RPg Family Wealth Advisory LLC Buys Shares of 638 Trip.com Group Limited (NASDAQ:TCOM)

RPg Family Wealth Advisory LLC purchased a new stake in Trip.com Group Limited (NASDAQ:TCOM) during the third quarter, Holdings Channel.com reports. The firm purchased 638 shares of the company’s stock, valued at approximately $38,000.

Several other large investors have also recently made changes to their positions in the stock. FMR LLC grew its stake in Trip.com Group by 32.8% in the third quarter. FMR LLC now owns 11,123,783 shares of the company’s stock valued at $661,086,000 after purchasing an additional 2,749,365 shares during the last quarter. Sanders Capital LLC grew its position in shares of Trip.com Group by 34.7% in the 3rd quarter. Sanders Capital LLC now owns 9,566,403 shares of the company’s stock worth $568,531,000 after buying an additional 2,462,767 shares during the last quarter. Cantillon Capital Management LLC raised its stake in shares of Trip.com Group by 14.9% during the 3rd quarter. Cantillon Capital Management LLC now owns 4,868,383 shares of the company’s stock worth $289,328,000 after acquiring an additional 629,508 shares in the last quarter. Fisher Asset Management LLC raised its stake in shares of Trip.com Group by 6.1% during the 3rd quarter. Fisher Asset Management LLC now owns 2,961,009 shares of the company’s stock worth $175,973,000 after acquiring an additional 170,890 shares in the last quarter. Finally, Ninety One UK Ltd boosted its stake in Trip.com Group by 1.3% in the second quarter. Ninety One UK Ltd now owns 2,748,579 shares of the company’s stock valued at $129,183,000 after acquiring an additional 36,122 shares in the last quarter. 35.41% of the stock is owned by institutional investors.

Trip.com Group Price Performance

Shares of TCOM opened at $63.80 on Thursday. The company has a market capitalization of $41.09 billion, a P/E ratio of 19.10, a P/E/G ratio of 0.97 and a beta of 0.39. The business’s 50-day moving average is $61.99 and its two-hundred day moving average is $52.74. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.42 and a current ratio of 1.42. Trip.com Group Limited has a fifty-two week low of $32.42 and a fifty-two week high of $69.67.

Trip.com Group (NASDAQ:TCOM) last announced its quarterly earnings results on Monday, August 26th. The company reported $0.87 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.22. Trip.com Group had a return on equity of 12.04% and a net margin of 31.86%. The company had revenue of $1.76 billion during the quarter, compared to analysts’ expectations of $1.80 billion. Research analysts predict that Trip.com Group Limited will post 3.29 earnings per share for the current year.

Wall Street Analyst Weigh In

TCOM has been the subject of a number of recent analyst reports. Sanford C. Bernstein began coverage on Trip.com Group in a research report on Monday, November 4th. They issued an “outperform” rating and a $85.00 price objective for the company. HSBC upgraded Trip.com Group from a “hold” rating to a “buy” rating and set a $75.00 price target on the stock in a research note on Tuesday, November 19th. StockNews.com raised shares of Trip.com Group from a “hold” rating to a “buy” rating in a research report on Wednesday, November 20th. Benchmark boosted their target price on shares of Trip.com Group from $72.00 to $80.00 and gave the stock a “buy” rating in a research report on Tuesday, November 19th. Finally, Hsbc Global Res raised shares of Trip.com Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 19th. Eleven research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Trip.com Group presently has a consensus rating of “Buy” and an average price target of $74.18.

Trip.com Group 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.