WIM INVESTMENT MANAGEMENT Ltd Has $15.16 Million Stock Holdings in Trip.com Group Limited Sponsored ADR $TCOM

WIM INVESTMENT MANAGEMENT Ltd lifted its holdings in Trip.com Group Limited Sponsored ADR (NASDAQ:TCOM) by 28.6% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 258,550 shares of the company’s stock after buying an additional 57,450 shares during the period. Trip.com Group comprises 5.0% of WIM INVESTMENT MANAGEMENT Ltd’s holdings, making the stock its 8th largest holding. WIM INVESTMENT MANAGEMENT Ltd’s holdings in Trip.com Group were worth $15,161,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of TCOM. Cetera Investment Advisers boosted its stake in shares of Trip.com Group by 0.7% during the first quarter. Cetera Investment Advisers now owns 22,704 shares of the company’s stock valued at $1,444,000 after purchasing an additional 166 shares during the period. Legacy Wealth Asset Management LLC lifted its position in Trip.com Group by 2.1% during the second quarter. Legacy Wealth Asset Management LLC now owns 8,934 shares of the company’s stock valued at $524,000 after acquiring an additional 184 shares during the last quarter. Blair William & Co. IL boosted its position in shares of Trip.com Group by 3.9% in the 2nd quarter. Blair William & Co. IL now owns 5,398 shares of the company’s stock worth $317,000 after purchasing an additional 205 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Trip.com Group by 4.1% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 6,032 shares of the company’s stock valued at $354,000 after buying an additional 235 shares during the last quarter. Finally, Prudential PLC raised its stake in Trip.com Group by 2.1% in the 1st quarter. Prudential PLC now owns 11,897 shares of the company’s stock worth $756,000 after acquiring an additional 244 shares during the last quarter. Hedge funds and other institutional investors own 35.41% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Barclays increased their price objective on Trip.com Group from $84.00 to $85.00 and gave the company an “overweight” rating in a report on Friday, August 29th. Zacks Research downgraded shares of Trip.com Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 28th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Trip.com Group in a report on Wednesday, October 8th. Mizuho boosted their target price 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. Finally, Sanford C. Bernstein increased their price objective 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. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Trip.com Group currently has an average rating of “Moderate Buy” and an average target price of $76.98.

Trip.com Group Stock Performance

Shares of TCOM stock opened at $70.27 on Friday. Trip.com Group Limited Sponsored ADR has a 52 week low of $51.35 and a 52 week high of $78.65. The firm has a 50 day moving average of $72.94 and a two-hundred day moving average of $65.70. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.07. The stock has a market capitalization of $45.91 billion and a PE ratio of 19.25.

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.