U S Global Investors Inc. Has $7.86 Million Holdings in Trip.com Group Limited Sponsored ADR $TCOM

by · The Cerbat Gem

U S Global Investors Inc. decreased its holdings in Trip.com Group Limited Sponsored ADR (NASDAQ:TCOM – Free Report) by 22.4% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 104,516 shares of the company’s stock after selling 30,222 shares during the period. U S Global Investors Inc.’s holdings in Trip.com Group were worth $7,860,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the stock. Advisory Services Network LLC grew its position in shares of 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 buying an additional 176 shares during the last quarter. Legacy Wealth Asset Management LLC boosted its holdings in Trip.com Group by 2.1% in 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. Frank Rimerman Advisors LLC increased its position in Trip.com Group by 1.7% during the 2nd quarter. Frank Rimerman Advisors LLC now owns 10,958 shares of the company’s stock valued at $643,000 after purchasing an additional 185 shares during the period. Blair William & Co. IL increased its position in Trip.com Group by 3.9% during the 2nd quarter. Blair William & Co. IL now owns 5,398 shares of the company’s stock valued at $317,000 after purchasing an additional 205 shares during the period. Finally, EverSource Wealth Advisors LLC raised its holdings in Trip.com Group by 44.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 701 shares of the company’s stock worth $41,000 after purchasing an additional 215 shares during the last quarter. 35.41% of the stock is owned by institutional investors.

Trip.com Group Stock Performance

Shares of Trip.com Group stock opened at $74.49 on Friday. The business has a 50-day simple moving average of $71.52 and a 200 day simple moving average of $68.48. Trip.com Group Limited Sponsored ADR has a one year low of $51.35 and a one year high of $78.65. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.48 and a quick ratio of 1.48. The firm has a market capitalization of $48.66 billion, a price-to-earnings ratio of 11.92, a PEG ratio of 2.45 and a beta of -0.13.

Wall Street Analysts Forecast Growth

TCOM has been the subject of several recent analyst reports. Bank of America increased their price objective on shares of Trip.com Group from $83.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday, November 20th. Zacks Research raised shares of Trip.com Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 3rd. Weiss Ratings reiterated a “buy (b-)” rating on shares of Trip.com Group in a report on Monday, December 29th. Benchmark lifted their price objective on Trip.com Group from $80.00 to $82.00 and gave the stock a “buy” rating in a research report on Tuesday, November 18th. Finally, Barclays upped their target price on Trip.com Group from $85.00 to $90.00 and gave the company an “overweight” rating in a research report on Wednesday, November 19th. One equities research analyst has rated the stock with a Strong Buy rating and nine have issued a Buy rating to the company’s stock. According to MarketBeat, Trip.com Group currently has an average rating of “Buy” and an average target price of $81.25.

Read Our Latest Research Report on Trip.com Group

Trip.com Group Profile

(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.

Featured Articles

Want to see what other hedge funds are holding TCOM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Trip.com Group Limited Sponsored ADR (NASDAQ:TCOM – Free Report).