Laird Norton Wetherby Wealth Management LLC Sells 2,441 Shares of Trip.com Group Limited (NASDAQ:TCOM)

Laird Norton Wetherby Wealth Management LLC decreased its holdings in shares of Trip.com Group Limited (NASDAQ:TCOM) by 14.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 14,995 shares of the company’s stock after selling 2,441 shares during the period. Laird Norton Wetherby Wealth Management LLC’s holdings in Trip.com Group were worth $1,030,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. FMR LLC lifted its stake in shares of Trip.com Group by 125.5% in the 4th quarter. FMR LLC now owns 25,088,658 shares of the company’s stock valued at $1,722,587,000 after acquiring an additional 13,964,875 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its stake in shares of Trip.com Group by 1,925.9% in the 4th quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 2,986,561 shares of the company’s stock valued at $205,057,000 after acquiring an additional 2,839,142 shares during the last quarter. Wellington Management Group LLP lifted its stake in shares of Trip.com Group by 92.9% in the 4th quarter. Wellington Management Group LLP now owns 4,364,985 shares of the company’s stock valued at $299,700,000 after acquiring an additional 2,101,937 shares during the last quarter. Voya Investment Management LLC lifted its stake in shares of Trip.com Group by 751.8% in the 4th quarter. Voya Investment Management LLC now owns 2,106,740 shares of the company’s stock valued at $144,649,000 after acquiring an additional 1,859,401 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its stake in shares of Trip.com Group by 16,640.8% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,431,336 shares of the company’s stock valued at $98,277,000 after acquiring an additional 1,422,786 shares during the last quarter. Institutional investors own 35.41% of the company’s stock.

Trip.com Group Stock Up 1.1%

TCOM stock opened at $66.24 on Wednesday. Trip.com Group Limited has a fifty-two week low of $38.23 and a fifty-two week high of $77.18. The business’s 50 day moving average price is $60.05 and its two-hundred day moving average price is $64.54. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.42 and a current ratio of 1.42. The company has a market capitalization of $43.27 billion, a price-to-earnings ratio of 19.83, a price-to-earnings-growth ratio of 0.67 and a beta of 0.08.

Trip.com Group Announces Dividend

The company also recently announced a — dividend, which was paid on Friday, April 4th. Shareholders of record on Monday, March 17th were issued 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 8.02%.

Analyst Ratings Changes

TCOM has been the subject of a number of recent research reports. StockNews.com lowered Trip.com Group from a “buy” rating to a “hold” rating in a research note on Saturday, April 26th. Mizuho upgraded Trip.com Group to a “strong-buy” rating in a report on Friday, May 2nd. JPMorgan Chase & Co. reduced their price target on 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 restated a “buy” rating and set a $80.00 price target on shares of Trip.com Group in a report on Tuesday, February 25th. One investment analyst has rated the stock with a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Buy” and an average target price of $78.53.

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.