Schechter Investment Advisors LLC Sells 241 Shares of Trip.com Group Limited (NASDAQ:TCOM)

Schechter Investment Advisors LLC lowered its stake in Trip.com Group Limited (NASDAQ:TCOM) by 5.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,002 shares of the company’s stock after selling 241 shares during the period. Schechter Investment Advisors LLC’s holdings in Trip.com Group were worth $275,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in TCOM. GSA Capital Partners LLP bought a new stake in shares of Trip.com Group during the 3rd quarter valued at about $384,000. LMR Partners LLP bought a new stake in Trip.com Group during the 3rd quarter valued at approximately $18,435,000. Headwater Capital Co Ltd purchased a new position in shares of Trip.com Group during the 4th quarter worth approximately $13,732,000. Massachusetts Financial Services Co. MA raised its position in shares of Trip.com Group by 85.8% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 395,054 shares of the company’s stock worth $23,478,000 after acquiring an additional 182,403 shares in the last quarter. Finally, WT Asset Management Ltd lifted its stake in shares of Trip.com Group by 92.3% in the 4th quarter. WT Asset Management Ltd now owns 44,416 shares of the company’s stock valued at $3,050,000 after purchasing an additional 21,316 shares during the period. Institutional investors own 35.41% of the company’s stock.

Trip.com Group Stock Performance

TCOM stock opened at $64.01 on Thursday. The stock’s 50 day simple moving average is $66.66 and its 200 day simple moving average is $62.23. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.14. Trip.com Group Limited has a 12-month low of $38.23 and a 12-month high of $77.18. The stock has a market capitalization of $41.23 billion, a PE ratio of 19.16, a price-to-earnings-growth ratio of 0.67 and a beta of 0.38.

Trip.com Group Announces Dividend

The firm also recently disclosed a — dividend, which will be paid on Friday, April 4th. Investors of record on Monday, March 17th will be given a dividend of $0.30 per share. The ex-dividend date is Monday, March 17th. Trip.com Group’s dividend payout ratio (DPR) is presently 8.02%.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on TCOM shares. Mizuho upped their price target on Trip.com Group from $65.00 to $78.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 12th. Benchmark reissued a “buy” rating and set a $80.00 price target on shares of Trip.com Group in a research report on Tuesday, February 25th. HSBC raised shares of Trip.com Group from a “hold” rating to a “buy” rating and set a $75.00 price objective on the stock in a research note on Tuesday, November 19th. Hsbc Global Res raised shares of Trip.com Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 19th. Finally, TD Cowen boosted their price target on Trip.com Group from $56.00 to $71.00 and gave the stock a “buy” rating in a research report on Tuesday, November 19th. One investment 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. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $77.08.

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.