Trip.com Group Limited Sponsored ADR $TCOM Position Increased by Coldstream Capital Management Inc.

Coldstream Capital Management Inc. boosted its holdings in Trip.com Group Limited Sponsored ADR (NASDAQ:TCOM) by 725.9% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 5,079 shares of the company’s stock after buying an additional 4,464 shares during the quarter. Coldstream Capital Management Inc.’s holdings in Trip.com Group were worth $298,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. MAI Capital Management raised its position in shares of Trip.com Group by 14,928.6% during the second quarter. MAI Capital Management now owns 1,052 shares of the company’s stock worth $62,000 after purchasing an additional 1,045 shares during the period. Frank Rimerman Advisors LLC increased its stake in Trip.com Group by 1.7% in the 2nd quarter. Frank Rimerman Advisors LLC now owns 10,958 shares of the company’s stock worth $643,000 after purchasing an additional 185 shares in the last quarter. Creative Planning raised its holdings in Trip.com Group by 4.6% during the 2nd quarter. Creative Planning now owns 27,582 shares of the company’s stock worth $1,617,000 after buying an additional 1,215 shares during the period. Davis Selected Advisers lifted its stake in Trip.com Group by 1.8% during the second quarter. Davis Selected Advisers now owns 4,949,468 shares of the company’s stock valued at $290,237,000 after buying an additional 86,471 shares in the last quarter. Finally, Allianz SE boosted its holdings in shares of Trip.com Group by 83.0% in the second quarter. Allianz SE now owns 2,104 shares of the company’s stock worth $123,000 after buying an additional 954 shares during the period. Institutional investors and hedge funds own 35.41% of the company’s stock.

Trip.com Group Price Performance

NASDAQ TCOM opened at $69.76 on Friday. The stock has a market capitalization of $45.57 billion and a PE ratio of 19.11. Trip.com Group Limited Sponsored ADR has a 12-month low of $51.35 and a 12-month high of $78.65. The company has a 50 day moving average price of $72.15 and a two-hundred day moving average price of $66.91. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.07.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Mizuho boosted their price target on shares of Trip.com Group from $78.00 to $81.00 and gave the company an “outperform” rating in a report on Thursday, August 28th. Barclays boosted their target price on shares of Trip.com Group from $85.00 to $90.00 and gave the company an “overweight” rating in a research note on Wednesday, November 19th. Sanford C. Bernstein raised their target price on Trip.com Group from $75.00 to $78.00 and gave the stock an “outperform” rating in a research report on Friday, August 29th. Bank of America lifted their price target on Trip.com Group from $83.00 to $85.00 and gave the company a “buy” rating in a report on Thursday, November 20th. Finally, Benchmark increased their price objective on Trip.com Group from $80.00 to $82.00 and gave the stock a “buy” rating in a research note on Tuesday, November 18th. Nine analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Trip.com Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $81.25.

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.