Capital Advisory Group Advisory Services LLC Acquires New Holdings in Trip.com Group Limited (NASDAQ:TCOM)

Capital Advisory Group Advisory Services LLC bought a new position in shares of Trip.com Group Limited (NASDAQ:TCOM) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 5,546 shares of the company’s stock, valued at approximately $381,000.

Several other institutional investors also recently modified their holdings of TCOM. Private Advisor Group LLC increased its holdings in Trip.com Group by 2.8% in the 4th quarter. Private Advisor Group LLC now owns 16,272 shares of the company’s stock worth $1,117,000 after purchasing an additional 440 shares in the last quarter. Alberta Investment Management Corp increased its stake in shares of Trip.com Group by 70.9% in the fourth quarter. Alberta Investment Management Corp now owns 200,651 shares of the company’s stock valued at $13,777,000 after buying an additional 83,233 shares during the period. Principal Financial Group Inc. raised its holdings in Trip.com Group by 87.9% in the 4th quarter. Principal Financial Group Inc. now owns 246,953 shares of the company’s stock valued at $16,956,000 after buying an additional 115,546 shares during the last quarter. State of New Jersey Common Pension Fund D boosted its position in Trip.com Group by 4.8% during the 4th quarter. State of New Jersey Common Pension Fund D now owns 160,005 shares of the company’s stock worth $10,986,000 after buying an additional 7,266 shares during the period. Finally, Principal Securities Inc. boosted its position in Trip.com Group by 46.8% during 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. 35.41% of the stock is currently owned by institutional investors and hedge funds.

Trip.com Group Stock Down 0.9 %

Shares of NASDAQ TCOM opened at $66.11 on Friday. 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 $42.58 billion, a PE ratio of 19.79, a P/E/G ratio of 0.67 and a beta of 0.37. The company’s fifty day simple moving average is $68.89 and its 200 day simple moving average is $60.93. Trip.com Group Limited has a 12-month low of $38.23 and a 12-month high of $77.18.

Wall Street Analyst Weigh In

TCOM has been the subject of several analyst reports. HSBC raised shares of Trip.com Group from a “hold” rating to a “buy” rating and set a $75.00 price target for the company in a research note on Tuesday, November 19th. Mizuho upped their price target on Trip.com Group from $65.00 to $78.00 and gave the company an “outperform” rating in a research report on Tuesday, November 12th. Barclays increased their price target on Trip.com Group from $76.00 to $84.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th. StockNews.com upgraded Trip.com Group from a “hold” rating to a “buy” rating in a report on Wednesday, November 20th. Finally, Citigroup raised their price target on shares of Trip.com Group from $73.00 to $78.00 and gave the stock a “buy” rating in a report on Friday, January 3rd. Eleven investment 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 currently has an average rating of “Buy” and a consensus target price of $74.78.

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.