6,052 Shares in Trip.com Group Limited (NASDAQ:TCOM) Purchased by Sanctuary Advisors LLC

Sanctuary Advisors LLC purchased a new stake in shares of Trip.com Group Limited (NASDAQ:TCOM) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 6,052 shares of the company’s stock, valued at approximately $385,000.

Several other institutional investors and hedge funds have also bought and sold shares of the business. CWM LLC increased its stake in shares of Trip.com Group by 10.4% during the third quarter. CWM LLC now owns 2,327 shares of the company’s stock valued at $138,000 after buying an additional 220 shares during the period. Creative Planning boosted its holdings in Trip.com Group by 1.7% in the third quarter. Creative Planning now owns 25,622 shares of the company’s stock valued at $1,523,000 after acquiring an additional 423 shares in the last quarter. Vanguard Personalized Indexing Management LLC increased its position in Trip.com Group by 4.2% during the 2nd 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 period. Benjamin F. Edwards & Company Inc. raised its holdings in Trip.com Group by 72.3% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 1,165 shares of the company’s stock worth $55,000 after purchasing an additional 489 shares in the last quarter. Finally, Ritholtz Wealth Management lifted its position in shares of Trip.com Group by 3.5% in the 2nd quarter. Ritholtz Wealth Management now owns 14,919 shares of the company’s stock worth $701,000 after purchasing an additional 505 shares during the period. Hedge funds and other institutional investors own 35.41% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on TCOM shares. Benchmark boosted their price target on shares of Trip.com Group from $72.00 to $80.00 and gave the company a “buy” rating in a research report on Tuesday, November 19th. StockNews.com upgraded Trip.com Group from a “hold” rating to a “buy” rating in a report on Wednesday, November 20th. Macquarie raised their target price on Trip.com Group from $75.40 to $80.80 and gave the company an “outperform” rating in a research note on Wednesday, November 20th. Hsbc Global Res raised Trip.com Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 19th. Finally, Mizuho raised their price objective on Trip.com Group from $65.00 to $78.00 and gave the company an “outperform” rating in a research report on Tuesday, November 12th. Eleven investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Trip.com Group currently has an average rating of “Buy” and an average target price of $74.18.

Trip.com Group Stock Performance

Shares of TCOM stock opened at $73.06 on Friday. 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 company has a market capitalization of $47.06 billion, a price-to-earnings ratio of 21.87, a price-to-earnings-growth ratio of 1.10 and a beta of 0.39. Trip.com Group Limited has a one year low of $33.90 and a one year high of $77.18. The company’s 50-day moving average is $66.72 and its 200 day moving average is $55.28.

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.