacks Research raised shares of Trip.com Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, September 4th. Sanford C. Bernstein raised their price target 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. Mizuho raised their price target 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. Finally, Barclays raised their price target 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. Two investment analysts have rated the stock with a Strong Buy rating and eleven have issued a Buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $76.98.

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.