Vontobel Holding Ltd. Has $91.01 Million Stock Holdings in Trip.com Group Limited Sponsored ADR $TCOM

Vontobel Holding Ltd. decreased its position in shares of Trip.com Group Limited Sponsored ADR (NASDAQ:TCOMFree Report) by 3.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,265,598 shares of the company’s stock after selling 39,819 shares during the quarter. Vontobel Holding Ltd. owned approximately 0.19% of Trip.com Group worth $91,009,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Allworth Financial LP grew its holdings in shares of Trip.com Group by 7.0% in the 3rd quarter. Allworth Financial LP now owns 2,154 shares of the company’s stock valued at $162,000 after acquiring an additional 140 shares in the last quarter. Park Avenue Securities LLC lifted its stake in Trip.com Group by 5.2% in the 4th quarter. Park Avenue Securities LLC now owns 2,997 shares of the company’s stock valued at $216,000 after purchasing an additional 148 shares during the last quarter. Advisory Services Network LLC lifted its stake in Trip.com Group by 2.1% in the 2nd quarter. Advisory Services Network LLC now owns 8,438 shares of the company’s stock valued at $523,000 after purchasing an additional 176 shares during the last quarter. CWM LLC lifted its stake in Trip.com Group by 8.0% in the 4th quarter. CWM LLC now owns 2,443 shares of the company’s stock valued at $176,000 after purchasing an additional 181 shares during the last quarter. Finally, Main Management ETF Advisors LLC lifted its stake in Trip.com Group by 1.0% in the 4th quarter. Main Management ETF Advisors LLC now owns 18,009 shares of the company’s stock valued at $1,295,000 after purchasing an additional 184 shares during the last quarter. Institutional investors and hedge funds own 35.41% of the company’s stock.

Analysts Set New Price Targets

TCOM has been the subject of several recent analyst reports. Benchmark cut their target price on shares of Trip.com Group from $82.00 to $72.00 and set a “buy” rating for the company in a research note on Thursday, February 26th. TD Cowen cut their target price on shares of Trip.com Group from $73.00 to $68.00 and set a “buy” rating for the company in a research note on Thursday, February 26th. Barclays reiterated an “overweight” rating and issued a $75.00 target price on shares of Trip.com Group in a research note on Thursday, February 26th. Morgan Stanley reiterated an “overweight” rating and issued a $75.00 target price on shares of Trip.com Group in a research note on Thursday, February 26th. Finally, Weiss Ratings downgraded shares of Trip.com Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, March 2nd. Eight investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $77.50.

View Our Latest Stock Analysis on Trip.com Group

Trip.com Group Trading Down 1.9%

Shares of TCOM stock opened at $46.47 on Friday. The firm has a 50 day moving average price of $50.59 and a two-hundred day moving average price of $58.16. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.07. The company has a market capitalization of $30.19 billion, a PE ratio of 6.94, a price-to-earnings-growth ratio of 3.29 and a beta of -0.07. Trip.com Group Limited Sponsored ADR has a 12-month low of $45.92 and a 12-month high of $78.99.

Trip.com Group (NASDAQ:TCOMGet Free Report) last issued its quarterly earnings data on Saturday, February 14th. The company reported $0.71 earnings per share (EPS) for the quarter. The firm had revenue of $2.20 billion during the quarter. Trip.com Group had a net margin of 53.28% and a return on equity of 18.56%. As a group, analysts predict that Trip.com Group Limited Sponsored ADR will post 3.61 earnings per share for the current year.

About Trip.com Group

(Free Report)

Trip.com Group (NASDAQ: TCOM) is a China-based online travel services company that provides a broad range of consumer and business travel products. The company operates consumer-facing travel platforms and mobile apps that enable users to search, book and manage hotel reservations, airline tickets, packaged tours, rail travel, car rentals, airport transfers and local activities. It also offers corporate travel management and B2B solutions that support travel suppliers and downstream distribution partners.

Headquartered in Shanghai, Trip.com Group serves customers across China and increasingly in international markets through a portfolio of brands and global distribution channels.

See Also

Institutional Ownership by Quarter for Trip.com Group (NASDAQ:TCOM)

Receive News & Ratings for Trip.com Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trip.com Group and related companies with MarketBeat.com's FREE daily email newsletter.