Boston Common Asset Management LLC Has $15.49 Million Position in Trip.com Group Limited (NASDAQ:TCOM)

Boston Common Asset Management LLC raised its holdings in shares of Trip.com Group Limited (NASDAQ:TCOM) by 0.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 225,606 shares of the company’s stock after purchasing an additional 1,942 shares during the quarter. Boston Common Asset Management LLC’s holdings in Trip.com Group were worth $15,490,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Victory Capital Management Inc. acquired a new stake in shares of Trip.com Group during the 2nd quarter worth about $355,000. Envestnet Asset Management Inc. lifted its position in Trip.com Group by 22.0% during the second quarter. Envestnet Asset Management Inc. now owns 95,072 shares of the company’s stock worth $4,468,000 after acquiring an additional 17,118 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its position in Trip.com Group by 165.6% during the second quarter. Massachusetts Financial Services Co. MA now owns 212,651 shares of the company’s stock worth $9,995,000 after acquiring an additional 132,595 shares during the last quarter. E Fund Management Co. Ltd. bought a new stake in shares of Trip.com Group during the second quarter worth approximately $867,000. Finally, Vanguard Personalized Indexing Management LLC grew its position in shares of Trip.com Group by 4.2% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 10,647 shares of the company’s stock valued at $500,000 after purchasing an additional 431 shares during the last quarter. 35.41% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Barclays lifted their price target on Trip.com Group from $76.00 to $84.00 and gave the stock an “overweight” rating in a report on Wednesday, November 20th. Macquarie lifted their target price on Trip.com Group from $75.40 to $80.80 and gave the stock an “outperform” rating in a report on Wednesday, November 20th. TD Cowen boosted their target price on shares of Trip.com Group from $56.00 to $71.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. Mizuho raised their price target on shares of Trip.com Group from $65.00 to $78.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 12th. Finally, Citigroup lifted their price objective on shares of Trip.com Group from $73.00 to $78.00 and gave the stock a “buy” rating in a research note on Friday, January 3rd. Eleven research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $74.78.

Trip.com Group Price Performance

Shares of Trip.com Group stock traded up $2.68 on Friday, reaching $68.49. 318,236 shares of the stock were exchanged, compared to its average volume of 2,380,797. 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 firm has a market cap of $44.12 billion, a PE ratio of 20.47, a P/E/G ratio of 0.88 and a beta of 0.37. The firm’s 50 day moving average is $67.32 and its 200-day moving average is $56.93. Trip.com Group Limited has a one year low of $34.42 and a one year high of $77.18.

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.